Results of annual general meeting WESCOAL HOLDINGS LIMITED Incorporated in the Republic of South Africa (Registration number 2005/006913/06) Share code: WSL ISIN: ZAE000069639 (“Wescoal” or "the Company") RESULTS OF ANNUAL GENERAL MEETING Wescoal shareholders are advised that the voting results for the annual general meeting of Wescoal held at the registered offices of the Company on 13 November 2015 were as follows: Resolution Number of Percentage For** Against** Abstained*** ordinary of ordinary % % % shares shares in voted issue* % Ordinary Resolution 1 : Re-election of directors 1.1 To re-elect Ms KM Maroga 147 465 960 71.53338 62.84821 37.15179 0.03660 1.2 To re-elect Mr JG Pansegrouw 147 465 960 71.53338 100.00000 - 0.03660 Ordinary Resolutoin 2 : Election of directors 2.1 To elect Mr W Sulaiman 147 465 960 71.53338 100.00000 - 0.03660 2.2 To elect Mr I van der Walt 147 465 960 71.53338 100.00000 - 0.03660 Ordinary Resolution 3: Appointment of Audit and Risk Committee members 3.1 Mr JG Pansegrouw 147 465 960 71.53338 100.00000 - 0.03660 3.2 Ms KM Maroga 147 465 960 71.53338 62.84957 37.15043 0.03660 3.3 Ms DMT van Gaalen 147 465 960 71.53338 66.24018 33.75982 0.03660 Ordinary Resolution 4 : Appointment 147 465 960 71.53338 99.99661 0.00339 0.03660 of external auditors Ordinary Resolution 5 : Control of 147 465 960 71.53338 62.84618 37.15382 0.03660 authorised but unissued share capital Ordinary Resolution 6 : General 147 465 960 71.53338 62.86156 37.13844 0.03660 authority to issue shares for cash Ordinary Resolution 7 : Remuneration 147 465 960 71.53338 66.23679 33.76321 0.03660 policy Special Resolution 1 : Non-executive 147 465 960 71.53338 71.18709 28.81291 0.03660 directors’ remuneration Special Resolution 2 : To authorise 147 465 960 71.53338 99.99661 0.00339 0.03660 inter-company loans Special Resolution 3 : General approval 147 465 960 71.53338 62.84618 37.15382 0.03660 to repurchase Company shares * Based on 206 149 846 shares in issue at the date of the annual general meeting. ** In relation to the total number of shares voted at the annual general meeting. *** In relation to the total number of shares in issue at the date of the annual general meeting. Based on the above voting results, all resolutions, except for Ordinary Resolution 6, Special Resolution 1 and Special Resolution 3, were passed by the requisite majority of Wescoal shareholders present in person or represented by proxy at the annual general meeting. Johannesburg 13 November 2015 Sponsor Nedbank Corporate and Investment Banking Date: 13/11/2015 12:57:00 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.