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

Release Date: 07/04/2015 16:07:00      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 DIRECTOR OF
ITS 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 directors of a major subsidiary 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:                         7 April 2015
DBP vesting date                             31 March 2015
Vesting period:                              3 years

Name:                                        WA de Klerk
Director:                                    Exxaro Resources Limited
Matching shares vested and released:         1 679
VWAP on day of vesting:                      R102.59
Shares pledged and released:                 1 679
Strike price per pledged share:              R209.58
Shares transferred into his portfolio:       3 358
Deemed value of transferred shares:          R318 338.40 (based on the closing market
                                             price of R94.80/share as at 2 April 2015)

Name:                                        N Tsengwa
Director:                                    Exxaro Coal Mpumalanga Proprietary Limited
Matching shares vested and sold:             366
VWAP on day of vesting:                      R102.59
Sale price per share:                        R96.90
Value of shares sold:                        R35 465.40
Matching shares vested and released:         406
Shares pledged and released:                 772
Strike price per pledged share:              R210.45
Shares transferred into his portfolio:       1 178
Deemed value of transferred shares:          R111 674.40 (based on the closing market
                                             price of R94.80/share as at 2 April 2015)
CH WESSELS
GROUP COMPANY SECRETARY

Sponsor
Deutsche Securities (SA) Proprietary Limited

7 April 2015

Date: 07/04/2015 04:07:00 Supplied by www.sharenet.co.za                     
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