Appendix 3B

Rule 2.7, 3.10.3, 3.10.4, 3.10.5

New issue announcement, application for quotation of additional securities and agreement

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX's property and may be made public.

Introduced 01/07/96 Origin: Appendix 5 Amended 01/07/98, 01/09/99, 01/07/00, 30/09/01, 11/03/02, 01/01/03, 24/10/05, 01/08/12, 04/03/13

Name of entity

Whitehaven Coal Limited

ABN

68 124 425 396

We (the entity) give ASX the following information.

Part 1 - All issues

You must complete the relevant sections (attach sheets if there is not enough space).

  1. 2014 MTI Performance Share Rights with a vesting date of 30 June 2016 - vested (with shares transferred) or lapsed

  2. 2013 LTI Performance Share Rights with a vesting date of 30 June 2016 - lapsed

  3. 2015 STI Performance Share Rights with a vesting date of 13 August 2016 - vested (with shares transferred to those holders who have exercised their Performance Share Rights)

  4. 2015 STI Performance Share Rights with a vesting date of August 2017 or prior - vested (with shares transferred to those holders who have exercised their Performance Share Rights)

1 +Class of +securities issued or to be issued

  1. 2014 MTI Performance Share Rights with a vesting date of 30 June 2016

    1. 507,373 Performance Share Rights vested (with shares purchased on market)

    2. 597,112 Performance Share Rights lapsed

    3. 2013 LTI Performance Share Rights with a vesting date of 30 June 2016

      1. All 1,048,202 Performance Share Rights lapsed due to the performance condition not being met

      2. 2015 STI Performance Share Rights with a vesting date of 13 August 2016

        1. All 482,068 Performance Share Rights vested

        2. 165,307 of these vested Performance Share Rights were exercised (with shares purchased on market)

        3. 2015 STI Performance Share Rights with a vesting date of August 2017 or prior

          1. All 221,855 Performance Share Rights vested

          2. 51,794 of these vested Performance Share Rights were exercised (with shares purchased on market)

            3. 2Number of +securities issued or to be issued (if known) or maximum number which may be issued

            1. 2014 MTI Performance Share Rights with a vesting date of 30 June 2016

              1. Vesting of 507,373 of these MTI Performance Share Rights has occurred. One ordinary fully paid share was acquired for each Performance Share Right that vested. Shares for this vesting of Performance Share Rights were purchased on market by the Whitehaven Coal Limited Equity Incentive Plan Trust.

                No new shares were issued

              2. Lapse of 597,112 Performance Share Rights has occurred

              3. 2013 LTI Performance Share Rights with a vesting date of 30 June 2016

                1. Lapse of all of these 1,048,202 LTI Performance Share Rights has occurred

                2. 2015 STI Performance Share Rights with a vesting date of 13 August 2016

                  1. Vesting of all 482,068 of these STI Performance Share Rights has occurred

                  2. One ordinary fully paid share was acquired for each of the 165,307 vested Performance Share Rights that have been exercised. Shares to satisfy exercise of these Performance Share Rights were purchased on market by the Whitehaven Coal Limited Equity Incentive Plan Trust. No new shares were issued

                  3. Vested Performance Share Rights expire on 13 August 2025

                  4. STI Performance Share Rights with a vesting date of August 2017 or prior

                    1. Vesting of all 221,855 of these STI Performance Share Rights has occurred

                    2. One ordinary fully paid share was acquired for each of the 51,794 vested Performance Share Rights that have been exercised. Shares to satisfy exercise of these Performance Share Rights were purchased on market by the Whitehaven Coal Limited Equity

                      3. 3 Principal terms of the +securities (e.g. if options, exercise price and expiry date; if partly paid

                      +securities, the amount outstanding and due dates for payment; if

                      +convertible securities, the conversion price and dates for conversion)

                      Incentive Plan Trust. No new shares were issued

                      (c) Vested Performance Share Rights expire on 13 August 2025

                  Whitehaven Coal Limited published this content on 09 September 2016 and is solely responsible for the information contained herein.
                  Distributed by Public, unedited and unaltered, on 11 September 2016 21:50:02 UTC.

                  Original documenthttp://www.whitehavencoal.com.au/investors/docs/12074613-appendix-3b.pdf

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