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Exx - Exxaro Resources Limited - Update To The Group Financial Results For The

Release Date: 24/02/2011 14:12:01      Code(s): EXX
EXX - Exxaro Resources Limited - Update to the group financial results for the  
year ended 31 December 2010                                                     
Exxaro Resources Limited                                                        
(Incorporated in the Republic of South Africa)                                  
Registration number: 2000/011076/06                                             
JSE Share code: EXX                                                             
ISIN code: ZAE000084992                                                         
ADR code: EXXAY                                                                 
("Exxaro")                                                                      
UPDATE TO THE GROUP FINANCIAL RESULTS FOR THE YEAR ENDED 31 DECEMBER 2010       
Further to the announcement released on SENS earlier today relating to the      
Exxaro Group financial results for the year ended 31 December 2010, Note 11     
"Events after the Reporting Period" states that a final decision will be taken  
by the Exxaro board of directors on the development of the Fairbeeze mine as a  
replacement feedstock producer for the Hillendale mine at KZN Sands in the first
half of 2011.                                                                   
Shareholders are advised that the Fairbreeze project has been approved by the   
Board on 23 February 2011 and construction is expected to start up in Q2 2011,  
subject to normal regulatory and environmental approvals.                       
Pretoria                                                                        
24 February 2011                                                                
Sponsor                                                                         
Deutsche Securities (SA) (Proprietary) Limited                                  
Date: 24/02/2011 14:12:01 Supplied by www.sharenet.co.za                     
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