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Exxaro Resources Limited - Exercise Of Conditional Awards Granted In Terms Of The Long Term Incentive Plan

Release Date: 04/04/2014 15:49:00      Code(s): EXX     
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) BY A DIRECTOR OF EXXARO AND A DIRECTOR
OF A MAJOR SUBSIDIARY

In terms of paragraphs 3.63 to 3.65 of the JSE Limited Listings Requirements notice is
hereby given that a director of Exxaro and a director of a major subsidiary of Exxaro
exercised awards granted in terms of the LTIP Scheme and sold Exxaro ordinary shares,
after having received clearance to do so in terms of paragraph 3.66 of the JSE Limited
Listings Requirements.

Class of shares:                 Ordinary
Nature of transaction:           Exercise of conditional awards granted and on market
                                 sale in terms of the LTIP Scheme
Nature of interest:              Direct Beneficial
Date of transaction:             03 April 2014
LTIP vesting date:               01 April 2014
Vesting period:                  3 years

Name:                            WA de Klerk
Director:                        Exxaro Resources Limited
LTIP award:                      17,399
Sale price per share             R145.10
Value of shares:                 R2,524,594.90

Name:                            IC Prisloo
Director:                        Exxaro International Trading BV
LTIP award:                      3,385
Sale price per share             R146.70
Value of shares:                 R496,579.50

04 April 2014

CH WESSELS
GROUP COMPANY SECRETARY

Sponsor
Deutsche Securities (SA) Proprietary Limited

Date: 04/04/2014 03:49:00 Supplied by www.sharenet.co.za                     
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