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EXX - Exxaro - Dealings by a Director of a major subsidiary of Exxaro

Release Date: 28/03/2012 11:05:21      Code(s): EXX
EXX - Exxaro - Dealings by a Director of a major subsidiary of Exxaro           
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                                                                
In terms of paragraphs 3.63 to 3.65 of the JSE Listings Requirements, notice is 
hereby given that a director of a major subsidiary of Exxaro has exercised      
options which were awarded in terms of the Kumba Resources Management Share     
Scheme and Kumba Resources Management Option Scheme and subsequently sold       
shares, after having received clearance to do so in terms of paragraph 3.66 of  
the JSE Listings Requirements.                                                  
Name of director:                  WH van Niekerk                               
Subsidiary:                        Exxaro Coal Proprietary Limited              
Date of transaction:               26 March 2012                                
Number of options and shares:      6,460                                        
Option strike price:               R19.62                                       
Option strike date:                22 April 2005                                
Periods of exercise and/or                                                      
vesting:                           7 years                                      
Class of securities:               Ordinary                                     
Nature of transaction:             Exercise of options and the subsequent on-   
                                  market sale of shares                         
Nature of interest:                Direct beneficial                            
Market price per share             Weighted average price:  R199.79             
                                  Highest price:  R200.25                       
                                  Lowest price:  R199.50                        
Total value of transaction:        R1,289,466.31                                
CH WESSELS                                                                      
GROUP COMPANY SECRETARY                                                         
28 March 2012                                                                   
Deutsche Securities (SA) (Proprietary) Limited                                  
Date: 28/03/2012 11:05:21 Supplied by www.sharenet.co.za                     
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