Reviewed Interim Financial Report – 31 December 2019 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”) ASX: RES 13 March 2020 ASX Release Reviewed Interim Financial Report – 31 December 2019 Shareholders are advised that Resgen submitted to the Companies Announcements Office of the Australian Securities Exchange, its Reviewed Interim Financial Report for the six months ended 31 December 2019. Highlights: – Income increased by 75% to A$180 000 (2018: A$103 000). – Loss per share for the period decreased by 51% to 0.57 cents (2018:1.16 cents). – Headline loss per share decreased by 51% to 0.57 (2018: 1.16 cents). – Net asset reduced by 5% to A$110 712 000 (31 December 2018: A$116 765 000). The auditors, BDO’s review for the half-year financial report has been included in the online version mentioned below and the emphasis of matter reads as follows: “We draw attention to Note 1 in the financial report which describes the events and/or conditions which give rise to the existence of a material uncertainty that may cast significant doubt about the Group’s ability to continue as a going concern and therefore the Group may be unable to realise its assets and discharge its liabilities in the normal course of business. Our conclusion is not modified in respect of this matter.” Shareholders can also view the on-line version on the Company’s website at http://www.resgen.com.au/investors-and-media The JSE link is: https://senspdf.jse.co.za/documents/2020/jse/isse/rsg/Int2020.pdf Resource Generation Limited (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 www.resgen.com.au Short-form announcement The contents of this short-form announcement are the responsibility of the Board of Directors. The information in the short-form announcement is a summary of the full announcement and accordingly does not contain full or complete details. The full announcement is available for inspection at no charge, Monday to Friday, during office hours at the company’s registered office, and on the Company’s website. The information in this announcement has been extracted from the reviewed condensed consolidated interim financial statements for the six months ended 31 December 2019 and the short-form announcement itself has not been reviewed by the Company’s auditors. Any investment decisions by shareholders/investors should be based on the full announcement released to the JSE and published on the Company’s website. JSE Sponsor: Deloitte & Touche Sponsor Services (Pty) Limited Resource Generation Limited (the “Company” or “Resgen”) is an emerging ASX and JSE-listed energy company, currently developing the Boikarabelo Coal Mine (“the mine”) in South Africa’s Waterberg coalfield. The Waterberg coalfield 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 Company’s operating subsidiary Ledjadja Coal, were updated in 2016 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 (BEE) subsidiary 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. PAGE 2 Date: 13-03-2020 02:57:00 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.