Dealing in securities by company secretary and a director of a major subsidiary WESCOAL HOLDINGS LIMITED Incorporated in the Republic of South Africa (Registration number 2005/006913/06) Share code: WSL ISIN: ZAE000069639 (“Wescoal” or "the Company") Dealing in securities by company secretary and a director of a major subsidiary In terms of paragraphs 3.63 - 3.65 of the JSE Limited Listings Requirements, the following information, relating to the dealing in securities, is disclosed: Name: V Dhanooklal Designation: Company secretary Date of transaction: 25 August 2017 Class of securities: Ordinary shares Number of securities: 15000 Strike price: R1.11 per share Total value: R16 650 Nature of transaction: Exercise of share options in terms of the Wescoal Share Incentive Trust (off market) Extent of interest: Direct beneficial Clearance to deal: Yes Name: HP Botes Designation: Director of Wescoal Mining (Pty) Limited Date of transaction: 25 August 2017 Class of securities: Ordinary shares Number of share options: 1 600 000 Strike price: R0.86 per share Number of share options: 200 000 Strike price: R1.72 per share Total value: R1 720 000 Nature of transaction: Exercise of share options in terms of the Wescoal Share Incentive Trust (off market) Extent of interest: Direct beneficial Clearance to deal: Yes 25 August 2017 Sponsor Nedbank Corporate and Investment Banking Date: 25/08/2017 03:00:00 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.