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Exx - Exxaro Resources Limited - Trading Update

Release Date: 12/02/2007 16:20:05      Code(s): EXX
EXX - Exxaro Resources Limited - Trading Update                                 
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")                                                     
TRADING UPDATE                                                                  
Shareholders are advised that Exxaro Resources Limited ("Exxaro" - formerly     
Kumba Resources Limited) will release its audited financial results for the 12- 
month period ended 31 December 2006 on or about 22 February 2007.               
Due to the unbundling of Kumba Iron Ore Limited ("KIO") and the empowerment     
transaction that resulted in the creation of Exxaro in the fourth quarter of    
2006, earnings for the 12 months to 31 December 2006 are not comparable with    
earnings reported for the corresponding period in 2005. Earnings for the 12-    
month period to 31 December 2006 include the consolidation of Sishen Iron Ore   
Company (Pty) Ltd ("SIOC") for only 10 months to 31 October 2006 and Eyesizwe   
Coal (Pty) Ltd for only two months to 31 December 2006. Exxaro`s 20% interest in
SIOC has been equity accounted for the two months to 31 December 2006.          
Attributable earnings for the 12 months to 31 December 2006 are expected to be  
between R17.5 billion and R20.5 billion.  This includes the non-recurring       
accounting entries to give effect to the empowerment transaction as disclosed in
the circular to shareholders dated 9 October 2006 and the post tax impairment of
the carrying value of the assets of the local mineral sands assets reported in  
the release of the 2006 interim results.                                        
Headline earnings which exclude the impact of the impairment and the non-       
recurring unbundling interest in KIO as a dividend in specie at fair value, are 
expected to be in the range of R1 450 million and R1 750 million with headline  
earnings per share between 450 and 550 cents.                                   
The financial information in this trading statement has not been reviewed or    
reported on by Exxaro`s auditors.                                               
The announcement of the results for the 12 months ended 31 December 2006 will   
include comparative unaudited supplementary financial information for the 12-   
month periods ended 31 December 2005 and 2006 solely for information purposes on
the assumption that the empowerment transaction had been implemented on 1       
January 2005.                                                                   
Enquiries:                                                                      
Trevor Arran                                                                    
Executive General Manager: Corporate Affairs & Investor Relations               
Tel: +27 12 307 3292                                                            
Mobile: +27 83 609 1444                                                         
Sponsor                                                                         
JPMorgan Equities Limited                                                       
Date: 12/02/2007 16:20:04 Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department                             .                  



                                        
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