Posting of Integrated Annual Report, No Change Statement and Notice 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") Posting of Integrated Annual Report, No Change Statement and Notice of Annual General Meeting Integrated Annual Report Shareholders are advised that the full Integrated Annual Report (IAR) is available on the Company’s website at www.wescoal.com. Shareholders wishing to obtain a printed copy of the IAR can contact: Vikesh Dhanooklal Company Secretary +27 11 049 8611 or vikesh@wescoal.com. This follows the SENS release on 2 June 2016 of Wescoal’s reviewed condensed consolidated results for the financial year ending 31 March 2016 (“reviewed results”). The annual financial statements forming part of the Integrated Annual Report (“audited results”) contain no material modifications to Wescoal’s reviewed results. In completing the audited results it was necessary to effect a reallocation of R5.8 million between current liabilities (Trade and other payables) and current assets (Trade and other receivables). The quantum and nature of the reallocation is assessed to be inconsequential as it is contained within net current liabilities (i.e no change to working capital), equates to 1% of current liabilities and does not affect the financial outcomes, position or performance ratios of the business. Reviewed results Audited results Change R’000 R’000 R’000 Trade and other receivables 231 401 225 601 (5 800) Trade and other payables (278 377) (272 577) 5 800 Annual General Meeting The Annual General Meeting of shareholders of Wescoal will be held at the Company’s registered offices, Building 10, Woodmead Business Park, 142 Western Service road, Woodmead, South Africa, on Wednesday, 9th of November 2016 at 10:00 to transact the business as stated in the notice of the Annual General Meeting forming part of the IAR. The date for shareholders to be recorded on the securities register of the Company in order to be able to attend, participate and vote at the Annual General Meeting is Friday, 4th of November 2016. 28 September 2016 Sponsor Nedbank Corporate and Investment Banking Date: 28/09/2016 05:13:00 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.