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Exx - Exxaro Resources Limited - Placing Of Exxaro Resources Limited Shares

Release Date: 08/12/2011 08:00:42      Code(s): EXX
EXX - Exxaro Resources Limited - Placing of Exxaro Resources Limited shares     
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")                                                                      
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO
THE UNITED STATES, CANADA, JAPAN OR AUSTRALIA OR ANY JURISDICTION IN WHICH IT   
WOULD BE UNLAWFUL TO DO SO                                                      
Placing of Exxaro Resources Limited (the "Company") shares                      
The Exxaro Employee Empowerment Participation Scheme Trust ("Mpower") announces 
that it has successfully completed the placing of 6 144 402 shares in the       
Company (the "Placing").                                                        
Deutsche Securities (Pty) Ltd acted as Sole Bookrunner in relation to the       
Placing which was completed at a price of ZAR 170.00 before any realisation     
costs.                                                                          
Exxaro will announce further details about the Mpower unwinding and how it will 
impact beneficiaries on 14 December 2011.                                       
IMPORTANT NOTICES                                                               
This announcement is for information purposes only and shall not constitute an  
offer to buy, sell, issue, or subscribe for, or the solicitation of an offer to 
buy, sell, issue, or subscribe for any securities, nor shall there be any sale  
of securities in any jurisdiction in which such offer, solicitation or sale is  
or may be unlawful prior to registration or qualification under the securities  
laws of any such jurisdiction. This announcement has been issued by and is the  
sole responsibility of the Seller.                                              
No representation or warranty, express or implied, is or will be made as to, or 
in relation to, and no responsibility or liability is or will be accepted by    
Deutsche Securities (Pty) Ltd or by any of its affiliates or agents as to, or in
relation to, the accuracy or completeness of this announcement, or any other    
written or oral information made available to or publicly available to any      
interested party or its advisers, and any responsibility or liability therefore 
is expressly disclaimed.                                                        
Members of the public are not eligible to take part in the Placing.             
This announcement is directed only at persons in member states in the European  
Economic Area (the "EEA"), who are qualified investors ("Qualified Investors")  
within the meaning of Article 2(1)(e) of Directive 2003/71/EC (the "Prospectus  
Directive"). In addition, in the United Kingdom, this announcement is directed  
only at Qualified Investors that also (i) have professional experience in       
matters relating to investments falling within Article 19(5) of the Financial   
Services and Markets Act 2000 (Financial Promotion) Order 2005, as amended (the 
"Order") or (ii) who fall within Article 49(2)(a) to (d) of the Order or (iii)  
to whom it may otherwise lawfully be communicated (all such persons together    
being referred to as "relevant persons"). This announcement must not be acted on
or relied on (i) in the United Kingdom, by persons who are not relevant persons 
and (ii) in any member state of the EEA other than the United Kingdom, by       
persons who are not Qualified Investors. Any investment or investment activity  
to which the announcement relates is available only to (i) in the United        
Kingdom, relevant persons and (ii) in any member state of the EEA other than the
United Kingdom, Qualified Investors, and will be engaged in only with such      
persons.                                                                        
This announcement does not itself constitute an offer for sale or subscription  
of any securities in the Company.                                               
Any investment decision to buy shares in the Company must be made solely on the 
basis of publicly available information regarding the Company. Such information 
is not the responsibility of Deutsche Securities (Pty) Ltd and has not been     
independently verified by Deutsche Securities (Pty) Ltd.                        
This announcement is not for distribution, directly or indirectly, in or into   
the United States (such term to be understood throughout this announcement as   
including the United States` territories and possessions, any state of the      
United States and the District of Columbia), Canada, Australia or Japan or any  
jurisdiction into which the same would be unlawful.  This announcement does not 
constitute or form part of an offer or solicitation to acquire shares in the    
capital of the Company in the United States, Canada, Australia or Japan or any  
jurisdiction in which such an offer or solicitation is unlawful.  In particular,
the Shares referred to in this announcement have not been, and will not be,     
registered under the United States Securities Act of 1933 (the "Securities Act")
or under the securities legislation of any state of the United States, and may  
not be offered, sold, resold or delivered, directly or indirectly, in or into   
the United States absent registration except pursuant to an exemption from, or  
in a transaction not subject to, the registration requirements of the Securities
Act.  Subject to exceptions, the Shares referred to in this announcement are    
being offered and sold only outside the United States in accordance with        
Regulation S under the Securities Act. No public offering of securities of the  
Company will be made in connection with the Placing in the United Kingdom, the  
United States, Australia, Canada, Japan, South Africa or elsewhere.             
The relevant clearances have not been, and nor will they be, obtained from the  
securities commission of any province or territory of Canada; no prospectus has 
been lodged with, or registered by, the Australian Securities and Investments   
Commission or the Japanese Ministry of Finance; and the Shares have not been,   
and nor will they be, registered under the securities laws of any state,        
province or territory of Australia, Canada or Japan.                            
Deutsche Securities (Pty) Ltd is acting for Mpower and no one else in connection
with the Placing and will not be responsible to anyone other than the issuer for
providing the protections afforded to clients of Deutsche Securities (Pty) Ltd  
nor for providing advice in connection with the Placing, the contents of this   
announcement or any transaction, arrangement or other matter referred to herein.
Deutsche Bank AG is authorised under German Banking Law (competent authority:   
BaFin - Federal Financial Supervisory Authority) and authorised and subject to  
limited regulation by the FSA. Details about the extent of Deutsche Bank AG`s   
authorisation and regulation by the FSA are available on request.               
Deutsche Securities (Pty) Limited (FSP Number 16700) and Deutsche Securities    
(SA) (Pty) Limited (FSP Number 16701) are authorised financial services         
providers.                                                                      
Pretoria                                                                        
8 December 2011                                                                 
Sponsor                                                                         
Deutsche Securities (SA) (Pty) Limited                                          
Date: 08/12/2011 08:00:42 Supplied by www.sharenet.co.za                     
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