4. February 2015 - General

HMS Bergbau AG: Extended export business through new marketing agreement with IchorCoal N.V.

▲ Coal from IchorCoal Group mines marketed

▲ Delivery handled through Richards Bay Coal Terminal

Berlin, 4. February 2015: HMS Bergbau AG, an international coal supplier with operating know-how of coal mining, transport and trade, announces the expansion of its international coal marketing operations through a new marketing agreement with South African coal miner IchorCoal N.V. This way HMS Bergbau AG continues the existing cooperation with IchorCoal’s majority owned Vunene Mining Pty. Ltd and furthermore gains access to IchorCoal’s other mining opera-tions for export and domestic sales outside Eskom. As established in the prior cooperation export will be handled through the Richards Bay Coal Terminal (RBCT) – the world’s largest coal export terminal.

“The prolongation and extension of the agreement to cover the export marketing of entire IchorCoal group’s mining operations underlines the strength of HMS Bergbau’s position in the international coal market,” said Heinz Schernikau, CEO of HMS Bergbau AG. “I am convinced that the partnership with IchorCoal will continue to be mutually beneficial and satisfying for both parties.”

The Executive Board

About HMS Bergbau AG:

Berlin based HMS Bergbau AG is one of the leading and independent coal trading houses in Germany specialising in international purchase and sale of coal to power plants and other industrial consumers worldwide. HMS is actively expanding its activities to Asia, Africa and Poland and develops first class raw material resources. Moreover HMS takes over complete, full-service transport solutions for their clients. HMS has been listed on Germany’s Frankfurt Stock Exchange (Entry Standard) since December 2008.