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Wescoal Holdings Limited - Wescoal Mining Ceo Transition

Release Date: 04/04/2017 12:36:00      Code(s): WSL     
WESCOAL HOLDINGS LIMITED
Incorporated in the Republic of South Africa
(Registration number 2005/006913/06)
Share code: WSL
ISIN: ZAE000069639
(?Wescoal? or "the Company")

WESCOAL MINING CEO TRANSITION

Wescoal has appointed Thivha Tshithavhane as Chief Executive Officer of its subsidiary Wescoal
Mining with effect from 1st April 2017. Thivha has headed up the Group?s mining strategy and business
development portfolio for the past 12 months. He is a Chemical Engineer with operational,
process design and project management experience in the mineral processing industry spanning over
13 years. Thivha remains an Executive Director of Wescoal.

Outgoing Wescoal Mining CEO Dutch Botes will continue with the company heading up identified
growth projects. He will continue to add considerable experience to the planning and implementation
of the Company?s expansion initiatives.

Wescoal Holdings CEO Waheed Sulaiman says the change of leadership in the mining division is in line
with the company?s planned succession and transformation strategy. ?Dutch has contributed greatly
to Wescoal?s success and will continue to play a role in our growth going forward.?

Johannesburg
4 April 2017

Sponsor
Nedbank Corporate and Investment Banking

IR Advisor
Singular Systems IR

Date: 04/04/2017 12:36:00 Supplied by www.sharenet.co.za                     
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