COAL OF AFRICA LIMITED - NOTICE ISSUED UNDER SECTION 708A(5)(E) OF THE CORPORATIONS ACT 2001 (CTH)

NOTICE ISSUED UNDER SECTION 708A(5)(E) OF THE CORPORATIONS ACT 2001 (CTH)

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")

ANNOUNCEMENT
4 February 2013

              NOTICE ISSUED UNDER SECTION 708A(5)(E) OF THE CORPORATIONS ACT 2001 (CTH)

Further to the General Meeting of Shareholders held on 25 January 2013, Coal of Africa Limited ("CoAL" or the
"Company") advises that it has issued 197,934,063 fully paid ordinary shares in the Company (“Shares”), pursuant to
the Subscription Agreement between the Company and Haohua Energy International (Hong Kong) Resource Co.
Limited.

Application has been made for the Shares to be admitted to trading on the AIM market of the London Stock Exchange
(“AIM”). Admission to trading on AIM is expected to become effective on or around 7 February 2013. The Shares will
rank pari passu with the Company’s existing ordinary shares of nil par value. Application for quotation of the Shares
will also be made to the Australian Securities Exchange (“ASX”) and the Main Board of the JSE Limited.

Following Admission there will be 1,048,368,613 shares in issue.

In accordance with the requirements of section 708A(6) Corporations Act 2001 (Cth) (Corporations Act), CoAL
notifies ASX that:

a)     the Shares were issued without disclosure to investors under Part 6D.2 of the Corporations Act;

b)     this notice is being given under section 708A(5)(e) of the Corporations Act;

c)     as at the date of this notice, CoAL has complied with:

       i) the provisions of chapter 2M of the Corporations Act (other than section 319 in relation to a financial year
          ended in the calendar year 2004) as they apply to CoAL; and

       ii) section 674 of the Corporations Act; and

d)     as at the date of this notice, there is no information that is “excluded information” required to be set out in this
       notice by virtue of sections 708A(7) and 708A(8) of the Corporations Act.

AUTHORISED BY:

John Wallington
Chief Executive Officer
For more information contact:
David Brown                          Chairman                          Coal of Africa                  +27 11 575 4363
John Wallington                      Chief Executive Officer           Coal of Africa                  +27 11 575 4363
Sakhile Ndlovu                       Investor Relations                Coal of Africa                  +27 11 575 6858
Tony Bevan                           Company Secretary                 Endeavour Corporate             +61 89 316 9100
Company advisors:
Jos Simson/Emily Fenton                  Financial PR (United Kingdom)        Tavistock                         +44 20 7920 3150
Chris Sim/Neil Elliot                    Nominated Adviser                    Investec Bank plc                 +44 20 7597 5970
Robert Smith                             Nominated Adviser                    Investec Bank Limited             +27 11 286 7000
Charmane Russell/James Duncan            Financial PR (South Africa)          Russell & Associates              +27 11 880 3924
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).




               AU: Suite 8,7 The Esplanade, Mt Pleasant, Perth WA 6153, Australia, Tel: +61 8 9316 9100, Fax: +61 8 9315 5475, Email: perth@coalofafrica.com ACN 008 905388
  ZA: 2nd Floor, Gabba Building, The Campus, 57 Sloane Street, Bryanston, Johannesburg, South Africa 2021, Tel: +27 11 575 4363, Fax: +27 11 576 7484, Email: adminza@coalofafrica.co.za
                                 UK: 5th Floor, 33 St. James’s Street, London, SW1A 1HD, United Kingdom, Tel: +44 (0) 20 7839 8840, Fax: +44 (0) 20 7004 0959


                                          David H. Brown - Chairman, John N. Wallington - Chief executive officer, Professor N. A. Nevhutanda - Corporate affairs director
                                            Non-executive directors: Peter G. Cordin, Khomotso B. Mosehla , Dave J. K. Murray, Bernard R. Pryor, Rudolph H. Torlage

Date: 04/02/2013 07:05:00 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.