Published: 02 August 2017

HWANGE COLLIERY COMPANY LIMITED
(Incorporated in Zimbabwe under registration number 381/1954)
ZSE Share Code: HCCL.ZW ISIN: ZW0009011934
JSE Share Code: HWA ISIN: ZW0009011934
LSE Share Code: HWA ISIN: ZW0009011934
(Hwange')

Scheme of Arrangement and Withdrawal of Cautionary

Pursuant to the previous cautionary statements published by the Company in connection with its proposed Creditors' Scheme of Arrangement ('the transaction'), Hwange Colliery Company Limited ('the Company') advises that the transaction has been concluded and the cautionary is withdrawn.

The Company notifies all its stakeholders that the Creditors' Scheme of Arrangement meeting was held at Chapman Golf Club, Harare on Wednesday 26th April 2017. The outcome of the meeting shall be published in due course by the Chairman of the Scheme, Mr A. Lawson.

The Company shall also publish a press statement related to the transaction now closed.

By order of the Board

A. MASIYA
HEAD, LEGAL & COMPANY SECRETARY

2 August 2017
Zimbabwe

Sponsor: Sasfin Capital (a member of the Sasfin Group)
- HWA