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Exxaro Resources Limited - Exercise Of Matching Awards In Terms Of The Deferred Bonus Plan Scheme

Release Date: 16/09/2014 15:45:00      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 MATCHING AWARDS IN TERMS OF THE DEFERRED BONUS PLAN
SCHEME (DBP 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 the matching awards
granted in terms of the DBP Scheme, 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 matching awards vested in terms of the
                                         DBP Scheme
Nature of interest:                      Direct Beneficial
Date of transaction:                     12 September 2014
DBP vesting date:                        31 August 2014
Vesting period:                          3 years

Name:                                    N Tsengwa
Director:                                Exxaro Coal Mpumalanga Proprietary Limited
Matching shares vested and released:     177
Strike price per share:                  R178.97
Shares pledged and released:             177
Shares transferred into her portfolio:   354

Deemed value of matching shares:         R24, 957.00 (based on the closing market price of
                                         R141.00 per Exxaro share as at 11 September 2014)



16 September 2014




CH WESSELS
GROUP COMPANY SECRETARY

Sponsor
Deutsche Securities (SA) Proprietary Limited

Date: 16/09/2014 03:45:00 Supplied by www.sharenet.co.za                     
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