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CZA - Coal of Africa Limited - Change of name of nominated adviser 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") CHANGE OF NAME OF NOMINATED ADVISER Coal of Africa Limited ("CoAL" or the "Company") announces that following the acquisition of the Evolution Group plc by Investec Plc, it has appointed Investec Bank plc as Nominated Adviser and Joint Broker with immediate effect. AUTHORISED BY: John Wallington Chief Executive Officer 22 June 2012 For more information contact: John Wallington Chief Executive Officer Coal of Africa +27 11 575 4363 Wayne Koonin Financial Director Coal of Africa +27 11 575 4363 Shannon Coates Company Secretary Coal of Africa +61 89 322 6776 Sakhile Ndlovu Investor Relations Coal of Africa +27 11 575 6858 Ruben Govender JSE Sponsor J.P. Morgan Equities Limited +27 11 507 0430 Charmane Russell/Jane Kamau Financial PR (South Africa) Russell & Associates +27 11 880 3924/+27 82 372 5816 Jos Simson/Emily Fenton Financial PR (United Kingdom) Tavistock +44 20 7920 3150 Chris Sim/Neil Elliot Nominated Adviser Investec +44 20 7071 4300 www.coalofafrica.com 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). The Mooiplaats Colliery commenced production in 2008 and is currently ramping up to produce 2 Mtpa. The Woestalleen Colliery, acquired through the acquisition of NuCoal Mining (Pty) Limited in January 2010, currently processes approximately 2.5Mtpa of saleable coal for domestic and export markets. The Woestalleen Complex also incorporates three beneficiation plants with a total processing capacity of 350,000 run-of-mine (ROM) feed tonnes per month. CoAL`s Vele Colliery commenced production in Q1 2012. During the initial phase, the operation is targeting 2.7 Mtpa ROM production to produce 1.0Mtpa of saleable coking coal. The Makhado Project, CoAL`s flagship project in the Soutpansberg coalfield, is well into the feasibility stage, with a Definitive Feasibility Study having been reviewed by the CoAL Board in March 2012. An application for a New Order Mining Right for the Makhado Project was submitted in January 2011. In May 2012, CoAL acquired the Chapudi coal project and several other coal exploration properties in the Soutpansberg coal basin in South Africa, subsequently renamed the Greater Soutspansberg Project, from the previous owners, including Rio Tinto. The Greater Soutpansberg Project is a consolidation of nine potential coking and thermal coal assets grouped into three proximate regions, namely Mopane, Makhado and Chapudi. The acquisition of these assets strengthens Coal of Africa`s position as one of the most substantial holders of prospecting and mining rights for coking coal in South Africa`s Soutpansberg coalfield. Date: 22/06/2012 17:02:39 Supplied by www.sharenet.co.za Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.
