Source: Winsway                Date: 21 October, 2010

Winsway Singapore, a directly wholly owned subsidiary of Winsway Coking Coal Holdings Limited, and SouthGobi Sands LLC have entered into two agreements which took effect from October 15. These will allow Winsway to buy an aggregate of up to 1.2 million tons of semi-soft coking coal from SoutGobi to be delivered within the last quarter of 2010, and then to deliver it to end users specified by SouthGobi. The two companies are also discussing long-term cooperation.