End of 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 ("Petmin" or the “Company") 25 October 2013 END OF INDUSTRIAL ACTION AT PETMIN’S SOMKHELE ANTHRACITE MINE Shareholders are advised that an agreement has been reached to end industrial action at Petmin’s Somkhele anthracite mine in KwaZulu-Natal. Negotiations with union representatives resulted in a two year settlement, which was agreed by workers on Thursday 24 October. Workers will be returning to work on Monday, 28 October, and mining and processing activities will return to normal. The strike lasted 37 days and had a limited impact on production at Somkhele. During the industrial action, volunteer workers kept Somkhele’s three wash plants running and shipments of product continued to both domestic and export customers. Under the terms of a two-year agreement, a wage increase of 8% was agreed for 2013/14 for Somkhele’s lowest-paid workers, with a further 7.5% increase for 2014/15. Other pay grades received negotiated increases of 5.5% to 7%. It was further agreed to create forums in order to improve performance and productivity. Enquiries: Petmin Bradley Doig +27 11 706 1644 Media Jonathon Rees +27 76 185 1827 Johannesburg 25 October 2013 Sponsor and Corporate Advisor River Group Date: 25/10/2013 09:35:00 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.