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

Release Date: 20/03/2015 15:50:00      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 AND SALE IN TERMS OF THE DEFERRED BONUS
PLAN SCHEME (?DBP SCHEME?) BY A DIRECTOR OF EXXARO AND DIRECTORS OF
ITS MAJOR SUBSIDIARIES


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 directors of major subsidiaries of Exxaro exercised
the matching awards granted in terms of the DBP 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 matching awards vested and/or
                                              on market sale in terms of the DBP
                                              Scheme
Nature of interest:                           Direct Beneficial
Date of transaction:                          17 March 2015
DBP vesting date                              6 March 2015
Vesting period:                               3 years

Name:                                         MDM Mgojo
Director:                                     Exxaro Coal Proprietary Limited and Exxaro
                                              Coal Mpumalanga Proprietary Limited
Matching shares vested and sold:              252
VWAP on day of vesting:                       R109.72
Sale price per share:                         R97.80
Shares pledged and released:                  252
Strike price per share:                       R179.00
Value of shares:                              R24 646.60

Matching shares vested and sold:              558
VWAP on day of vesting:                       R109.72
Sale price per share:                         R97.80
Shares pledged and released:                  558
Strike price per share:                       R199.50
Value of shares:                              R54 572.40
Shares transferred into his portfolio:        810

Name:                                         N Tsengwa
Director:                                     Exxaro Coal Mpumalanga Proprietary Limited
Matching shares vested and released:          376
Shares pledged and released:                  376
Strike price per share:                       R200.00
Shares transferred into her portfolio:        752
Deemed value of matching shares:              R73 432.80 (based on the closing market
                                              price of R97.65/share as at 16 March 2015)

Name:                                         SA Nkosi
Director:                                     Exxaro Resources Limited
Matching shares vested and sold:              680
VWAP on day of vesting:                       R109.72
Sale price per share:                         R97.75
Matching shares vested and released:          666
Shares pledged and released:                  1 346
Strike price per share:                       R200.31
Shares transferred into his portfolio:        2 012
Deemed value of matching shares:              R196 471.80 (based on the closing market
                                              price of R97.65/share as at 16 March 2015)

CH WESSELS
GROUP COMPANY SECRETARY

Sponsor
Deutsche Securities (SA) Proprietary Limited

20 March 2015

Date: 20/03/2015 03:50:00 Supplied by www.sharenet.co.za                     
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