TIDMCZA

RNS Number : 5989C

Coal of Africa Limited

20 January 2015

ANNOUNCEMENT 20 January 2015

Holdings in Company

Coal of Africa Limited (the "Company") was notified on 19 January 2015 by TMM Holdings (Pty) Ltd ("TMM") that as at 18 December 2014, TMM held a total of 136,000,000 ordinary shares of nil par value each in the Company, representing 8.51 per cent of the Company's issued share capital at that date. These shares were acquired as part of the 2 Stage Placement, announced on 26 August 2014, at a price of 5.5 pence.

Further details on the holding are available on the Company's website: http://www.coalofafrica.com

AUTHORISED BY:

Tony Bevan

Company Secretary

For more information contact:

 
                   Chief Executive 
 David Brown        Officer              Coal of Africa         +27 10 003 8000 
                   Chief Financial 
 Michael Meeser     Officer              Coal of Africa         +27 10 003 8000 
 Celeste Harris    Investor Relations    Coal of Africa         +27 10 003 8000 
                                         Endeavour Corporate    +61 08 9316 
 Tony Bevan        Company Secretary      Services               9100 
 

Company advisors:

 
                                  Financial PR (United                            +44 20 7920 
 Jos Simson/Emily Fenton           Kingdom)               Tavistock                3150 
 Chris Sim/George Price/Jeremy                            Investec Bank           +44 20 7597 
  Ellis                           Nominated Adviser        plc                     5970 
 Charmane Russell/Jane            Financial PR (South     Russell & Associates    +27 11 880 
  Kamau                            Africa)                                         3924 or 
                                                                                   +27 82 372 
                                                                                   5816 
 

Investec Bank Limited is the nominated JSE Sponsor

About CoAL:

CoAL is an AIM/ASX/JSE listed coal exploration, development and mining company operating in South Africa. CoAL's key projects include the Vele Colliery (coking and thermal coal), the Greater Soutpansberg Project /MbeuYashu, including CoAL's Makhado Project (coking and thermal coal).

This information is provided by RNS

The company news service from the London Stock Exchange

END

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