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Exxaro Resources Limited - Exercise Of Conditional Awards Granted In Terms Of The Long Term Incentive Plan(ltip Scheme) By A Director Of Exxaro

Release Date: 13/11/2015 16:47:00      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)


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


In terms of paragraphs 3.63 to 3.65 of the Listings Requirements of the JSE Limited (?Listings
Requirements?) notice is hereby given that a director of Exxaro exercised awards granted in terms
of the LTIP Scheme and sold Exxaro ordinary shares, after having received clearance to do so in
terms of paragraph 3.66 of the Listings Requirements.

Class of shares:                     Ordinary
Nature of transaction:               Exercise of conditional awards granted and on market sale
                                     in terms of the LTIP Scheme
Nature of interest:                  Direct Beneficial
Date of transaction:                 12 November 2015
LTIP vesting date:                   01 November 2015
Vesting period:                      3 years


Name:                                WA de Klerk
Director:                            Exxaro Resources Limited
LTIP award:                          4,318
Number of shares vested and sold:    4,318
VWAP on day of vesting:              R57.29
Sale price per share:                R51.15
Value of shares:                     R220,865.70


CH WESSELS
GROUP COMPANY SECRETARY

13 November 2015


Sponsor
ABSA Bank Limited (acting through its Corporate and Investment Banking division)

Date: 13/11/2015 04:47:00 Supplied by www.sharenet.co.za                     
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