29 November 2011

BISICHI MINING PLC (“Bisichi” or the “Company”)

Disposal of 49% Shareholding in Ezimbokodweni Mining (Pty) Ltd(“Ezimbokodweni”)

Bisichi Mining PLC (‘Bisichi’),the mining company with direct coal mining
operations in South Africa announces that on 24 June 2011 it disposed of its
49% shareholding in Ezimbokodweni Mining (Pty) Ltd(“Ezimbokodweni”)to Hasty
Shelf Trade and Invest 17 (Proprietary) Limited (“HSTI”). Ezimbokodweni has
contracted to purchase the prospecting right in relation to Mineral Area 2 (a
portion of Mineral Area 1) of the farm Geluk 276, Registration Division JS,
Mpumalanga Province, measuring 919.0666 hectares, and the surface rights in
relation to portion 2 of the farm Geluk 276, Registration Division JS,
Mpumalanga Province, measuring 250 hectares, registered under Deed of transfer
number T80810/89 (the “Pegasus” project). The Pegasus project is currently
owned by BHP Billiton Energy Coal South Africa and is an undeveloped export
quality thermal coal deposit, situated 10km from Witbank contiguous to the
Exxaro Inyanda colliery.

The consideration for the sale of the 49% is R54.2million cash payable to
Bisichi Mining PLC, R12.4m of which (plus accrued interest) relates to
repayment of intercompany loans. The sale of the shares is subject to several
conditions precedent including but not limited to:

1. South African Reserve Bank and Exchange Control Approval

2. Ministerial consent from the South African Department of Mineral Resources
in relation to the transfer of the above mentioned prospecting right to

Accordingly, shareholders should note that there is no guarantee that the
transaction will complete. Further information will be provided in due course.

The Company previously recognised the shareholding at a value of £682,000 at 30
June 2011 and recognised a profit/loss of £nil in respect of the six months to
30 June 2011.

Should the transaction complete the proceeds will be used for the further
development of the company.

The Company also notes that Wescoal Holdings Limited has reported that it has
conditionally acquired the 51% shareholding in Ezimbokodweni not previously
owned by Bisichi. Further details on this transaction can be found at [http://

For further information please contact: ?

Andrew Heller, Bisichi Mining PLC 020 7415 5030




17 NOVEMBER 2011

Bisichi Mining Plc

Interim Management Statement

Bisichi Mining Plc (Bisichi), the UK mining company with direct coal mining
operations in South Africa, is pleased to provide the following update about
its operations:

The performance and profitability at Black Wattle Colliery (“Black Wattle”),
our direct mining operation in South Africa, has significantly improved in the
second half of 2011.

We are pleased to report the mine’s monthly production in the second half of
2011 to date has increased to an average of 135,000 metric tonnes. This
compares favourably with the average monthly production of 110,000 metric
tonnes achieved in the first half of the year. A further increase in the mine’s
monthly production is scheduled to impact early in 2012.

The demand for Black Wattle’s output remains strong in both the domestic and
export market and we have successfully established a market for a lower quality
product from our reserves which are not capable of producing higher quality
coal. The improved performance by the state rail provider in delivering coal to
our export customers has ensured our stockpiles have remained at acceptable
levels throughout most of 2011.

Finally, income from Bisichi’s UK property portfolio remains steady, with no
significant change from the first half of 2011.

For further information, please call:

Andrew Heller, Bisichi Mining PLC 020 7415 5030