OREANDA-NEWS. Stepping Down of Acting Board Chairman and Non-Executive Directors.

Hwange Colliery Company Limited announces the stepping down of Mr Jemister Chininga as acting Board Chairman on 13 May 2016 and the stepping down of Messrs Shingirayi Norman Chibanguza and Ian Chamunorwa Haruperi as Non-Executive Directors effective 13 February 2016.

APPOINTMENT OF NEW BOARD CHAIRMAN

Following the stepping down of Mr Jemister Chininga as acting Board Chairman on 13 May 2016, Hwange Colliery Company Limited announces the appointment of Mr Winston Chitando as the new Board Chairman effective 13 May 2016.

APPOINTMENT OF NON-EXECUTIVE DIRECTORS

Hwange Colliery Company Limited announces the appointment of Mr Wenceslaus Tarugarira Kutekwatekwa and Mrs Ntombizodwa Masuku as a Non-Executive Directors of the Company effective 13 May 2016.