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Kendal Colliery March 2009

Overburden bed prior to blasting in the Stormers Pit
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The Kendal processing plant as viewed from the top of the Tipp
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Trucks at the Kendal Colliery loading with washed coal product
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Operations teams busy in the new box cut in the Cheetah block
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The new tip nearly completed -- Mar 2009
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Overburden drilling in the Cheetahs block
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Improvement at the Kendal weighbridge
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Machines busy opening the box cut in the Cheetahs Block
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Kendal Colliery

Kendal processing plant June 2008
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Homeland Energy CEO, Steve Coates, starting the processing plant for the first time - June 2008
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Processing both the run-of-mine and washed products at the Kendal Plant
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Kendal plant during construction phase
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Full production at Kendal expected to be 150,000 tonnes per month
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Eskom's Kendal Power Station is approximately 3km from Homeland's Kendal Colliery
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Moving surface material during the intial stages of the first boxcut at Kendal
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Hilton Papenfus, Kendal Mine Manager
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Media, analysts and investors visit Kendal June 2008
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Commissioning of the plant began in May 2008 - first production in July 2008
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Analysts and investors from South Africa, UK and North America see Kendal in final development stage June 2008
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Washed product at Kendal Colliery
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Eskom's Kendal Power Station adjacent to Homeland's Kendal Colliery
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Crushed material for processing at Kendal
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Aubrey Leeuw, Mike Nell, Hilton Papenfus and Steve Coates at the Kendal Colliery
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Raw material entering the Kendal plant
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Loading Kendal coal for shipping to local domestic market
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Kendal Colliery Opening Ceremonies - October 1, 2008

Media, employees and guests tour the Kendal mining areas
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Chief Operating Officer, Mike Nell, thanked employees, contractors and business partners for their efforts in putting Kendal into production
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Kendal grand opening ceremonies held on-site for 200 employees and guests
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Homeland's Business Development (India) vice president (l) and Norwest consultant Derek Loveday (r)
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Homeland CEO Steve Coates and VP Business Development (Africa), Reeboh Mandela, at Kendal's opening ceremonies
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South Africa's Deputy Director General of the Department of Minerals & Energy, Ms. Futhi Zikalala (l), addressed the gathering on behalf of the Minister of Energy & Minerals, Her Excellency, Hon. Bulyewa Sonjica. Aubrey Leeuw, Leeuw Mining (r)
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Northfield Environmental Project, Natal Region, South Africa

Northfield site reclamation project - approx. 1 million tonnes of coking coal waste from 1940's mining operation
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A simple truck and shovel operation for Homeland
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Northfield's slurry dump contains significant amount of carbon material for brick-making and other industrial use
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Eloff Mining Project, Mpumalanga Province, South Africa

12,000 metres of drilling evaluated for Eloff's resource estimation of 452 million tonnes (measured indicated) thermal coal
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Eloff's mining licence application was made in April 2008 with an anticipated 12-18 month process to approval
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