Cautionary announcement re BEE transaction South African Coal Mining Holdings Limited (Incorporated in the Republic of South Africa) Registration number 1994/009012/06 Share code: SAH ISIN: ZAE000102034 (SACMH or the company) CAUTIONARY ANNOUNCEMENT RE BEE TRANSACTION Shareholders are referred to the announcements made on 7 November 2011 and 30 March 2012, in which it was inter alia stated that the company intended to commence a process to reinstate its BEE shareholding. JSW Energy Natural Resources South Africa (Pty) Limited (JSW), the majority shareholder of the company, has commenced a formal process to find a suitable BEE shareholder. A number of potential acquirers expressed firm interest to acquire a minimum strategic interest in SACMH from JSW. A number of prospective bidders were shortlisted by JSW, signed confidentiality undertakings and are engaged in a process which will result in the submission of binding offers. Mine visits were also undertaken. Final offers are due during the month of September. If JSWs negotiations with one of these parties are successful, it may have an impact on the price of the companys securities. Accordingly, shareholders are advised to exercise caution when dealing in the companys securities. 6 September 2012 Johannesburg Sponsor: Exchange Sponsors 1 Date: 06/09/2012 02:00:00 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.