Erratum in press release - Correction PETMIN LIMITED Incorporated in the Republic of South Africa Registration Number 1972/001062/06 Share Code JSE: PET ISIN: ZAE000076014 ("Petmin" or "the Company") ERRATUM IN PRESS RELEASE - CORRECTION Shareholders are advised that it has come to the management's attention that the press release released yesterday by the company contains a typing error, in that the tonnes produced and sold as outlined in bold below were reported as "m" tonnes instead of "k" tonnes. Somkhele anthracite mine in KwaZulu-Natal Somkhele reported a 6% reduction in tonnes produced of saleable anthracite to 637k tonnes (2014: 678k tonnes), with a 6% drop to 621k tonnes sold (2014: 660k). The reduced production was due to geological conditions in the mining areas which affected the quality and sizing of run-of-mine material. Production and sales during the period remain above the benchmark 1,2 million tonnes metallurgical anthracite capacity of Somkhele. Somkhele also produces an energy coal from discard. Tonnes produced in the six months to end- December 2015 were down 8% to 157k tonnes (2014: 171k) and sales down 12% to 237k (2014: 269k). The company wishes to apologise for any confusion this may have caused. Petmin Bradley Doig +27 11 706 1644 Media Jonathon Rees +27 76 185 1827 Sponsor and Corporate Advisor River Group Johannesburg 8 March 2016 Date: 08/03/2016 11:40:00 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.