Notice To Shareholders And Cautionary Statement HWANGE COLLIERY COMPANY LIMITED (Incorporated in Zimbabwe under registration number 381/1954) ZSE Share Code: HCCL.ZW ISIN: ZW0009011934 JSE Share Code: HWA ISIN: ZW0009011934 LSE Share Code: HWA ISIN: ZW0009011934 Notice To Shareholders And Cautionary Statement Debt Management Plan The Directors of Hwange Colliery Company Limited wish to advise all shareholders that in an Order dated the 1st of June 2016, the High Court under case number HC5016/16 granted the Company leave to convene meetings for secured and concurrent creditors under the Chairmanship of Mr Andrew Lawson to consider, and if deemed fit, agree to, with or without modification, a Scheme of Arrangement proposed by the Company. It is envisaged that the meetings will be held on 14 July 2016 at Chapman Golf Club, 1 Henry Chapman Road, Eastlea, Harare, Zimbabwe, at 1000hrs. The date is dependent on all the necessary requirements having been put in place, failing which, authority for variation of the dates shall be sought from the High Court. Further Cautionary Further to the previous cautionary announcements relating to the Company being engaged in discussions that may lead to transactions which may have an impact on the share price, Shareholders are advised that discussions referred therein are still in progress. In the interim, the Company is engaging its creditors in order to come up with a mutually acceptable debt management plan. Pending finalisation of these discussions, Shareholders and members of the Public are advised to exercise caution when dealing in the Company’s shares and to consult their professional advisers before dealing in the Company’s shares. By order of the Board A. MASIYA HEAD, LEGAL & COMPANY SECRETARY (ACTING) Johannesburg Sponsor: Sasfin Capital (A Division of Sasfin Bank Limited) Financial Advisor CBZ Holdings Sponsoring Broker Banc ABC Legal Advisors Mawere Sibanda 28 June 2016 Johannesburg Directors: W Chitando (Chairman), S T Makore (Managing Director), W T Kutekwatekwa, N Masuku, J Muskwe, V Vera www.hwangecolliery.net Date: 28/06/2016 08:00:00 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.