Results of Annual General Meeting 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 30 November 2015 Results of Annual General Meeting The Directors of the Coal of Africa Limited (the “Company” or “CoAL”) are pleased to announce that at the Annual General Meeting of Shareholders held on Friday 27 November 2015, the resolutions put to the meeting was passed unanimously by a show of hands. In accordance with ASX Listing Rule 3.13.2 and Section 251AA(2) of the Corporations Act 2001, the Company hereby provides the following information on proxy votes received for each resolution: Proxy For Against Excluded Abstain Discretion RESOLUTION 1 – Adoption of Remuneration Report 1 077 542 686 13 345 109 97 676 1 371 059 315 766 RESOLUTION 2 - Re-election of Director – David Brown 1 089 108 839 3 155 283 97 676 310 498 RESOLUTION 3 - Re-election of Director – Rudolph Torlage 1 092 233 283 18 839 99 676 320 498 RESOLUTION 4 Election of Director – De Wet Schutte 1 088 079 503 4 173 419 97 676 321 698 RESOLUTION 5 – Election of 1 092 233 174 9 748 97 676 331 698 Director – Thabo Mosololi Resolution 6: Election of Director – Andrew Mifflin 1 092 243 157 9 765 97 676 321 698 Resolution 7: Ratification of Shares issued in preceding 12 283 626 683 81 160 97 676 808 546 429 320 348 month period Resolution 8: Ratification of Shares issued in preceding 12 1 092 172 956 81 316 97 676 320 348 month period Resolution 9: Ratification of Shares issued in preceding 12 1 091 056 662 1 197 610 97 676 320 348 month period Resolution 10: Ratification of Options issued in preceding 1 091 056 662 1 197 610 97 676 320 348 12 month period Resolution 11: Approval of Performance Rights Plan 1 082 715 589 9 548 683 97 676 310 348 Resolution 12: Grant of Performance Rights to 1 082 665 433 9 598 839 97 676 310 348 Director – David Brown Resolution 13: Grant of Performance Rights to 1 082 665 433 9 598 839 97 676 310 348 Director – De Wet Schutte Resolution 14: Approval of Potential Termination Benefits under Performance Rights 1 081 547 339 10 706 933 97 676 320 348 Plan Resolution 15: Approval to Issue Options to Non- 1 073 300 387 17 592 826 97 676 1 371 059 310 348 Executive Director – Peter Cordin Resolution 16: Approval to Issue Options to Non- 1 074 671 463 17 592 809 97 676 310 348 Executive Director – Khomotso Mosehla Resolution 17: Approval to 1 074 671 446 17 592 826 97 676 310 348 Issue Options to Non- Executive Director – Bernard Pryor Resolution 18: Approval to Issue Securities to Non- 1 074 671 446 17 592 826 97 676 310 348 Executive Director – Andrew Mifflin Resolution 19: Approval to Issue Options to Non- 1 074 671 463 17 592 809 97 676 310 348 Executive Director – Thabo Mosololi AUTHORISED BY: Tony Bevan Company Secretary For more information contact: David Brown Chief Executive Officer Coal of Africa +27 10 003 8000 De Wet Schutte Chief Financial Officer Coal of Africa +27 10 003 8000 Celeste Riekert Investor Relations Coal of Africa +27 10 003 8000 Tony Bevan Company Secretary Endeavour Corporate Services +61 08 9316 9100 Company advisors: Jos Simson/Emily Fenton Financial PR (United Kingdom) Tavistock +44 20 7920 3150 Matthew Armitt/Ross Allister Nominated Adviser and Broker Peel Hunt LLP +44 20 7418 8900 Charmane Russell/Olwen Auret 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). AU: Coal of Africa Limited, Suite 8, 7 The Esplanade, Mount Pleasant, Perth WA 6153, Australia, Tel: +61 8 9316 9100, Fax: +61 8 9316 5475 ZA: South Block, Summercon Office Park, Cnr Rockery Lane and Sunset Avenue, Lonehill, 2191, Tel: +27 10 003 8000 Fax: +27 11 388 8333 Email: adminza@coalofafrica.com Bernard R. Pryor – Chairman, David H. Brown – Chief Executive Officer, De Wet O Schutte Non-executive directors: Peter G. Cordin, Andrew D Mifflin, Khomotso B. Mosehla ,Thabo F Mosololi, Rudolph H. Torlage Date: 30/11/2015 10:15:00 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.