Fatality at Vanggatfontein Mine WESCOAL HOLDINGS LIMITED Incorporated in the Republic of South Africa (Registration number 2005/006913/06) Share code: WSL ISIN: ZAE000069639 (“Wescoal” or the “Company”) Fatality at Vanggatfontein Mine Wescoal regrets to report that an employee belonging to Stefanutti Stocks Mining Services (a division of Stefanutti Stocks Proprietary Limited) (“SSMS”), the mining contractor at Vanggatfontein Mine, succumbed to his injuries following a vehicle incident that occurred at the mine during the night shift of Monday, 17 June 2019. “Wescoal and SSMS are saddened by the loss of one of our colleagues and wish to express our deepest and sincerest condolences to the deceased employee’s family, friends and colleagues,” said Reginald Demana, Wescoal Chief Executive Officer. Wescoal and SSMS remain committed to the safety of all workers and the objective of zero harm. To understand the circumstances of this incident, an investigation involving the Department of Mineral Resources is currently underway. Wescoal and SSMS are jointly providing support and assistance to the family and all involved during this difficult time. 18 June 2019 Investment bank, corporate advisor and sponsor Nedbank Corporate and Investment Banking Investor Relations Singular Systems Date: 18/06/2019 03:47:00 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.