EXXARO RESOURCES LIMITED - Share transactions

Share transactions

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 the Group Company Secretary of Exxaro Resources Limited 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 (01/10/2017 to 01/10/2020)
Class of shares:                                          Ordinary
Nature of transaction:                                    Acceptance of LTIP awards
Offer price:                                              R0
Nature of interest:                                       Direct Beneficial
Date of transaction:                                      16 November 2017
Vesting period:                                           3 years

Name:                                                     SE van Loggerenberg
Director:                                                 Group Company Secretary
LTIP award:                                               6,611
Deemed value based on the VWAP of                         R810,905.26
R122.66 per share on 29 September 2017:


SE VAN LOGGERENBERG
GROUP COMPANY SECRETARY


17 November 2017


Company sponsor to Exxaro
Absa Bank Limited, acting through its corporate and investment bank division

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