EXX - Exxaro Resources Limited - Trading of Exxaro ordinary shares on           
behalf of the Exxaro Resources Limited share appreciation rights scheme         
2006                                                                            
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")                                                                      
TRADING OF EXXARO ORDINARY SHARES ON BEHALF OF THE EXXARO RESOURCES             
LIMITED SHARE APPRECIATION RIGHTS SCHEME 2006 ("SAR SCHEME")                    
The SAR Scheme purchased Exxaro ordinary shares through on-market trades        
to fulfil its obligations towards participants in the SAR Scheme, as            
follows:                                                                        
11 November 2011:        1,655 shares at R176.09 per share                      
                        701 shares at R177.77 per share                         
                        198 shares at R178.25 per share                         
Clearance has been obtained in terms of paragraph 3.66 of the JSE               
Listings Requirements.                                                          
CH WESSELS                                                                      
GROUP COMPANY SECRETARY                                                         
Pretoria                                                                        
14 November 2011                                                                
Sponsor                                                                         
Deutsche Securities (SA) (Proprietary) Limited                                  
Date: 14/11/2011 15:54:01 Supplied by www.sharenet.co.za                     
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