Operational and trading update Wescoal Limited (Incorporated in the Republic of South Africa) (Registration number: 2005/006913/06) (JSE code: WSL ISIN: ZAE000069639) (“Wescoal” or “the company”) Operational and trading update 1) Operational update Wescoal Mining has produced 895 185 tons of coal for the six months ended 30 September 2013, a 39% increase compared to the prior period (2012: 643 486 tons). The Trading division sold 217 831 tons for the six months ended 30 September 2013, a 13% decrease compared to the prior period (2012: 250 127). The Intibane Colliery is now fully operational and management is confident that current production volumes can be maintained for the next six months. 2) Trading update In terms of paragraph 3.4 (b) of the JSE Limited ("JSE") Listings Requirements, companies are required to publish a trading statement as soon as they become reasonably certain that the financial results for the period to be reported on will differ by more than 20% from the previous corresponding period. Accordingly, a review of the financial results for the six months ended 30 September 2013 by management has indicated that the earnings per share and headline earnings per share are expected to increase by more than 20% when compared to those reported for the previous corresponding period. At this time, Wescoal is unable to quantify, with reasonable certainty, the expected headline earnings per share ("HEPS") or earnings per share ("EPS") for the six months ended 30 September 2013. A further trading statement will be published once the company has more certainty with regards to its financial results for the six months ended 30 September 2013. The financial information on which this trading statement is based has not been reviewed or reported on by Wescoal`s auditors. The Company`s financial results for the six months ended 30 September 2013 are expected to be released on 4 November 2013. Johannesburg 11 October 2013 Sponsors Exchange Sponsors Date: 11/10/2013 09:56:00 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.