DIRECTORS DEALING IN SECURITIES WESCOAL HOLDINGS LIMITED (Incorporated in the Republic of South Africa) (Registration number 2005/004794/06) (JSE code: WSL ISIN: ZAE000069639) ("Wescoal" or "the company") DIRECTORS DEALING IN SECURITIES Shareholders are advised that the following directors of Wescoal and Wescoal’s major subsidiaries have accepted share options in terms of the share incentive scheme. In terms of paragraph 3.63 to 3.65 of the JSE Limited Listings Requirements, the following information is disclosed: Name of company Wescoal Holdings Limited Name of director: AR Boje Date of acceptance: 21 August 2012 Nature of transaction: Options granted Number of shares: 1 500 000 Option price: 90 cents Expiry date: tranches of 20% on every anniversary over the next 5 years Type of option: American Class of security: Ordinary Shares Nature of interest: Direct Beneficial Clearance obtained: Yes Name of company Wescoal Holdings Limited Name of director: P J van Rensburg Date of acceptance: 21 August 2012 Nature of transaction: Options granted Number of shares: 240 000 Option price: 90 cents Expiry date: tranches of 20% on every anniversary over the next 5 years Type of option: American Class of security: Ordinary Shares Nature of interest: Direct Beneficial Clearance obtained: Yes Name of company Wescoal Mining Proprietary Limited Name of director: M Bartle Date of acceptance: 21 August 2012 Nature of transaction: Options granted Number of shares: 1 000 000 Option price: 90 cents Expiry date: tranches of 20% on every anniversary over the next 5 years Type of option: American Class of security: Ordinary Shares Nature of interest: Direct Beneficial Clearance obtained: Yes Name of company Chandler Coal Proprietary Limited Name of director: G Botha Date of acceptance: 21 August 2012 Nature of transaction: Options granted Number of shares: 200 000 Option price: 90 cents Expiry date: tranches of 20% on every anniversary over the next 5 years Type of option: American Class of security: Ordinary Shares Nature of interest: Direct Beneficial Clearance obtained: Yes Name of company Chandler Coal Proprietary Limited Name of director: G Coetzee Date of acceptance: 21 August 2012 Nature of transaction: Options granted Number of shares: 480 000 Option price: 90 cents Expiry date: tranches of 20% on every anniversary over the next 5 years Type of option: American Class of security: Ordinary Shares Nature of interest: Direct Beneficial Clearance obtained: Yes Name of company Chandler Coal Proprietary Limited Name of director: P Andrew Date of acceptance: 21 August 2012 Nature of transaction: Options granted Number of shares: 500 000 Option price: 90 cents Expiry date: tranches of 20% on every anniversary over the next 5 years Type of option: American Class of security: Ordinary Shares Nature of interest: Direct Beneficial Clearance obtained: Yes Shareholders will be advised once the above options have been exercised. 22 August 2012 Johannesburg Sponsors Exchange Sponsors Date: 22/08/2012 10:31:00 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.