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Matola Corridor Derailment update
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
11 April 2013
Matola Corridor Derailment update
Further to the announcement of 28 February, Coal of Africa Limited ("the Company" or "CoAL") advises that Transnet
Freight Rail has indicated certain supplementary work is required on the rail corridor prior to full re-opening of the line.
This work is expected to be completed within two weeks, at which time rolling stock should be redeployed onto the
corridor.
Depending on the resumption of rail services, the Company anticipates that exports will resume during May 2013. The
force majeure declared by CoAL will remain in effect until the rail system has reached its normal operating capacity.
The production at both Mooiplaats and Woestalleen was marginally impacted by the derailment with 100% of the
Mooiplaats thermal product channeled to the domestic market. The Woestalleen export product has been stockpiled to
enable immediate supply subsequent to the reopening of the line. Production at Vele has been suspended as detailed
in the Company’s earlier announcement. The full impact of the force majeure will be determined by the end of the
current quarter and disclosed accordingly.
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 Services +61 08 9316 9100
Company advisors:
Chris Sim/Neil Elliot Nominated Adviser Investec Bank plc +44 20 7597 5970
Jos Simson/Emily Fenton Financial PR (United Kingdom) Tavistock +44 20 7920 3150
Charmane Russell/James Duncan Financial PR (South Africa) Russell & Associates +27 11 880 3924 or
+27 82 372 5816
Investec Bank Limited is the nominated JSE Sponsor
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).
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
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
Company Registration: ACN 008 905388
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: 11/04/2013 07:05:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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