Wescoal Mining CEO transition WESCOAL HOLDINGS LIMITED Incorporated in the Republic of South Africa (Registration number 2005/006913/06) Share code: WSL ISIN: ZAE000069639 (“Wescoal” or "the Company") WESCOAL MINING CEO TRANSITION Wescoal has appointed Thivha Tshithavhane as Chief Executive Officer of its subsidiary Wescoal Mining with effect from 1st April 2017. Thivha has headed up the Group’s mining strategy and business development portfolio for the past 12 months. He is a Chemical Engineer with operational, process design and project management experience in the mineral processing industry spanning over 13 years. Thivha remains an Executive Director of Wescoal. Outgoing Wescoal Mining CEO Dutch Botes will continue with the company heading up identified growth projects. He will continue to add considerable experience to the planning and implementation of the Company’s expansion initiatives. Wescoal Holdings CEO Waheed Sulaiman says the change of leadership in the mining division is in line with the company’s planned succession and transformation strategy. “Dutch has contributed greatly to Wescoal’s success and will continue to play a role in our growth going forward.” Johannesburg 4 April 2017 Sponsor Nedbank Corporate and Investment Banking IR Advisor Singular Systems IR Date: 04/04/2017 12:36:00 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.