Results 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") RESULTS OF ANNUAL GENERAL MEETING Wescoal shareholders are advised that the voting results for the annual general meeting of Wescoal held at the registered offices of the Company on 9 November 2016 were as follows: Resolution Number of Percentage For** Against** Abstained* ordinary of ordinary % % % shares shares in voted issue* % Ordinary Resolution 1 : Re-election of directors 1.1 To re-elect Mr. RM Ramaite 129 073 873 54.33921 99.97641 0.02359 0.04313 1.2 To re-elect Dr. MH Mathe 129 073 873 54.33921 99.99965 0.00035 0.04313 Ordinary Resolutoin 2 : Election of directors 2.1 To elect Mr. Thiva Tshithavhane 129 065 303 54.33560 99.96475 0.03525 0.04673 2.2 To elect Mr. Bothwell Mazarura 129 065 303 54.33560 99.92542 0.07458 0.04673 Ordinary Resolution 3: Appointment of Audit and Risk Committee members 3.1 Mr JG Pansegrouw 129 084 738 54.34379 100 0 0.03855 3.2 Ms KM Maroga 129 084 498 54.34368 99.89019 0.10981 0.03865 3.3 Ms DMT van Gaalen 129 084 738 54.34379 99.99965 0.00035 0.03855 Ordinary Resolution 4 : Appointment 129 093 308 54.34739 100 0 0.03494 of external auditors Ordinary Resolution 5 : Control of 116 581 808 49.08014 99.98713 0.01287 5.30220 authorised but unissued share capital Ordinary Resolution 6 : Remuneration 129 042 849 54.32615 99.98140 0.01860 0.05619 policy Ordinary Resolution 7 : General 116 571 808 49.07593 99.98713 0.01287 5.30641 authority to issue shares for cash Special Resolution 1 : Non-executive 129 051 089 54.32962 99.98087 0.01913 0.05272 directors’ remuneration Special Resolution 2 : Financial 129 083 498 54.34326 99.98644 0.01356 0.03907 assistance Special Resolution 3 : General approval 116 579 238 49.07906 100 0 5.30328 to repurchase Company shares Special Resolution 4 : Adoption of new 129 036 998 54.32369 100 0 0.05865 MoI * Based on 237 533 578 shares in issue at the date of the annual general meeting. ** In relation to the total number of shares voted at the annual general meeting. Based on the above voting results, all resolutions were passed by the requisite majority of Wescoal shareholders present in person or represented by proxy at the annual general meeting. Johannesburg 10 November 2016 Sponsor Nedbank Corporate and Investment Banking Date: 10/11/2016 07:50:00 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.