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Exxaro Resources Limited - Exxaro Leeuwpan Mine Operating Lawfully

Release Date: 03/10/2012 07:05:00      Code(s): EXX     
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?)


3 October 2012


NEWS RELEASE


EXXARO LEEUWPAN MINE OPERATING LAWFULLY

As one of South Africa?s leading diversified resources companies, we at Exxaro pride our
reputation as being a responsible operator of mines across the country.

It is therefore of serious concern to us that the operations of our Leeuwpan mine in
Mpumalanga were misrepresented in a front page article published in Beeld newspaper
on Wednesday, 25 September 2012, and headlined ?Myn-woesteny?.

We therefore take this opportunity to set the record straight and to ensure that our
stakeholders are accurately informed regarding the Leeuwpan mine:

1. The above-mentioned article and an accompanying photograph published are
   misleading as they claim to show the result of mining a wetland. Instead, what the
   photo shows is the mine?s lawful open cast operations which Exxaro will rehabilitate in
   terms of the mine?s approved environmental management programme.

2. The Leeuwpan mine complies with mining, water use and environmental legislation.
   Operations are performed in terms of the required water use licence issued by the
   Department of Water Affairs (DWA), as well as environmental authorisations in terms
   of the National Environmental Management Act and an approved Environmental
   Management Programme in terms of the Minerals and Petroleum Resources
   Development Act.

3. The false impression was created by the article that operations at Leeuwpan mine
   were halted by the DWA. This is not true. The Leeuwpan mine remains fully
   operational.

4. A wetland area - previously degraded by other land use activities - forms part of the
   mine?s overall mining right area. Exxaro maintains that its current authorisations (as
   stated above) for Leeuwpan?s mining right area also apply to the wetland. When
   Exxaro received a query from DWA about activities on the wetland area, Exxaro on its
   own accord, postponed this activity until the matter is resolved.

5. Exxaro did not receive a directive to stop the mining activity in the wetland. We
   received a directive to supply information and we complied fully. We also approached
   the Water Tribunal to appeal this directive. We will continue to engage with the DWA
   to find a mutually acceptable way forward.

Ends

Enquiries:
Wim de Klerk
Finance director
Tel: +27 12 307 3173
Email: wim.deklerk@exxaro.com

Pretoria
3 October 2012

Sponsor
Deutsche Securities (SA) (Proprietary) Limited

Date: 03/10/2012 07:05:00 Supplied by www.sharenet.co.za                     
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