KUMBA IRON ORE LIMITED - Acceptance of rights to participate in Share Incentive Plan

Acceptance of rights to participate in Share Incentive Plan

Kumba Iron Ore Limited
A member of the Anglo American plc group
(Incorporated in the Republic of South Africa)
(Registration number 2005/015852/06)
Share code: KIO
ISIN: ZAE000085346
("Kumba")


ACCEPTANCE OF RIGHTS TO PARTICIPATE IN SHARE INCENTIVE PLAN

On 5 August 2014, Executive Directors of Kumba accepted rights to participate in the
Company’s Long Term Incentive Plan. Conditional share plan awards made in terms of the
rules of the Long Term Incentive Plan are off market and are subject to specified performance
conditions measured over a period of three years, i.e. 2014 to 2016, and will vest if such
conditions are met at the end of the three year performance period.

Director and Chief Executive officer:                       Mr NB Mbazima
Company:                                                    Kumba
Conditional award:                                          31,523
Deemed value based on grant date price of R375.18           R11 826 799.14
Nature of interest:                                         Direct Beneficial


Director and Chief Financial Officer:                       Mr FT Kotzee
Company:                                                    Kumba
Conditional award:                                          9,841
Deemed value based on grant date price of R375.18           R3 692 146.38
Nature of interest:                                         Direct Beneficial

The allocations have been approved by the Remuneration Committee of the Board.

5 August 2014

For enquiries contact:
Avanthi Parboosing
Company Secretary
Kumba Iron Ore Limited
Tel: (012) 683 1736

Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

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