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Exxaro Resources Limited - Exx- Share Dealings By An Associate Of Directors

Release Date: 04/11/2016 15:08:00      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 BY AN ASSOCIATE OF DIRECTORS

In terms of clauses 3.63 to 3.65 of the JSE Limited (?JSE?) Listings Requirements, notice is hereby given
that an associate of two directors of Exxaro has sold Exxaro ordinary shares. In accordance with a
dispensation received from the JSE this disclosure is being made following completion of the share disposal
process.

Shareholders are reminded of the announcement, ?Exxaro to provide financial assistance to black economic
empowerment shareholder? dated 24 July 2015, where it had been indicated that Main Street 333
Proprietary Limited would dispose of a number of Exxaro ordinary shares in a coordinated manner to settle
some of their debt, whilst still maintaining their majority equity position in Exxaro. These sales (which
concluded on 30 September 2016) form part of that process.

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Name of Directors:                                          Messrs MDM Mgojo and VZ Mntambo
Name of Associate:                                          Main Street 333 Proprietary Limited
Relationship:                                               Shareholders and directors
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Class of securities:                                        Ordinary
Nature of transaction:                                      On-market sales
Nature of interest:                                         Indirect beneficial
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Date of             Number of         Volume Weighted   Trading Prices                    Total
Transaction         Shares sold       Average Price     Highest          Lowest           Proceeds
2016
----------------------------------------------------------------------------------------------------------
22 July             120,000           R86.4325          R86.65           R86.00           R10,371,905.04
25 July             400,000           R86.5437          R87.48           R85.50           R34,617,480.00
26 July             50,000            R86.0000          R86.00           R86.00           R4,300,000.00
27 July             160,000           R86.3878          R87.26           R86.00           R13,822,048.00
28 July             248,190           R86.1106          R87.30           R86.00           R21,371,789.81
1 August            99,602            R84.4004          R85.19           R83.99           R8,406,448.64
2 August            113,666           R83.0003          R83.04           R83.00           R9,434,312.10
4 August            563,721           R83.9180          R85.15           R83.00           R47,306,338.88
5 August            121,082           R84.7712          R85.02           R84.00           R10,264,266.44
8 August            152,038           R82.0019          R82.14           R82.00           R12,467,404.87
10 August           37,115            R81.4865          R81.50           R81.48           R3,024,371.45
11 August           125,000           R80.4363          R80.84           R80.30           R10,054,531.25
12 August           50,371            R82.4639          R83.27           R82.00           R4,153,789.11
15 August           67,530            R81.9697          R82.69           R81.00           R5,535,411.88
16 August           445,058           R83.2156          R83.99           R82.00           R37,035,766.28
18 August           24,644            R82.3288          R83.58           R82.00           R2,028,912.03
19 August           16,591            R83.0023          R83.05           R83.00           R1,377,091.16
22 August           112,118           R79.2717          R80.59           R79.00           R8,887,784.46
23 August           100,841           R80.0802          R80.45           R80.00           R8,075,367.45
24 August           44,738            R80.5283          R81.56           R80.00           R3,602,675.09
25 August           600,000           R81.3000          R82.40           R80.00           R48,780,000.00
26 August           12,748            R81.7989          R82.45           R81.00           R1,042,772.38
2 September         49,209            R78.9938          R79.25           R78.95           R3,887,205.90
5 September         74,943            R79.0784          R79.51           R79.00           R5,926,372.53
6 September         79,048            R79.9926          R80.01           R79.95           R6,323,254.10
7 September         64,954            R80.1147          R80.94           R80.00           R5,203,770.22
8 September         87,313            R79.0423          R79.46           R79.00           R6,901,417.72
20 September        13,181            R76.0032          R76.02           R76.00           R1,001,798.18
20 September        22,996            R76.0388          R76.28           R76.00           R1,748,588.24
21 September        179,136           R77.7303          R79.55           R77.00           R13,924,288.21
22 September        297,423           R79.0230          R79.68           R77.90           R23,503,257.73
23 September        223,751           R79.7563          R80.20           R79.00           R17,845,551.88
26 September        292,703           R78.3557          R79.79           R77.00           R22,934,948.46
27 September        251,000           R77.9134          R78.99           R76.37           R19,556,259.38
28 September        485,517           R79.1698          R80.05           R78.32           R38,438,288.64
29 September        483,866           R83.6477          R86.42           R82.00           R40,474,266.40
30 September        534,102           R83.9350          R85.05           R82.00           R44,829,838.02
----------------------------------------------------------------------------------------------------- ----
 Total              6,804,195         R82.0758                                            R558,459,576.24
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CH WESSELS
GROUP COMPANY SECRETARY

4 November 2016

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

Date: 04/11/2016 03:08:00 Supplied by www.sharenet.co.za                     
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