MCM.L Regulatory News (MCM)

BOARD APPOINTMENTS

MC Mining Limited ("MC Mining", "MCM" or "the Company") is pleased to announce a number of additions to its Board of Directors with immediate effect.

Appointment of Executive Director

As announced on 30 November 2017, Brenda Berlin has joined the Company as Chief Financial Officer ("CFO"). Ms Berlin joins MC Mining from Impala Platinum Holdings Limited ("Implats"), where she held the position of Group CFO. Ms Berlin joined Implats in 2004 and held a number of senior appointments including head of group corporate finance activities until her appointment as CFO in 2011. Ms Berlin is a Chartered Accountant who obtained degrees from the University of the Witwatersrand and completed her articles at PwC South Africa.

Prior to working at Implats, Ms Berlin worked for Johnnic Holdings Limited in the corporate finance department and following its unbundling, remained with JCI Limited ("JCI") assuming responsibility for business development. After leaving JCI she commenced working for Southern Mining Corporation Limited.

Appointment of Non-Executive Director

An Chee Sin will be joining the Company as a Non-Executive Director. Mr Chee Sin is an Accredited Tax Practitioner with the Singapore Institute of Accredited Tax Professionals and is also a Chartered Accountant with the Institute of Singapore Chartered Accountants. He has more than 17 years of extensive experience in international and local corporate taxation.

In 2004, Mr Chee Sin co-founded Pinnacle Tax Services Pte Ltd ("Pinnacle Tax"). Prior to joining Pinnacle Tax he held the position of Director of Corporate Tax with KPMG and has coordinated various advisory projects, including cross-border fund structures, corporate restructurings, treasury and mergers and acquisitions. Mr Chee Sin joins the board as a shareholder nominee for Summer Trees Pte LTD, which holds 9.15% of MC Mining's issued shares.

Appointment of Non-Executive Director

Mr "Brian" He Zhen also joins as a Non-Executive Director of MC Mining. Mr Zhen holds a bachelor's degree in business administration from Sichuan University and is currently Marketing and Public Relations Executive for Pan African Mining Pvt. Ltd. Between 2012 and 2015, he worked as Managing Director of Real Gain Investment Pvt. Ltd and was responsible for infrastructure and construction market development, as well as overseas market investments. Mr Zhen has previously served as Construction Manager for CRI - Eagle Investments (Pty) Ltd and Eagle Canyon Investments (Pty) Ltd. Mr Zhen is joining the board as a shareholder nominee for Yishun Brightrise Investment Pte LTD, which owns 15.20% of the Company.

Bernie Pryor, MCM's Chairman commented:

"The Board welcomes the new directors and looks forward to their contributions toward MC Mining achieving its objectives and vision. Their combined expertise will assist in the development of the Makhado hard coking and thermal coal project, the Uitkomst Colliery and the Greater Soutpansberg Projects, delivering shareholder value from the Company's extensive coal resources."

About MC Mining Limited:

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

Forward-Looking Statements

This Announcement, including information included or incorporated by reference in this Announcement, may contain "forward-looking statements" concerning MC Mining that are subject to risks and uncertainties. Generally, the words "will", "may", "should", "continue", "believes", "expects", "intends", "anticipates" or similar expressions identify forward-looking statements. These forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements. Many of these risks and uncertainties relate to factors that are beyond MCM's ability to control or estimate precisely, such as future market conditions, changes in regulatory environment and the behaviour of other market participants. MCM cannot give any assurance that such forward-looking statements will prove to have been correct. The reader is cautioned not to place undue reliance on these forward looking statements. MCM assumes no obligation and do not undertake any obligation to update or revise publicly any of the forward-looking statements set out herein, whether as a result of new information, future events or otherwise, except to the extent legally required.

Statements of intention

Statements of intention are statements of current intentions only, which may change as new information becomes available or circumstances change.

AIM Rules Compliance

The following information is provided pursuant to Rule 17 and Schedule 2 Paragraph (G) of the AIM Rules for Companies:

Ms Brenda Berlin, aged 53, has been a director or partner of the following companies during the five years preceding the date of this announcement:

Mr An Chee Sin, aged 41, has been a director or partner of the following companies during the five years preceding the date of this announcement:

Mr "Brian" He Zhen, aged 35, has been a director or partner of the following companies during the five years preceding the date of this announcement: