SAH - South African Coal Mining Holdings Limited - Result of mandatory offer

SAH
SAH                                                                             
SAH - South African Coal Mining Holdings Limited - Result of mandatory offer    
South African Coal Mining Holdings Limited                                      
(Incorporated in the Republic of South Africa)                                  
Registration number 1994/009012/06                                              
Share code: SAH ISIN: ZAE000102034                                              
("SACMH" or "the company")                                                      
-    RESULT OF MANDATORY OFFER                                                  
-    APPLICATION TO LIFT SUSPENSION                                             
-    SRP APPEAL COMMITTEE HEARING                                               
Result of mandatory offer                                                       
Shareholders are referred to the announcement released on SENS on 20 January    
2011 that the mandatory 
offer by JSW Energy Natural Resources South Africa      
(Proprietary) Limited ("the Offeror") to all the remaining shareholders of      
SACMH at 30 cents per share, plus a possible additional amount per share to     
shareholders who accept the offer, under circumstances as set out in            
paragraph 3.2.3 of the offer, was extended to 12:00 on Friday, 18 February      
2011. The offer closed at noon on Friday, 18 February 2011.                     
Shareholders are advised that shareholders holding 137 401 108 SACMH shares     
accepted the offer. Consequently the Offeror now directly and indirectly,       
through its shareholding in Royal Bafokeng Capital, owns 269,163,578 SACMH      
shares, constituting 59.49% of the issued share capital of SACMH.               
Application to lift suspension of shares                                        
On 2 February 2011 the company applied to the JSE for the lifting of the        
suspension of the company`s shares on the JSE. The 
JSE is currently             
considering the application.                                                    
SRP Appeal Committee hearing                                                    
The Securities Regulation Panel ("SRP") Appeal Committee heard the appeal by    
the Offeror against the ruling of the SRP in respect of the offer price on 26   
January 2011. Further written submissions were made by the Offeror on 15        
February 2011. The outcome is awaited.                                          
Monday, 21 February 2011                                                        
Johannesburg                                                                    
Sponsor                                                                         
Exchange Sponsors                                                               
Date: 21/02/2011 17:10:01 Produced by the JSE SENS Department.                  
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