General Banking Facility MC Mining Limited Previously Coal of Africa Limited (Incorporated and registered in Australia) Registration number ABN 008 905 388 ISIN AU000000MCM9 JSE share code: MCZ ASX/AIM code: MCM ANNOUNCEMENT 26 JUNE 2018 GENERAL BANKING FACILITY MC Mining Limited (the “Company") is pleased to announce that it has procured a R20 million (twenty million rand) general banking facility (the “Facility”) for its 70% held subsidiary – Uitkomst Colliery (Pty) Limited. The Facility is from Rand Merchant Bank (“RMB”), a division of FirstRand Bank Limited. The Facility is subject to a floating coupon at the South African Prime rate (currently 10.0% per annum) less 0.5% and is a 12-month facility, which will be reviewed annually by RMB. David Brown, MC Mining’s Chief Executive Officer commented: “The Company acquired its stake in Uitkomst on 30 June 2017 and it has proven to be a highly profitable operation, with strong underlying cash flows. Notwithstanding this, a general banking facility will provide Uitkomst with flexibility to temporarily finance sustaining capital to secure its production profile, should this be required. The facility is a further milestone on the strategic journey the Company has embarked on.” AUTHORISED BY: David Brown Chief Executive Officer For more information contact: David Brown Chief Executive MC Mining Limited +27 10 003 8000 Officer Brenda Berlin Chief Financial MC Mining Limited +27 10 003 8000 Officer Tony Bevan Company Secretary Endeavour Corporate +61 08 9316 Services 9100 Company advisors: Jos Simson/ Gareth Financial PR Tavistock +44 20 7920 Tredway (United Kingdom) 3150 Ross Allister/Richard Nominated Adviser Peel Hunt LLP +44 20 7418 Crichton/James and Broker 8900 Bavister Charmane Russell/Olwen Financial PR R&A Strategic +27 11 880 3924 Auret (South Africa) Communications Investec Bank Limited is the nominated JSE Sponsor About MC Mining Limited: MC Mining is an AIM/ASX/JSE listed coal exploration, development and mining company operating in South Africa. MCM’s key projects include the Uitkomst Colliery (metallurgical coal), Makhado Project (coking and thermal coal). Vele Colliery (coking and thermal coal), and the Greater Soutpansberg Projects (MbeuYashu). Date: 26/06/2018 09:00:00 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.