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Exx - Exxaro - Trading Statement

Release Date: 24/07/2007 16:45:01      Code(s): EXX
EXX - Exxaro - Trading Statement                                                
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 STATEMENT                                                               
Shareholders are advised that Exxaro Resources Limited ("Exxaro") will          
release its reviewed financial results for the six-month period ended 30        
June 2007 on or about 16 August 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 six-month period ended 30 June 2007 are not           
comparable with earnings reported for the corresponding period in 2006.         
Earnings for the six-month period ended 30 June 2006 include the                
consolidation of Sishen Iron Ore Company (Pty) Ltd ("SIOC") for the entire      
six-month period and exclude the consolidation of Eyesizwe Coal (Pty) Ltd       
("Eyesizwe"). For the six-month period ended 30 June 2007, Eyesizwe Coal        
(Pty) Ltd has been consolidated for the entire period while Exxaro`s 20%        
interest in SIOC has been equity accounted. The Namakwa Sands business and      
a 26% interest in Black Mountain/Gamsberg which Exxaro will acquire on          
conversion and subsequent approval of cession of the respective mining          
rights are also not included in the results for the six-month period ended      
30 June 2007.                                                                   
Attributable earnings and headline earnings for the six-month period ended      
30 June 2007 are expected to be between R815 million and R855 million.          
Attributable earnings per share and headline earnings per share are             
expected to be between 232 and 258 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 six-month period ended 30 June 2007     
will include comparative unaudited supplementary financial information for      
the six-month period ended 30 June 2006 solely for information purposes.        
24 July 2007                                                                    
Sponsor: J.P.Morgan Equities                                                    
Date: 24/07/2007 16:45:01 Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department                             .                  



                                        
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