EXXARO RESOURCES LIMITED - EXX-Share Transactions

EXX-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 a director of Exxaro and its major subsidiaries 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 (01/05/2015 to 30/04/2018)
Class of shares:                                Ordinary
Nature of transaction:                          Acceptance of LTIP awards
Offer price:                                    R0
Nature of interest:                             Direct Beneficial
Date of transaction:                            3 May 2016
Vesting period:                                 3 years

Name:                                           MDM Mgojo
Director:                                       Exxaro Resources Limited
                                                Exxaro Coal Proprietary Limited
                                                Exxaro Coal Mpumalanga Proprietary
                                                Limited
LTIP award:                                     189,572
Deemed value based on the VWAP of R72.70        13,781,884.40
per share on 31 March 2016:


CH WESSELS
GROUP COMPANY SECRETARY

4 May 2016

Sponsor
Absa Bank Limited, acting through its corporate and investment bank division

Date: 04/05/2016 10:41:00 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.