OPT - Optimum Coal Holdings Limited - Changes to board of directors -

OPT - Optimum Coal Holdings Limited - Changes to board of directors -           
Resignation and Appointment of Financial Director                               
OPTIMUM COAL HOLDINGS LIMITED                                                   
(Incorporated in the Republic of South Africa)                                  
(Registration number 2006/007799/06)                                            
Share code: OPT ISIN code:  ZAE000144663                                        
("Optimum Coal")                                                                
CHANGES TO BOARD OF DIRECTORS                                                   
Further to the announcement released on SENS yesterday, shareholders are advised
that with effect from 26 March 2012, Mr DR Gain has resigned as financial       
director and Mr R Cohen has been appointed as financial director in his stead.  
Mr Cohen is an executive director and not a non-executive director as announced 
yesterday. The position of Mr M S Teke as Chief Executive Officer of Optimum    
Coal remains unchanged.                                                         
Johannesburg                                                                    
27 March 2012                                                                   
Sponsor                                                                         
RAND MERCHANT BANK (A division of FirstRand Bank Limited)                       
Financial Communications Advisers                                               
COLLEGE HILL                                                                    
Date: 27/03/2012 08:56:01 Supplied by www.sharenet.co.za                     
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