PTMN Petmin

TIDMPTMN

RNS Number : 4835N

Petmin Limited

28 September 2012

PETMIN LIMITED

Incorporated in the Republic of South Africa

Registration Number 1972/001062/06

Share Code JSE: PET & ISIN: ZAE000076014

Share Code AIM: PTMN

("Petmin" or "the Company")

Unprotected strike by contractor employees at Somkhele Mine

Shareholders are advised that approximately 345 workers employed by Sandton Plant Hire ("SPH"), the opencast contractor at Petmin'swholly-owned subsidiary, Tendele Coal Mining (Pty) Limited, the operator of the Somkhele mine in KwaZulu-Natal,South Africa, have embarked on an unprotected strike as contemplated in Section 68 of the South African Labour Relations Act, 66 of 1995.

SPH management is in discussions with striking workers and union representatives, and has urged workers to return to work and pursue their grievances through recognised negotiating channels.

A court interdict has been obtained by SPH declaring the conduct of the striking workers unlawful, allowing SPH to take all necessary legal steps required to resolve the situation. As a result of striking workers not having returned to work by 12h00 Central African Time (11h00 British Standard Time), today, 28 September 2012, SPH under the interdict obtained may take disciplinary action against striking workers, which stepsmay include dismissal. In addition, contempt of court proceedings may be brought by SPH.

Somkhele mine management is working with SPH management and union representatives to find a speedy and amicable solution that will allow for operations at the mine to return to normal as soon as possible.

Somkhele Mine has sufficient stock to supply the majority of its clients for the foreseeable future.

Updates on the unprotected strike action will be released on the Securities Exchange News Service and tothe Regulatory News Service.

Enquiries:

Petmin

011 706 1644

www.petmin.co.za

Media enquiries

Jonathon Rees +27 76 185 1827

Jonathon@proofcommunication.com

Nominated Adviser and Broker (AIM)

Macquarie Capital (Europe) Limited

Nicholas Harland, Steve Baldwin

+44 20 3037 2369

Sponsor and Corporate Advisor (JSE)

River Group

Andrew Lianos +27 83 4408 365

Johannesburg

28 September 2012

This information is provided by RNS

The company news service from the London Stock Exchange

END

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