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

Release Date: 12/06/2015 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: ZAE000084992
ADR code: EXXAY
(?Exxaro?)

ACCEPTANCE OF CONDITIONAL AWARDS GRANTED IN TERMS OF THE LONG
TERM INCENTIVE PLAN (LTIP SCHEME) BY A DIRECTOR OF A MAJOR
SUBSIDIARY OF EXXARO

In terms of paragraphs 3.63 to 3.65 of the JSE Limited Listings Requirements, notice is hereby
given that a director of a major subsidiary of Exxaro received and accepted conditional 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 (01/05/2015 to 30/04/2018)
Class of shares:                    Ordinary
Nature of transaction:              Acceptance of LTIP awards
Offer price:                        R0
Nature of interest:                 Direct Beneficial
Date of transaction:                12 June 2015


Name:                               MDM Mgojo
Director:                           Exxaro Coal Proprietary Limited and Exxaro Coal
                                    Mpumalanga Proprietary Limited
LTIP award:                         63,889
Deemed value based on the
prevailing market price of
Exxaro shares of R97.98 per share
on 12 June 2015:                    R6,259,844.22


CH WESSELS
GROUP COMPANY SECRETARY

12 June 2015


Sponsor
Deutsche Securities (SA) Proprietary Limited

Date: 12/06/2015 03:45:00 Supplied by www.sharenet.co.za                     
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