Change of Registered Office and Company Secretary

ANNOUNCEMENT 12 December 2012

Appointment of Company Secretary and Change of Registered Office

Coal of Africa Limited ("the Company" or "CoAL") is pleased to advise that it has appointed Mr Tony Bevan as Company Secretary, effective today.

Mr Bevan works with Endeavour Corporate Pty Ltd, the company engaged to provide contract company secretarial and accounting and administration services to CoAL following the closure of its Perth office, as part of the Company's drive to reduce overhead costs.

Mr Bevan is a Chartered Accountant with over 25 years' experience and is an experienced company secretary.

The Company would like to thank Ms Shannon Coates, who ceases as Company Secretary today, for her contribution to the Company.

CoAL further advises the closure of its Perth office at Level 1, 173 Mounts Bay Road, Perth, effectively immediately. The Company's new registered office details are as follows:

Suite 8, 7 The Esplanade

Mt Pleasant WA 6153

Telephone: +61 8 9316 9100

Fax: +61 8 9315 5475

Email: perth@coalofafrica.com

Authorised by

JOHN WALLINGTON

Chief Executive Officer

12 December 2012

For more information contact:

Company advisors:

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, including CoAL's Makhado Project (coking coal) and the Mooiplaats and Woestalleen Collieries (both thermal coal).