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

Release Date: 03/09/2014 16:30:00      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 AND SALE IN TERMS OF THE
LONG TERM INCENTIVE PLAN (LTIP SCHEME) BY THE GROUP COMPANY
SECRETARY OF EXXARO

In terms of paragraphs 3.63 to 3.65 of the JSE Limited Listings Requirements notice is
hereby given that the Group Company Secretary 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:             2 September 2014
LTIP vesting date:               22 August 2014
Vesting period:                  3 years

Name:                            CH Wessels
Group Company Secretary:         Exxaro Resources Limited
LTIP award:                      2,796
Shares transferred to her
portfolio:                       1,587
Number of shares sold:           1,209
VWAP on day of vesting:          R148.52
Sale price per share:            R151.60
Value of shares sold:            R183,284.40
Value of shares transferred:     R235 701.24
Total value of transactions:     R418 985.64

3 September 2014


CH WESSELS
GROUP COMPANY SECRETARY

Sponsor
Deutsche Securities (SA) Proprietary Limited

Date: 03/09/2014 04:30:00 Supplied by www.sharenet.co.za                     
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