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EXX - Exxaro Partners Sasol Mining In JV To Supply Potential New Coal-To-Liquids Plant News Release EXXARO RESOURCES LIMITED (Incorporated in the Republic of South Africa) Registration Number: 2000/011076/06 Share Code: EXX ISIN Number: ZAE000084992 ("Exxaro" or "the company") NEWS RELEASE - EXXARO PARTNERS SASOL MINING IN JV TO SUPPLY POTENTIAL NEW COAL- TO-LIQUIDS PLANT Diversified resources company Exxaro has entered into a prospecting joint venture agreement with Sasol Mining Proprietary Limited (Sasol Mining) for the development of a new coal mine to supply Sasol`s new potential inland coal-to- liquids (CTL) project. Project Mafutha is an investigation into the development of another CTL project in South Africa and is envisaged to be located in the north-western part of the Limpopo province due to the substantial coal reserves in the Waterberg region. Should the project proceed, it will require a new coal mine to produce feedstock for the 80 000 barrels-a-day CTL complex. The development will help meet the growing shortfall in South Africa`s domestic fuel production, most notably in the installed capacity for producing diesel and petrol. In recent years, South Africa has been a regular importer of refined fuels to supplement local production. It is expected that such a mine would require an opencast truck-and-shovel extraction method, an area in which Exxaro has beneficial expertise. The development of the new mine is in the pre-feasibility stage with the mining of a bulk sample planned for before the end of 2009. It is expected that some 170 000 tonnes of coal will be mined for large-scale testing at the Sasol Synfuels Secunda plant. Exxaro`s participation in the joint venture for the new mine is subject to the applicable regulatory approvals, the company`s continued interest in the project and development of the CTL and associated Mafutha coal mine. Exxaro is represented in the mining joint venture by Exxaro Coal Mpumalanga (Pty) Ltd (formerly Eyesizwe Coal (Pty) Ltd), a wholly owned subsidiary of Exxaro Coal (Pty) Ltd. Ends Editor`s Note: Exxaro is one of the largest South African-based diversified resources groups, with interests in the coal, mineral sands, base metals, industrial minerals and iron ore commodities. www.exxaro.com Enquiries: Wim de Klerk Financial director Telephone: +27 (0) 12 307 4848 Mobile: +27 (0) 82 652 5145 Email: wim.deklerk@exxaro.com Nothemba Noruwana Group media manager, Sasol Limited Telephone: +27 (0) 11 441 3543 Mobile +27 (0) 82 329 0186; Email: Nothemba.noruwana@sasol.com Pretoria 1 July 2009 Sponsor Deutsche Securities (SA) (Proprietary) Limited Date: 01/07/2009 12:00:03 Supplied by www.sharenet.co.za Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.
