SUBSCRIBER NOTE: Platts to discontinue China Coal Index - Thermal

Effective July 31, 2015, Platts will cease publication of its China Coal Index - Physical Thermal Coal Benchmark Prices, the suite of Chinese domestic-market thermal coal price assessments launched in October 2013, June 2014 and June 2015 in conjunction with Fenwei Energy. This discontinuation applies to the following daily assessments, listed by Market Data codes, and published on page 1 of Coal Trader International, and page GCA 810 and GCA 820 of Platts' Global Coal Alert.

CODE Description CITQH10 Thermal Coal Platts-Fenwei CCI 1 FOB Qinhuangdao 5500 kcal/kg NAR 7-45 Day Yuan/mt COXPM00 Thermal Coal Platts-Fenwei CCI 2 FOB Qinhuangdao 5000 kcal/kg NAR 7-45 day Yuan/mt COXPP00 Thermal Coal Platts-Fenwei CCI 7 CFR South China 4700 kcal/kg NAR 15-60 day $/mt CAPFB00 Thermal Coal Platts-Fenwei CCI 7 CFR S China 4700 NAR 30-60 Day (VAT) Yuan/mt CITSC00 Thermal Coal Platts-Fenwei CCI 8 CFR S.China 5500 kcal/kg NAR 15-60 Day Yuan/mt CAPFA00 Thermal Coal Platts-Fenwei CCI 8 CFR S China 5500 NAR 15-60 Day (Duty&VAT) Yuan/mt

Additionally, this discontinuation also affects the following codes representing the currency conversion related to these assessments: CODE Description CITQH00 Thermal Coal Platts-Fenwei CCI 1 FOB Qinhuangdao 5500 kcal/kg NAR 7-45 Day $/mt COXPN00 Thermal Coal Platts-Fenwei CCI 2 FOB Qinhuangdao 5000 kcal/kg NAR 7-45 day $/mt COXPO00 Thermal Coal Platts-Fenwei CCI 7 CFR South China 4700 kcal/kg NAR 15-60 day Yuan/mt CITSC10 Thermal Coal Platts-Fenwei CCI 8 CFR S.China 5500 kcal/kg NAR 15-60 Day Yuan/mt

This discontinuation also affects the following Market Data monthly averages, the last publication for which will be the month of July 2015:

CODE Description

CITQH03 Thermal Coal Platts-Fenwei CCI 1 FOB Qinhuangdao 5500 kcal/kg NAR 7-45 Day $/mt MAvg CITQH04 China Coal Index daily thermal coal FOB Qinhuangdao 5500 kcal/kg NAR $/mt QAvg CITQH13 Thermal Coal Platts-Fenwei CCI 1 FOB Qinhuangdao 5500 kcal/kg NAR 7-45 Day Yuan/mt MAvg CITQH14 Thermal Coal Platts-Fenwei CCI 1 FOB Qinhuangdao 5500 kcal/kg NAR 7-45 Day Yuan/mt QAvg COXPN03 Thermal Coal Platts-Fenwei CCI 2 FOB Qinhuangdao 5000 kcal/kg NAR 7-45 day $/mt MAvg COXPN04 Thermal Coal Platts-Fenwei CCI 2 FOB Qinhuangdao 5000 kcal/kg NAR 7-45 day $/mt QAvg COXPM03 Thermal Coal Platts-Fenwei CCI 2 FOB Qinhuangdao 5000 kcal/kg NAR 7-45 day Yuan/mt MAvg COXPM04 Thermal Coal Platts-Fenwei CCI 2 FOB Qinhuangdao 5000 kcal/kg NAR 7-45 day Yuan/mt QAvg COXPP03 Thermal Coal Platts-Fenwei CCI 7 CFR South China 4700 kcal/kg NAR 30-60 day $/mt MAvg COXPP04 Thermal Coal Platts-Fenwei CCI 7 CFR South China 4700 kcal/kg NAR 30-60 day $/mt QAvg COXPO03 Thermal Coal Platts-Fenwei CCI 7 CFR South China 4700 kcal/kg NAR 30-60 day Yuan/mt MAvg COXPO04 Thermal Coal Platts-Fenwei CCI 7 CFR South China 4700 kcal/kg NAR 30-60 day Yuan/mt QAvg CAPFB03 Thermal Coal Platts-Fenwei CCI 7 CFR S China 4700 NAR 30-60 Day (VAT) Yuan/mt MAvg CAPFB05 Thermal Coal Platts-Fenwei CCI 7 CFR S China 4700 NAR 30-60 Day (VAT) Yuan/mt QAvg CITSC03 Thermal Coal Platts-Fenwei CCI 8 CFR S.China 5500 kcal/kg NAR 15-60 Day $/mt MAvg CITSC04 Thermal Coal Platts-Fenwei CCI 8 CFR S.China 5500 kcal/kg NAR 15-60 Day $/mt QAvg CITSC13 Thermal Coal Platts-Fenwei CCI 8 CFR S.China 5500 kcal/kg NAR 15-60 Day Yuan/mt MAvg CITSC14 Thermal Coal Platts-Fenwei CCI 8 CFR S.China 5500 kcal/kg NAR 15-60 Day Yuan/mt QAvg CAPFA03 Thermal Coal Platts-Fenwei CCI 8 CFR S China 5500 NAR 15-60 Day (Duty&VAT) Yuan/mt MAvg CAPFA05 Thermal Coal Platts-Fenwei CCI 8 CFR S China 5500 NAR 15-60 Day (Duty&VAT) Yuan/mt QAvg

Platts regrets any inconvenience this local-China price series discontinuation may cause.

Please note, however, that this is in no way affects Platts commitment to coverage of the domestic-China or seaborne thermal coal markets.

For the aforementioned affected markets, subscribers can continue to reference Platts global benchmarks including, but not exclusive to, Platts Daily CFR South China 5,500 kcal/kg NAR [AAVSZ00] and Platts Daily FOB Qinhuangdao 5,500 kcal/kg NAR [AAVTN00] assessments launched in March 2013.

Any further questions or feedback should be directed to james.oconnell@platts.com, and pricegroup@platts.com.