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EXX - Exxaro Resources Limited - News Release

Release Date: 07/03/2008 14:45:37      Code(s): EXX
EXX - Exxaro Resources Limited - News Release                                   
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")                                                     
NEWS RELEASE                                                                    
KZN SANDS - FURNACE INCIDENT                                                    
Diversified resources group Exxaro Resources Limited (Exxaro) regrets to        
report that a water ingress incident has resulted in substantial damage to      
Furnace 2 at the KZN Sands Empangeni central processing complex.                
No one was injured during the incident. The incident and extent of the          
resultant damage is the subject of a detailed investigation at present.         
The incident has resulted in Furnace 2 being shut down. As communicated on      
21 February 2008, Furnace 2 was due for a scheduled maintenance shut            
beginning in June 2008. The incident will require this planned four month       
shut to be brought forward. Preliminary estimates suggest that the repairs      
to the furnace will increase the total downtime by a further four months,       
including a one month ramp-up period.                                           
Although Furnace 1 is fully operational, the outage at Furnace 2 is             
expected to result in significant lower production of both slag and low         
manganese pig iron in 2008 when compared to the 2007 financial year.            
7 March 2008                                                                    
Sponsor - JP Morgan Equities                                                    
Editor`s Note:                                                                  
Exxaro is a diversified resources group with interests in the coal, mineral     
sands, base metals, industrial minerals and iron ore commodities.               
Trevor Arran                                                                    
General Manager: Corporate Affairs & Investor Relations                         
Tel: +27 (0) 12 307 3292                                                        
Mobile: +27 (0) 83 609 1444                                                     
Date: 07/03/2008 14:45:37 Supplied by www.sharenet.co.za                     
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