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Exxaro Resources Limited - Share Transactions

Release Date: 05/09/2016 08:39:00      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
                                                (01/01/2016 to 31/12/2018)
Class of shares:                                Ordinary
Nature of transaction:                          Acceptance of LTIP awards
Offer price:                                    R0
Nature of interest:                             Direct Beneficial
Date of transaction:                            02 September 2016
Vesting period:                                 3 years

Name:                                           N Tsengwa
Director:                                       Exxaro Coal Mpumalanga Proprietary
                                                Limited
LTIP award:                                     24,767
Deemed value based on the VWAP of               2,221,599.90
R89.70 per share on 1 September 2016:

CH WESSELS
GROUP COMPANY SECRETARY

5 September 2016

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

Date: 05/09/2016 08:39:00 Supplied by www.sharenet.co.za                     
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