Waterberg Coal : Appendix 3Z – Final Director’s Interest Notice

NEW ISSUE ANNOUNCEMENTS Appendix 3Z Final Director's Interest Notice

Appendix 3Z Final Director's Interest Notice

Rule 3.19A.3

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 30/9/2001.

Name of entity The Waterberg Coal Company Limited

ABN 64 065 480 453

We (the entity) give ASX the following information under listing rule 3.19A.3 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of director	Mark Craddock
Date of last notice	10 march 2016
Date that director ceased to be director	24 march 2016

Part 1 - Director's relevant interests in securities of which the director is the registered holder

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Note: In the case of a company, interests which come within paragraph (i) of the definition of "notifiable interest of a director" should be disclosed in this part.

Number & class of securities Nil

+ See chapter 19 for defined terms.

11/3/2002 Appendix 3Z Page 1

Appendix 3Z Final Director's Interest Notice

Part 2 - Director's relevant interests in securities of which the director is not the registered holder

Note: In the case of a company, interests which come within paragraph (ii) of the definition of "notifiable interest of a director" should be disclosed in this part.

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Name of holder & nature of interest Note: Provide details of the circumstances giving rise to the relevant interest Mineral Concepts (Pty) Ltd (Inc in South Africa) Mr Craddock is a Director of Mineral Concepts (Pty) Ltd

Number & class of securities 500,000 x 10c Incentive Plan Options expiry 31/12/20 500,000 x 15c Incentive Plan Options expiry 31/12/20 NB: 50% of each class have vested 25% of each class vest on 30 June 2016 25% of each class vest on 31 December 2016

Part 3 - Director's interests in contracts

Detail of contract

Nature of interest

Name of registered holder (if issued securities)

No. and class of securities to which interest relates

Lodged with ASX on 29 March 2016

+ See chapter 19 for defined terms.

Appendix 3Z Page 2 11/3/2002