Information Required Under ASX Listing Rule 3.10.5A The Waterberg Coal Company Limited (formerly Range River Gold Limited) (Incorporated in Australia) (Registration number ABN 64 065 480 453) ASX: WCC | JSE: WCC | ISIN: AU000000WCC9 (“WCC” or “the Company”) 17 March 2014 Company Announcements Office Australian Securities Exchange Limited Exchange Plaza 2 The Esplanade PERTH WA 6000 Via e-lodgement Information Required Under ASX Listing Rule 3.10.5A Further to the Appendix 3B released on 17 March 2014 for the issue of 20,000,000 fully paid ordinary shares, The Waterberg Coal Company Limited (Company) provides the information required under ASX Listing Rule 3.10.5A as follows: a) Dilution to existing shareholders: The dilutive effect of the Placement on existing shareholders is as follows: Placement issue under Listing Rule 7.1 (15,809,999 shares) 5.23% Placement issue under Listing Rule 7.1A (4,190,001 shares) 1.40% Total Dilution as a result of the Placement 6.63% Further details of the approximate percentage of the issued capital post the Placement held by the pre-placement shareholders and new shareholders are as follows: Pre-placement security holders who did not participate in the placement 100% Pre-placement security holders who did participate in the placement 0% Participants in the placement who were not previously security holders 100% b) The securities were not issued for cash consideration. c) No underwriting arrangements were in place for the placement, and d) The Company paid no fees under the placement. Yours faithfully Jonathan Hart Company Secretary The Waterberg Coal Company Limited JSE Sponsor The Standard Bank of South Africa Limited Date: 17/03/2014 05:16:00 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.