KUMBA IRON ORE LIMITED - Grant and acceptance of share options by directors

Grant and acceptance of share options by directors

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” or “the company”)

GRANT AND ACCEPTANCE OF SHARE OPTIONS BY DIRECTORS

In terms of the Listings Requirements of the JSE Limited, the following information is
disclosed:

Director:                                        Norman Mbazima
Company:                                         Kumba Iron Ore Limited
Grant date:                                      11 April 2016
Acceptance date:                                 11 April 2016
Nature of transaction:                           Off market grant and acceptance of
                                                 bonus shares in terms of the
                                                 Kumba Deferred Bonus
                                                 Arrangement (“DBA”)
Class of securities:                             Ordinary shares
Number of bonus shares:                          143,520
Price per share:                                 R42,09
Value of transaction:                            R6,040,756.80
Vesting period:                                  Bonus shares vest after three years
                                                 in terms of the Kumba DBA
Nature of interest:                              Direct beneficial
Clearance obtained:                              Yes


Director:                                        Norman Mbazima
Company:                                         Kumba Iron Ore Limited
Grant date:                                      11 April 2016
Acceptance date:                                 11 April 2016
Nature of transaction:                           Off market grant and acceptance of
                                                 Long Term Incentive Plan (“LTIP”)
                                                 options
Class of securities:                             Ordinary shares
Number of options:                               313,980
Option strike price:                             R42,09
Value of transaction:                            R13,215,418.20
Vesting period:                                  Share options vest after three years
                                                 on certain performance criteria
                                                 being met in terms of the Kumba
                                                 LTIP
Nature of interest:                              Direct beneficial
Clearance obtained:                              Yes

Director:                                        Frikkie Kotzee
Company:                                         Kumba Iron Ore Limited
Grant date:                                      11 April 2016
Acceptance date:                                 12 April 2016
Nature of transaction:                           Off market grant and acceptance of
                                                 Long Term Incentive Plan (“LTIP”)
                                                 options
Class of securities:                             Ordinary shares
Number of options:                               94,918
Option strike price:                             R42,09
Value of transaction:                            R3,995,098.62
Vesting period:                                  Share options vest after three years
                                                 on certain performance criteria
                                                 being met in terms of the Kumba
                                                 LTIP
Nature of interest:                              Direct beneficial
Clearance obtained:                              Yes

12 April 2016

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

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