AFRICAN RAINBOW MINERALS LIMITED - Directors dealings in ARM securities

Director’s dealings in ARM securities

African Rainbow Minerals Limited
(Incorporated in the Republic of South Africa)
(Registration Number 1933/004580/06)
JSE Share code: ARI
ISIN: ZAE000054045
(“ARM”)


Director’s dealings in ARM securities


In compliance with paragraph 3.63 – 3.66 of the Listings Requirements of
the JSE Limited, we hereby advise the following dealings by a director in
ARM securities:


Name of director                        Daniel Vusimusi Simelane
Category of director                    Executive
Date of transactions                    10 March 2014


1.   Nature of transaction              Exercise of share options and on-
                                        market sale of shares
     Class of securities                Ordinary shares
     Number of options exercised        39 359 share options
     Offer price of options             11 900 cents per share option:
                                        20 000 share options granted on 5
                                        June 2007 and tranches vested on 6
                                        June 2010, 6 June 2011 and 6 June
                                        2012
                                        13 973 cents per share option:
                                        19 359 granted on 16 October 2007
                                        and tranches vested on 17 October
                                        2008, 17 October 2009 and 17 October
                                        2010
     Number of securities sold          39 359
     Selling price of securities        Average price of R215.6091 per share
                                        (with a low of R215.00 and a high of
                                        R218.40)
     Total proceeds from sale of        R8 486 158.57
     securities
     Nature of interest                 Direct, beneficial
     Clearance to deal                  Yes
2.   Nature of transaction            On-market sale of shares
     Class of securities              Ordinary shares
     Number of securities sold        10 055
     Selling price of securities      Average price of R215.004 per share
                                      (with a low of R215.00 and a high of
                                      R215.04)
     Total value of transaction       R2 161 865.00
     Nature of interest               Direct, beneficial
     Clearance to deal                Yes

Sandton
11 March 2014

Sponsor to ARM:
Deutsche Securities (SA) Proprietary Limited

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