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EXX - Exxaro Resources Limited - Exxaro starts Inyanda Mine Construction

Release Date: 29/01/2007 15:35:01      Code(s): EXX
EXX - Exxaro Resources Limited - Exxaro starts Inyanda Mine Construction        
EXXARO RESOURCES LIMITED                                                        
(formerly Kumba Resources Limited)                                              
Incorporated in the Republic of South Africa                                    
(Registration Number:  2000/011076/06)                                          
Share Code:  EXX                                                                
ISIN Number:  ZAE000084992                                                      
("Exxaro" or "the company")                                                     
EXXARO STARTS INYANDA MINE CONSTRUCTION                                         
Diversified resources group Exxaro Resources Limited (Exxaro) has commenced the 
construction programme for its new Inyanda coal mine situated near Witbank in   
Mpumalanga province, with full production expected to be reached during 2008 as 
indicated in the Exxaro competent persons` report published as part of the      
company`s listing documentation on 9 October 2006.                              
The Inyanda mine will produce 1Mtpa of A-grade thermal coal for the export      
market, via Richards Bay Coal Terminal (RBCT), and involves an estimated R245   
million of start-up capital expenditure.                                        
"We have now placed orders for civil work and plant construction and it is all  
systems go to get production underway and to capitalise on the buoyant global   
market for high quality thermal coal," said Ernst Venter, executive general     
manager of Exxaro`s coal division.                                              
Development of the Inyanda mine has been made possible by the granting of new   
order mining rights from the Department of Minerals and Energy, as well as the  
go-ahead of the Phase V expansion of RBCT, late in 2006.                        
Editor`s Note:                                                                  
Exxaro is a diversified resources group with interests in the coal, mineral     
sands, base metals, industrial minerals and iron ore commodities. The group`s   
coal business has a capacity of 45Mtpa and is South Africa`s fourth largest coal
producer. Exxaro is the largest supplier of coal to Eskom for power generation  
and is the country`s largest producer of metallurgical coals.                   
29 January 2007                                                                 
Ernst Venter                                                                    
Executive General Manager: Exxaro Coal                                          
Tel: +27 (0) 12 307 4322                                                        
Mobile: +27 (0) 83 609 1313                                                     
Trevor Arran                                                                    
Executive General Manager: Corporate Affairs & Investor Relations               
Tel: +27 (0) 12 307 3292                                                        
Mobile: +27 (0) 83 609 1444                                                     
JPMorgan Equities Limited                                                       
Date: 29/01/2007 15:35:01 Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department                             .                  

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