OPT - Optimum Coal Holdings Limited - Salient dates and times18 Mar 2010
JSE
OPT                                                                             
OPT - Optimum Coal Holdings Limited - Salient dates and times                   
Optimum Coal Holdings Limited                                                   
(formerly known as Optimum Coal Holdings (Proprietary) Limited)                 
(incorporated in the Republic of South Africa)                                  
(Registration Number: 2006/007799/06)                                           
JSE share code: OPT      ISIN: ZAE000144663                                     
("Optimum Coal" or the "Company" or the "Issuer")                               
Further to the announcement released on SENS on 11 March 2010 regarding an offer
for sale of and subscription in Optimum Coal ordinary shares (the "Offer"),     
interested investors are advised that the bookbuild and offer process will close
at 17:00 (Central African Time) on Tuesday, 23 March 2010. Any investor wishing 
to participate in the bookbuild process and Offer must ensure that they have    
provided an indication of their interest to the bookrunners or a duly completed 
application form by 17:00 (Central African Time) on Tuesday, 23 March 2010. The 
following table provides the expected dates of certain important steps related  
to the Offer:                                                                   
Salient dates and times                                                         
                                               2010                             
Opening date of the Offer at 09:00 on           Thursday, 11 March              
Publication of the prospectus                   Thursday, 11 March              
Last date for indication of interest for the    Tuesday, 23 March               
purpose of the bookbuild at 17:00 on                                            
Expected closing of the Offer at 17:00 on       Tuesday, 23 March               
Offer price released on SENS                    Wednesday, 24 March             
Offer price published in the press              Thursday, 25 March              
Settlement and proposed listing date on the     Monday, 29 March                
JSE                                                                             
Copies of the prospectus                                                        
The prospectus is only available in English and copies thereof may be obtained  
during normal business hours from Thursday, 11 March 2010 until Monday, 22 March
2010 from the Issuer, Morgan Stanley & Co. International plc, J.P. Morgan       
Equities Limited and Rand Merchant Bank, a division of FirstRand Bank Limited,  
at their respective physical addresses which appear below:                      
The registered office of Optimum   The office of Rand Merchant                  
Coal:                              Bank:                                        
Unit B1003, Marlborough Gate       1 Merchant Place                             
Hyde Park Lane                     Cnr Rivonia Road and Fredman                 
Hyde Park 2196                     Drive                                        
Johannesburg                       Sandton 2196                                 
South Africa                       Johannesburg                                 
                                  South Africa                                  
The office of JP Morgan:           The office of Morgan Stanley:                
1 Fricker Road, corner Hurlingham  25 Cabot Square                              
Road                               Canary Wharf                                 
Illovo                             London E14 4QA                               
Johannesburg, 2196                 United Kingdom                               
South Africa                                                                    
Johannesburg                                                                    
18 March 2010                                                                   
Joint bookrunners and managers                                                  
Morgan Stanley & Co. International plc                                          
J.P. Morgan Equities Limited                                                    
Rand Merchant Bank, a division of FirstRand Bank Limited                        
Sponsor                                                                         
Rand Merchant Bank, a division of FirstRand Bank Limited                        
Date: 18/03/2010 17:38:01 Produced by the JSE SENS Department.                  
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