Further Cautionary Announcement and Update on Voluntary Suspension The Waterberg Coal Company Limited (Incorporated in Australia) (Registration number ABN 64 065 480 453) ASX: WCC | JSE: WCC | ISIN: AU000000WCC9 (“WCC” or “the Company”) Further Cautionary Announcement and Update on Voluntary Suspension Shareholders are referred to the Company’s announcements regarding the voluntary suspension of its securities on the Australian Stock Exchange and the JSE Limited (“JSE”), released on the Stock Exchange News Service (“SENS”) of the JSE on 20 November and 18 December 2015, respectively and the further cautionary announcement and update on the Company’s voluntary suspension released on SENS on 11 January 2016 (“the Cautionary Announcement”). Shareholders are advised that further to the Company’s request to the ASX for the extension of the voluntary suspension as announced on SENS on 18 December 2015, the Company’s securities remain under voluntary suspension. A further announcement will be released should there be any change to the status of the Company’s securities. Shareholders are advised that the Cautionary Announcement is herewith renewed and a further announcement in this regard will be released in due course. Stephen Miller Director & MD The Waterberg Coal Company Limited 22 February 2016 JSE Sponsor: The Standard Bank of South Africa Limited Registered office: Level 2, 1 Walker Avenue, West Perth, Western Australia 6005 Australia Tel:+61 8 9485 0888 Fax: +61 8 9485 0077 South African office: Level 1, The Place, 1 Sandton Dr, Sandton, 2146 South Africa Tel: +27 10 594 2240 Fax: +27 10 594 2253 Contact: Mr Stephen Miller Executive Director and MD Tel: +27 10 594 2240 or +61 8 9385 0888 Or Investor relations in South Africa: Lawrie Mackintosh Tel: +27 10 594 2240 E-mail: info@waterbergcoal.com.au Directors: Dr Mathews Phosa (Chairman) Stephen Miller (Executive Director and MD) Lee Boyd (Director and Company Secretary) Date: 22/02/2016 11:45:00 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.