COAL OF AFRICA LIMITED - Director's Dealings

Director's Dealings

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                                                                                    1 April 2014


Director Share Purchase


Coal of Africa Limited (the “Company”) advises that it was informed on 1 April 2014, that David Brown,
Executive Director and Chief Executive Officer of the Company acquired 75,000 shares at an average price of
R0.79 (4.44 pence) on 31 March 2014. Following this acquisition Mr Brown is now the beneficial owner of
325,000 shares representing 0.03% of the Company’s issued share capital.




For more information contact:
David Brown                        Chief Executive Officer         Coal of Africa                  +27 10 003 8000
Michael Meeser                     Chief Financial Officer         Coal of Africa                  +27 10 003 8000
Celeste Harris                     Investor Relations              Coal of Africa                  +27 10 003 8038
Tony Bevan                         Company Secretary               Endeavour Corporate Services    +61 8 9316 9100

Company advisors:
Jos Simson/Emily Fenton            Financial PR (United Kingdom)     Tavistock                       +44 20 7920 3150
Chris Sim/Jeremy Ellis             Nominated Adviser                 Investec Bank plc               +44 20 7597 5970
Charmane Russell/Jane Kamau        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 /MbeuYashu, including CoAL’s Makhado Project
(coking and thermal coal).

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