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

Posting of Circular and Notice of General Meeting

Further to the announcement made on 14 March 2012, the General Meeting to be
held on 30 March 2012 at 11 a.m. has been adjourned and will now be held at the
Royal Automobile Club, 89 Pall Mall, London SW1Y 5LP, on 3 April 2012 at 11
a.m. The change of date is as a result of a delay in publication of the
shareholder circular (the “Circular”) containing details of the proposed
disposal of its 49% shareholding in Ezimbokodweni to Hasty Shelf Trade and
Invest 17 (Proprietary) Limited (the “Disposal”). The Circular includes a
Notice of the General Meeting

A copy of the Circular has been submitted to the Financial Services Authority’s
National Storage Mechanism (the “NSM”) and will shortly be available for
inspection online at: www.hemscott.com/nsm.do. Please note that to the extent
the circular dated 14 March 2012 remains available for inspection online at the
NSM, this circular has been superseded by the Circular which is dated 16 March
2012.

Copies of the Circular will also be made available during usual business hours
on any weekday (Saturdays, Sundays and public holidays excepted) at the offices
of Memery Crystal LLP, 44 Southampton Buildings, London WC2A 1AP United Kingdom
and at the registered office of the Company until completion of the Disposal.

Unless otherwise defined, terms used in this announcement have the defined
meaning given to them in the Circular.

For further information please contact:

Andrew Heller, Bisichi Mining PLC 020 7415 5030

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

Posting of Circular and Notice of General Meeting

Further to the announcement made by the Company on 26 January 2012 relating to
the proposed disposal of its 49% shareholding in Ezimbokodweni to Hasty Shelf
Trade and Invest 17 (Proprietary) Limited (“HSTI”) (the “Disposal”), Bisichi
has today published a circular (the “Circular”) containing further details of
the Disposal, including the Notice of the General Meeting to be held at the
Royal Automobile Club, 89 Pall Mall, London SW1Y 5LP, on 30 March 2012 at 11
a.m.

A copy of the Circular has been submitted to the Financial Services Authority’s
National Storage Mechanism and will shortly be available for inspection online
at: www.hemscott.com/nsm.do.

Copies of the Circular will also be made available during usual business hours
on any weekday (Saturdays, Sundays and public holidays excepted) at the offices
of Memery Crystal LLP, 44 Southampton Buildings, London WC2A 1AP United Kingdom
and at the registered office of the Company until completion of the Disposal.

Unless otherwise defined, terms used in this announcement have the defined
meaning given to them in the Circular.

For further information please contact:

Andrew Heller, Bisichi Mining PLC 020 7415 5030

INTERIM MANAGEMENT STATEMENT

FOR IMMEDIATE RELEASE

13 MARCH 2012

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 on its
operations:

In 2012, to date the mine has maintained the average monthly production of
135,000 tonnes which it achieved in the second half of 2011.

The demand for Black Wattle’s output continues to remain strong in both the
domestic and export market. Price increases for the first quarter of 2012 have
been achieved in most of our domestic markets. Coal stockpile levels on the
mine remain low and costs are in line with expectations.

As previously announced on 27 January 2012, we are pleased to report that Black
Wattle has been approved an allocation of 87,500 tonnes of export tonnage at
Richards Bay Coal Terminal. The allocation will allow Black Wattle direct
access to the coal export market.

In addition, income from Bisichi’s UK property portfolio remains steady, with
no significant change.

Finally, as announced on 26 January 2012, the Company has entered into an
agreement to dispose of its 49% shareholding in Ezimbokodweni Mining (Pty) Ltd
(“Ezimbokodweni”) to Hasty Shelf Trade and Invest 17 (Proprietary) Limited (the
“Disposal”). Consideration for the sale is ZAR 54.2million in cash. The
Disposal 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
Ezimbokodweni; and

3. Shareholder approval.

For further information, please call:

Andrew Heller, Bisichi Mining PLC 020 7415 5030