Despatch of the Notice of Meeting Resource Generation Limited Registration number ACN 059 950 337 (Incorporated and registered in Australia) ISIN: AU000000RES1 Share Code on the ASX: RES Share Code on the JSE: RSG (“Resgen” or the “Company”) 30 October 2018 ASX Announcement 2018 AGM Despatch of the Notice of Meeting Resource Generation Limited (ASX:RES) (Resgen or Company) is pleased to announce that it has today despatched the Notice of Meeting for the Annual General Meeting to be held at 10am (Brisbane time) on Friday 30 November 2018 at the office of Minter Ellison, Level 22, Waterfront Place, 1 Eagle Street, Brisbane, Qld 4000. Shareholders can also view the on-line version on the Company’s website at http://www.resgen.com.au/investors-and-media/announcements/2018 Retirement of a Non-Executive Director Peter Watson who was appointed as a director on 22 November 2017, to fill a casual vacancy, has advised the Board that he does not wish to stand for election due to competing demands on his time. Peter has been a valuable contributor to Board discussions and has been actively involved as Chair of the Remuneration Committee and a member of the Audit Committee. The Board would like to thank him for his contribution and wish him well in his future endeavours. Peter will retire from the Board at the conclusion of the Annual General Meeting. The Nomination Committee has commenced a process of identifying a suitably experienced replacement to the Board to ensure compliance with the Corporations Act 2001 requirement for a public company to have two Australian resident shareholders. Change of Auditor Resource Generation Australia (ACN 059 950 337) c/o Level 1, 17 Station Road, Indooroopilly, QLD, 4068 GPO Box 126, Albion QLD 4010. Phone +27 (011) 010 6310 Fax +27 (086) 539 3792 Directors: Lulamile Xate (Chairman), Robert Croll, Dr. Konji Sebati, Colin Gilligan, Leapeetswe Molotsane, Manish Dahiya, Peter Watson www.resgen.com.au Acting CEO: Leapeetswe Molotsane Company secretary: Mike Meintjes In July 2018, the Company conducted a tender process for the statutory audit of Resource Generation Limited and its subsidiaries. BDO Audit Pty Ltd was selected by the Audit Committee as the preferred tenderer based principally on their approach, experience in the sector and their financial proposal. The Board has approved the recommendation of the Audit Committee and approval for the change is in the process of being obtained from the Australian Securities and Investment Commission (ASIC). In accordance with section 327C of the Corporations Act 2001 and subject to receipt of the ASIC approval, a resolution will be placed before Shareholders at the 2018 Annual General Meeting to ratify the appointment of BDO Audit Pty Ltd. Lulamile Xate Chairman For and on behalf of the Board About Resgen: Resource Generation Limited (Resgen) is an emerging ASX and JSE-listed energy company, currently developing the Boikarabelo Coal Mine in South Africa’s Waterberg region. The Waterberg accounts for around 40% of the country’s currently known coal resources. The Coal Resources and Coal Reserves for the Boikarabelo Coal Mine, held through the operating subsidiary Ledjadja Coal, were recently updated based upon a new mine plan and execution strategy. The Boikarabelo Coal Resources total 995Mt and the Coal Reserves total 267Mt applying the JORC Code 2012 (ASX Announcement :23 January 2017- In accordance with Listing Rule 5.23.2 the Company confirms that it is not aware of any new information that would impact on the Reported Coal Resources and Coal Reserves). Stage 1 of the mine development targets saleable coal production of 6 million tonnes per annum. Ledjadja Coal is a Black Economic Empowerment subsidiary (BEE) operating under South Africa’s Broad-based Black Economic Empowerment Act, Section 9(5): Codes of Good Practice. ResGen’s primary shareholders are the Public Investment Corporation of South Africa (PIC), Noble Group and Altius Investment Holdings. For further information please contact: Mike Meintjes, Company Secretary on mmeintjes@resgen.com.au or +61 413 706 143 Media enquiries: South Africa: Marion Brower on +27 11 880 3924 JSE Sponsor: Deloitte & Touche Sponsor Services (Pty) Limited PAGE 2 ME_154211345_1 Date: 30/10/2018 12:15:00 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.