Mine Construction Commences / 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”) ASX Release Mine Construction Commences / Debt Finance Update Mine construction activities have commenced at Boikarabelo with the site now classified as an operating mine site. Initial activities encompass site infrastructure, roadworks and water and power connections. Further geotechnical boreholes are also being drilled across the initial mining area. As previously announced, in late December 2012 Resource Generation Limited (the Company) agreed a terms sheet with the mandated group of financiers with respect to the proposed debt facilities to fund the development of the Boikarabelo mine. Due diligence investigations were completed by the independent technical, market, legal and other consultants engaged on behalf of the financiers. Those investigations confirmed the Company’s view that there are no material issues affecting the development or financing of the Boikarabelo mine. The Company continues to assist the financiers with respect to enquiries arising out of their approval processes. The Company does not anticipate any significant delay in the completion of the credit approval process. Sydney 21 February 2013 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. Resource Generation Limited (ACN 059 950 337) www.resgen.com.au Level 12 Chifley Tower, 2 Chifley Square, Sydney NSW 2000 GPO Box 5490, Sydney NSW 2001. Phone +61 2 9376 9000 Fax +61 2 9376 9013 1 Date: 21/02/2013 09:06:00 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.