Transnet Freight Rail confirm re-opening of Matola Corridor 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 Transnet Freight Rail confirm re-opening of Matola Corridor Further to the announcement of 11 April 2013 regarding the re-opening of the Matola Corridor, Coal of Africa Limited (the “Company" or "CoAL") advises that Transnet Freight Rail (“TFR”) has now officially confirmed that the line is expected to be re-opened and operational from 19 April 2013. The bridge will be opened after the accreditation process is completed by the Mozambique rail operator, Portos é Caminhos de Ferro de Mozambique engineers. TFR has stated that track repairs will continue for several months whilst the line is operational. The Company still anticipates that exports will resume during May 2013 and the force majeure will remain in effect until the rail system has reached its normal operating capacity. 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 01:00:00 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.