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Exxaro Resources Limited - Exercise Of Rights Vested And Sold In Terms Of The Share Appreciation Scheme

Release Date: 03/09/2014 14:00:00      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)

EXERCISE OF RIGHTS VESTED AND SOLD IN TERMS OF THE SHARE APPRECIATION
SCHEME (SAR SCHEME) BY A DIRECTOR OF EXXARO?S MAJOR SUBSIDIARY
COMPANY

In terms of paragraphs 3.63 to 3.65 of the JSE Limited Listings Requirements, notice is hereby
given that a director of Exxaro?s major subsidiary company exercised rights vested in terms of
SAR 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 rights vested in terms of the SAR
                                       Scheme and on market sale
Nature of interest:                    Direct Beneficial
Date of transaction:                   1 September 2014
SAR period:                            7 years

Name:                                  AM Mukhuba
Director:                              Exxaro Coal Proprietary Limited
SAR vesting date:                      3 September 2010
Number of shares vested and sold:      804
Strike price:                          R72.84
VWAP:                                  R150.49
Number of shares:                      402
Sale price per share:                  R151.31
Value of transaction:                  R60 826.62
Number of shares:                      402
Sale price per share:                  R151.30
Value of transaction:                  R60 822.60
Value of both transactions:            R121 649.22


3 September 2014

CH WESSELS
GROUP COMPANY SECRETARY

Sponsor
Deutsche Securities (SA) Proprietary Limited

Date: 03/09/2014 02:00:00 Supplied by www.sharenet.co.za                     
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