COAL OF AFRICA LIMITED - Director Share Purchase

Director Share Purchase

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                                                                                         19 March 2015



                                                   Director Share Purchase


Coal of Africa Limited (the “Company”) advises that it was informed on 18 March 2015, that David Brown,
Executive Director and Chief Executive Officer of the Company acquired 500,000 shares at an average price
of R0.27 (1.46 pence) on 18 March 2015. Following this acquisition Mr Brown is now the beneficial owner of
825,000 shares representing 0.05% of the Company’s issued share capital.




For more information contact:
 David Brown                          Chief Executive Officer           Coal of Africa                  +27 10 003 8000
 Michael Meeser                       Chief Financial Officer           Coal of Africa                  +27 10 003 8000
 Celeste Harris                       Investor Relations                Coal of Africa                  +27 10 003 8038
 Tony Bevan                           Company Secretary                 Endeavour Corporate Services    +61 8 9316 9100

Company advisors:
 Jos Simson/Emily Fenton              Financial PR (United Kingdom)      Tavistock                        +44 20 7920 3150
 Chris Sim/Jeremy Ellis               Nominated Adviser                  Investec Bank plc                +44 20 7597 5970
 Charmane Russell/Jane Kamau          Financial      PR        (South    Russell & Associates             +27 11 880 3924 or
                                      Africa)                                                             +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 /MbeuYashu, including CoAL’s Makhado Project (coking and
thermal coal).

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