COAL OF AFRICA LIMITED - Co-operation Agreement signed with Haohua Energy International (Hong Kong)

Co-operation Agreement signed with Haohua Energy International (Hong Kong)

Coal of Africa Limited
Incorporated and registered in Australia)
(Registration number ABN 008 905 388)
ISIN AU000000CZA6
JSE/ASX/AIM share code: CZA
("CoAL or the "Company" or the "Group")

ANNOUNCEMENT     
26 MARCH 2013

Co-operation Agreement signed with Haohua Energy International (Hong Kong)

Coal of Africa Limited ("CoAL") is pleased to announce that the co-operation agreement to formalise the
strategic relationship with Haohua Energy International (Hong Kong) (“HEI”) a wholly owned subsidiary of
Beijing Haohua Energy Resource Co. Limited ("BHE") was signed today at a ceremony in Johannesburg.


BHE is a state owned company that was founded in 2002 by Jingmei Group. BHE is a coal producer based
in Beijing, and engaged in mining, washing, export and sales of coal products and is the largest exporter of
anthracite coal from China. BHE is listed on the Shanghai Stock Exchange and is one of the constituent
stocks of the SSE 180 and the SSE Composite Index.


The agreement includes details on the commercial, technical, financial and operational issues pursuant to
which CoAL will be able to draw on HEI's technical expertise. Furthermore, HEI has undertaken to use its
best endeavours to arrange further funding in the development of the CoAL's substantial project pipeline.

The agreement serves to facilitate the formation of a long term and mutually beneficial strategic partnership
between CoAL and HEI. The vision of the co-operation is to unlock the intrinsic value inherent in CoAL's
operations and projects.

AUTHORISED BY:


John Wallington
Chief Executive Officer

For more information contact:
David Brown                                     Chairman                                              Coal of Africa                                        +27 11 575 4363
John Wallington                                 Chief Executive Officer                               Coal of Africa                                        +27 11 575 4363
Sakhile Ndlovu                                  Investor Relations                                    Coal of Africa                                        +27 11 575 6858
Tony Bevan                                      Company Secretary                                     Endeavour Corporate Services                          +61 08 9316 9100

Company advisors:
Jos Simson/Emily Fenton                         Financial PR (United Kingdom)                         Tavistock                                             +44 20 7920 3150
Chris Sim/Neil Elliot                           Nominated Adviser                                     Investec Bank plc                                     +44 20 7597 5970
Charmane Russell/James Duncan                   Financial PR (South Africa)                           Russell & Associates                                  +27 11 880 3924 or
                                                                                                                                                            +27 82 372 5816
Investec Bank Limited is the nominated JSE Sponsor




About CoAL:
CoAL is an AIM/ASX/JSE listed coal exploration, development and mining company operating in South Africa. CoAL’s key projects include the Vele Colliery (coking
and thermal coal), the Greater Soutpansberg Project, including CoAL’s Makhado Project (coking coal) and the Mooiplaats and Woestalleen Collieries (both
thermal coal).
                         Suite 8,7 The Esplanade, Mt Pleasant, Perth WA 6153, Australia, Tel: +61 8 9316 9100, Fax: +61 8 9315 5475, Email: perth@coalofafrica.com
  ZA: 2nd Floor, Gabba Building, The Campus, 57 Sloane Street, Bryanston, Johannesburg, South Africa 2021, Tel: +27 11 575 4363, Fax: +27 11 576 7484, Email: adminza@coalofafrica.co.za
                                                                           Company Registration: ACN 008 905388

                                          David H. Brown - Chairman, John N. Wallington - Chief executive officer, Professor N. A. Nevhutanda - Corporate affairs director
                                            Non-executive directors: Peter G. Cordin, Khomotso B. Mosehla , Dave J. K. Murray, Bernard R. Pryor, Rudolph H. Torlage
About Haohua Energy International (Hong Kong):
BHE was founded in 2002 by Jingmei Group, the only Chinese coal producer under the authorisation of the Beijing Municipal Government; Minmetals, a leading
diversified mining company; Shougang, one of the largest steel producers in China; China Coal, one of China’s top 3 coal producers; and CCRI, the only coal
research institute servicing the coal industry in China. BHE market capitalisation is at 14.4billion Chinese Renminbi.




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