MARCH FY2013 QUARTERLY PRODUCTION REPORT

HIGHLIGHTS

Thousands of tonnes

Quarter Ending YTD

Mar 13 Mar 12 Change Mar 13 Mar 12 Change

ROM Coal Production

- 100% 2,551 1,280 99% 6,826 3,829 78%

Saleable Coal

Production - 100% 2,311 1,044 121% 5,936 3,508 69%

Total Coal Sales

- 100% 2,410 1,419 70% 6,334 4,708 35%

Saleable Coal

Production - Equity

1,842 903 104% 4,823 3,057 58%

Total Coal Sales

- Equity 1,963 1,276 54% 5,288 4,273 24%

HIGHLIGHTS

• Federal Government approval received for Maules Creek Project and secondary approvals in the form of various management plans submitted to agencies for approval prior to commencement of construction. The majority of these plans have been approved, with the remainder awaiting final signoff by agencies.

• State and Federal Government approval received for Tarrawonga Mine Expansion.

• ROM open cut production up 3% from the previous corresponding period, up 11% year to date.

WHC March FY13 quarterly

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MARCH FY2013 QUARTERLY PRODUCTION REPORT

• Narrabri longwall improvements are resulting in record weekly production levels being achieved. Moisture reduction program is ongoing.

• Stage 1 of Operational Review including cost cutting initiatives implemented at

Tarrawonga and Rocglen - production levels at both mines to be maintained.

• Stage 2 of Operational Review involving a continued focus on reducing operating costs at other mines.

• Large Vickery Complex now 100% owned with completion of acquisition of remaining interest in Vickery South Project.

• Weak coal markets and strong AUD$ continue to impact on overall performance.

• CEO and leadership team transition successfully implemented.

• FY2013 ROM production expected to be in line with current broker consensus of 9.0 Mt

(100% basis).

SAFETY

Overall Health and Safety performance has improved for the quarter in comparison to the previous quarter (Q4
2012). The Total Recordable Injury Frequency Rate (TRIFR) has decreased for the Group with significant improvement evident at the Narrabri Underground Operation. Narrabri achieved a 65% reduction in the TRIFR on the previous quarter. There has also been a significant improvement in the Group's Lost Time Injury Frequency Rate (LTIFR) down to 1.53 from 9.12 in the previous quarter.
The Group's behavioural safety observation program continues to show improvement with an increase in the number of observations performed from 241 in October 2012 to 653 in March 2013.

WHC March FY13 quarterly

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MARCH FY2013 QUARTERLY PRODUCTION REPORT

COAL PRODUCTION

Whitehaven's ROM coal production during the March quarter was 2.551 million tonnes (Mt) on a 100% basis, up 99% on the previous corresponding period, with saleable coal production of 2.311 Mt, up 121% on the previous corresponding period.

The significant increase reflects the ongoing ramp up of the Narrabri longwall.

WHITEHAVEN PRODUCTION DATA -­