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Exxaro Resources Limited - Exx - Exercise Of Pledged And Matching Awards Vested And Released In Terms Of The Deferred Bonus Plan Scheme

Release Date: 16/03/2016 16:53:00      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 PLEDGED AND MATCHING AWARDS VESTED AND RELEASED IN TERMS
OF THE DEFERRED BONUS PLAN SCHEME (?DBP SCHEME?) BY A DIRECTOR AND A
MAJOR SUBSIDIARY DIRECTOR OF EXXARO

In terms of paragraphs 3.63 to 3.65 of the JSE Limited Listings Requirements, notice is hereby
given that a director and a director of a major subsidiary of Exxaro exercised the pledged and
matching awards granted in terms of the DBP Scheme, 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 pledged and matching awards
                                               vested and transferred to personal portfolio
                                               in terms of the DBP Scheme
Nature of interest:                            Direct Beneficial
Date of transaction:                           15 March 2016
DBP vesting date:                              8 March 2016
Vesting period:                                3 years

Name:                                          WA de Klerk
Director:                                      Exxaro Resources Limited
Pledged shares vested and released:            827
Strike price per pledged share:                R152.76
VWAP on day of vesting:                        R79.75
Matching shares vested and released
(transferred to personal portfolio):           827
Value of shares transferred (based on VWAP):   R65 953.25

Name:                                          N Tsengwa
Director:                                      Exxaro Coal Mpumalanga Proprietary Limited
Pledged shares vested and released:            87
Strike price per pledged share:                R151.10
VWAP on day of vesting:                        R79.75
Matching shares vested and released
(transferred to personal portfolio):           87
Value of shares transferred (based on VWAP):   R6 938.25


CH WESSELS
GROUP COMPANY SECRETARY

16 March 2016

Sponsor
Absa Bank Limited, acting through its corporate and investment bank division

Date: 16/03/2016 04:53:00 Supplied by www.sharenet.co.za                     
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