RESOURCE GENERATION LIMITED - Boikarabelo Coal Mine Project Debt Finance Update

Boikarabelo Coal Mine Project Debt Finance Update

Resource Generation Limited
Registered in Australia under the Corporations Act, 2001 (Cth) with registration number ACN: 059 950 337
ISIN: AU000000RES1
Share Code on the ASX: RES
Share Code on the JSE: RSG
("Resgen" or the “Company”)                                                                                                


Boikarabelo Coal Mine
Project Debt Finance Update


Resource Generation has moved a step closer to financing its Boikarabelo coal mine. The
Company has been working with six South African and global banks and other financiers
(the “Financiers”) mandated to provide project debt finance for the construction of the
mine and has now agreed a terms sheet with the Financiers.

The Financiers are working towards initiating their credit processes in January 2013. The
Company will continue to work with the Financiers to obtain a binding offer of finance as
soon as possible in the New Year.

Sydney
21 December 2012

JSE Sponsor:
Macquarie First South Capital (Proprietary) Limited


Contacts
Paul Jury, Managing Director on (02) 9376 9000 or
Steve Matthews, Company Secretary on (02) 9376 9000


Media enquiries
Anthony Tregoning (02) 8264 1000

Resource Generation is developing the Boikarabelo coal mine in the Waterberg
region of South Africa where there are probable reserves of 744.8 million tonnes of
coal on 35% of the tenements under its control. Stage 1 of the mine development
targets saleable coal production of 6 million tonnes per annum.






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