Industrial action at Petmin’s Somkhele Anthracite Mine PETMIN LIMITED Incorporated in the Republic of South Africa Registration Number 1972/001062/06 Share Code JSE: PET & ISIN: ZAE000076014 Share Code AIM: PTMN ("Petmin" or the “Company") 17 September 2013 INDUSTRIAL ACTION AT PETMIN’S SOMKHELE ANTHRACITE MINE Shareholders are advised that approximately 100 workers employed by Tendele Coal Mining (Pty) Ltd (“Tendele”), the operator of Petmin’s Somkhele anthracite mine in KwaZulu-Natal, began industrial action on Monday 16 September 2013, following failure to achieve a settlement in negotiations over wages and employee benefits. The industrial action continued on Tuesday 17 September 2013. Management is negotiating with labour representatives and hopes to resolve the industrial action with a settlement acceptable to all parties. Mining operations at Somkhele continue as normal (on a 24-hour basis) and all three washing plants will continue to run on a 12-hour basis for the duration of the strike. Sufficient stock piles are available to continue delivering on the majority of the contracts. Daytime shipments of anthracite to domestic and export customers are continuing, but have been suspended at night. Tendele has as a result advised one of its export customers that it will reduce the volume to be supplied for a vessel scheduled to load by the end of the week commencing 16 September 2013. Product scheduled for a second export vessel has already been delivered and is not affected by the industrial action. Updates on the industrial action at Somkhele will be released on the Securities Exchange News Service and to the Regulatory News Service. Enquiries: Petmin Bradley Doig +27 11 706 1644 Media Jonathon Rees +27 76 185 1827 Sponsor and Corporate Advisor (JSE) River Group Andrew Lianos +27 834 408 365 Nominated Adviser and Broker (AIM) Macquarie Capital (Europe) Limited Steve Baldwin, Nicholas Harland +44 20 3037 2000 Johannesburg 17 September 2013 Sponsor and Corporate Advisor River Group Date: 17/09/2013 02:45:00 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.