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 directors of Exxaro Resources Limited’s major subsidiaries received and accepted
conditional awards granted in terms of the Long-Term Incentive Plan scheme (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 of a period of 3 years (01/04/2018 to
                                           01/04/2021)
 Class of shares:                          Ordinary
 Nature of interest:                       Direct Beneficial
 Offer price:                              R0
 Date of transaction:                      8 May 2018
 Vesting period:                           3 years

 Name:                                     E Cockrell
 Position:                                 Director: Exxaro International Trading AG
 LTIP award:                               6 800
 Deemed value based on VWAP of             R723 724.00
 R106.43 per share on 29 March 2018

 Name:                                     MR Walker
 Position:                                 Director: Exxaro Coal Proprietary Limited, Exxaro
                                           International Trading AG
 LTIP award:                               17 037
 Deemed value based on VWAP of             R1 813 247.91
 R106.43 per share on 29 March 2018



SE VAN LOGGERENBERG
GROUP COMPANY SECRETARY

9 May 2018


Sponsor to Exxaro
Absa Corporate and Investment Bank, a division of Absa Bank Limited

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