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Exxaro Resources Limited - Exx - Exercise Of Rights Vested And Sold In Terms Of The Share Appreciation Scheme By Directors

Release Date: 31/03/2016 17:11:00      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 RIGHTS VESTED AND SOLD IN TERMS OF THE SHARE
APPRECIATION SCHEME (SAR SCHEME) BY DIRECTORS OF EXXARO

In terms of paragraphs 3.63 to 3.65 of the JSE Limited Listings Requirements, notice is hereby
given that directors of Exxaro exercised rights vested in terms of the SAR 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 rights vested in terms of the SAR
                                         Scheme and on market sale
Nature of interest:                      Direct Beneficial
Date of transaction:                     30 March 2016
SAR vesting period:                      7 years

Name:                                    SA Nkosi
Director:                                Exxaro Resources Limited
SAR vesting date:                        1 April 2012
Total number of shares vested:           5 418
Strike price:                            R67.07
VWAP:                                    R72.93
Number of shares sold:                   2 444
Sale price per share:                    R71.00
Value of sale transaction:               R173 524.00
Remainder of shares vested, released
and transferred to personal portfolio:   2 974

Name:                                    MDM Mgojo
Director:                                Exxaro Resources Limited
SAR vesting date:                        1 April 2012
Strike price:                            R67.07
VWAP:                                    R72.93
Total number of shares vested:           2 212
Number of shares sold:                   998
Sale price per share:                    R71.10
Value of sale transaction:               R70 957.80
Remainder of shares vested, released
and transferred to personal portfolio:   1 214

CH WESSELS
GROUP COMPANY SECRETARY

31 March 2016

Sponsor
Absa Bank Limited, acting through its Corporate and Investment Bank division

Date: 31/03/2016 05:11:00 Supplied by www.sharenet.co.za                     
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