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Thu 17 Jul 2014, 13:10 THE WATERBERG COAL COMPANY LTD - The Waterberg Coal Project - Production target clarification
WCC 201407170025A
The Waterberg Coal Project - Production target clarification

                              The Waterberg Coal Company Limited
                               (formerly Range River Gold Limited)
                                    (Incorporated in Australia)
                            (Registration number ABN 64 065 480 453)
                           ASX: WCC | JSE: WCC | ISIN: AU000000WCC9
                                    (“WCC” or “the Company”)


THE WATERBERG COAL PROJECT – PRODUCTION TARGET Clarification

The Waterberg Coal Company Ltd (Company) refers to the recent announcement of 4th July 2014
“Appointment of EPC Contractor for the Waterberg Coal Project”. That announcement erroneously
made reference to a “DFS” (Definitive Feasibility Study) instead of a “BFS” (Bankable Feasibility
Study).

For clarification purposes the Company wishes to refer to its ASX release of 24 October 2013
“Substantial JORC Resource Expansion Highlights World Class Coal Project” where the Bankable
Feasibility Study was referred to and also to ASX release of 24 February 2014 “Feasibility Study
Delivered to Eskom and Final Burn Test Nearing Completion” which provided supportive detail in
terms of Listing Rule 5. The Company wishes to confirm that all material assumptions as stated in the
aforesaid announcements continue to apply and have not materially changed.

17 July 2014

JSE Sponsor
The Standard Bank of South Africa Limited

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