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EXXARO RESOURCES LIMITED - Finalisation announcement - Specific Repurchase from MS333

Release Date: 17/01/2017 07:59:00      Code(s): EXX     
Incorporated in the Republic of South Africa
(Registration Number: 2000/011076/06)
JSE share code: EXX
ISIN: ZAE000084992


Exxaro shareholders are referred to the circular issued to Exxaro shareholders on 29 November 2016
(?the circular?) in relation to the specific repurchase by Exxaro of Exxaro ordinary shares to the value of
R3,524,433,435 (?Specific Repurchase?) from Main Street 333 Proprietary Limited (?MS333?).

Further to the general meeting results announcement released on SENS on Friday, 30 December 2016,
Exxaro shareholders are advised that all conditions precedent to the Specific Repurchase have been
fulfilled and accordingly the Specific Repurchase is unconditional.

As detailed in the circular, Exxaro will proceed with the Specific Repurchase from MS333 of 43,943,745
ordinary shares to the value of R3,524,433,435, which shares will be delisted with effect from the
commencement of trading on or about Friday, 20 January 2017 and will thereafter be cancelled.

Carina Wessels
17 January 2017

Merchant Bank and transaction sponsor
Rand Merchant Bank (A division of FirstRand Bank Limited)

Absa Corporate and Investment Bank, a division of ABSA Bank Limited

Date: 17/01/2017 07:59:00 Supplied by www.sharenet.co.za                     
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