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Exx - Exxaro - Exercise Of Conditional Awards Granted In Terms Of The Long Term

Release Date: 05/04/2012 14:31:04      Code(s): EXX
EXX - Exxaro - Exercise of Conditional Awards granted in terms of the Long Term 
Incentive Plan (LTIP Scheme) to Directors of Exxaro and its major Subsidiaries  
EXXARO RESOURCES LIMITED                                                        
(Incorporated in the Republic of South Africa)                                  
Registration Number:  2000/011076/06                                            
JSE share code:  EXX                                                            
ISIN:  ZAE000084992                                                             
ADR code:  EXXAY                                                                
(Exxaro)                                                                        
EXERCISE OF CONDITIONAL AWARDS GRANTED IN TERMS OF THE LONG TERM INCENTIVE PLAN 
(LTIP Scheme) TO DIRECTORS OF EXXARO AND ITS MAJOR SUBSIDIARIES                 
In terms of paragraphs 3.63 and 3.65 of the JSE Listings Requirements notice is 
hereby given that directors of Exxaro and its major subsidiaries exercised      
awards granted in terms of the LTIP Scheme, after having received clearance to  
do so in terms of paragraph 3.66 of the JSE Listings Requirements.              
Class of shares:              Ordinary                                          
Nature of transaction:        Exercise of conditional awards granted in terms of
                             the LTIP Scheme                                    
Nature of interest:           Direct Beneficial                                 
Date of transaction:          03 April 2012                                     
DBP vesting date:             03 April 2015                                     
Vesting period:               3 years                                           
Name:                         PE Venter                                         
Director:                     Exxaro Coal Proprietary Limited                   
Number of shares:             30 220                                            
Strike price per share:       R203.50                                           
Value of shares:              R6,149,770.00                                     
Name:                         WA de Klerk                                       
Director:                     Exxaro Resources Limited                          
Number of shares:             21 306                                            
Strike price per share:       R197.54                                           
Value of shares:              R4,208,787.24                                     
Name:                         WA de Klerk                                       
Director:                     Exxaro Resources Limited                          
Number of shares:             1 648                                             
Strike price per share:       R200.81                                           
Value of shares:              R330,934.88                                       
Name:                         MR Walker                                         
Director:                     Exxaro Coal Proprietary Limited                   
Number of shares:             7 604                                             
Strike price per share:       R201.26                                           
Value of shares:              R1,530,381.04                                     
05 April 2012                                                                   
CH WESSELS                                                                      
GROUP COMPANY SECRETARY                                                         
Sponsor                                                                         
Deutsche Securities (SA) (Pty) Ltd                                              
Date: 05/04/2012 14:31:04 Supplied by www.sharenet.co.za                     
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