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Exxaro Resources Limited - Acceptance Of Conditional Awards Granted In Terms Of The Long Term Incentive Plan

Release Date: 28/04/2015 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?)


ACCEPTANCE OF CONDITIONAL AWARDS GRANTED IN TERMS OF THE LONG
TERM INCENTIVE PLAN (LTIP) BY A DIRECTOR OF AN EXXARO 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 an Exxaro major subsidiary received and accepted awards
granted in terms of the LTIP scheme, after having received clearance to do so in terms of
paragraph 3.66 of the JSE Limited Listings Requirements.

LTIP Performance period:       The vesting of the LTIP awards is conditional upon the
                               achievement of group performance targets over a period
                               of 3 years (01/04/2015 to 31/03/2018)
Class of shares:               Ordinary
Nature of transaction:         Acceptance of LTIP awards
Offer price:                   R0
Nature of interest:            Direct Beneficial
Date of transaction:           24 April 2015


Name:                          IC Prinsloo
Director:                      Exxaro International Trading
LTIP award:                    15,610
Deemed value based on the
prevailing market price of
an Exxaro share of
R100.80 on 24 April 2015:      R1, 573,488.00


28 April 2015



CH WESSELS
GROUP COMPANY SECRETARY

Sponsor
Deutsche Securities (SA) Proprietary Limited

Date: 28/04/2015 04:30:00 Supplied by www.sharenet.co.za                     
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