Continental Coal Ltd : Section 708A Notice

3 December 2013

Dear Sir,

On 28 November 2013, Continental Coal Limited ("Company") issued 1,000,000 fully paid ordinary shares in the capital of the Company to Mr Don Turvey as approved by shareholders and pursuant to Mr Turvey's Employment Agreement ("Securities").

The Act restricts the on-sale of securities issued without disclosure, unless the sale is exempt under section 708 or 708A. By the Company giving this notice, sale of the Securities noted above will fall within the exemption in section 708A(5) of the Act.
The Company hereby notifies ASX under paragraph 708A(5)(e) of the Act that:
(a) the Company issued the Securities without disclosure to investors under Part 6D.2 of the Act;
(b) as at 3 December 2013 the Company has complied with the provisions of Chapter 2M of the
Act as they apply to the Company, and section 674 of the Act; and
(c) as at 3 December 2013 there is no information:

i. that has been excluded from a continuous disclosure notice in accordance with the ASX Listing Rules; and

ii. that investors and their professional advisers would reasonably require for the purpose of making an informed assessment of:

A. the assets and liabilities, financial position and performance, profits and losses and prospects of the Company; or

B. the rights and liabilities attaching to the Securities. Yours faithfully

Company Secretary

South Africa Australia

T +27 11 881 1420 F +27 866851186 W www.conticoal.com T +61 8 9389 2111 F +61 8 9389 2199 W www.conticoal.com

9th Floor Fredman Towers, 13 Fredman Drive, Sandton 2196 Ground Floor, 20 Kings Park Road, West Perth, WA 6005

PO Box 787646, Sandton 2146 PO Box 1153, West Perth, WA 6872

Independent Non-Executive Chairman Mike Kilbride Chief Executive Officer Don Turvey Chief Financial Officer Lou van Vuuren

Non-Executive Directors: Johan Bloemsma Ron Chamberlain Connie Molusi Bernard Swanepoel

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