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Exxaro Resources Limited - Exx - Share Transactions

Release Date: 25/04/2016 12:54:00      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)

SHARE TRANSACTIONS

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 long term incentive plan (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:                           22 April 2016
Vesting period:                                3 years

Name:                                          N Tsengwa
Director:                                      Exxaro Coal Mpumalanga Proprietary Limited
LTIP award:                                    41,505
Deemed value based on the VWAP of R72.70       3,017,413.50
per share on 31 March 2016:

CH WESSELS
GROUP COMPANY SECRETARY

25 April 2016

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

Date: 25/04/2016 12:54:00 Supplied by www.sharenet.co.za                     
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