AFRICAN RAINBOW MINERALS LIMITED - Dealings in securities by directors of ARM

Dealings in securities by directors of ARM

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

Dealings in securities by directors of ARM

In terms of paragraphs 3.63 to 3.66 of the Listings Requirements of the JSE
Limited (“the Listings Requirements”), the following information is provided
regarding the grant to and acceptance by the under-mentioned directors of ARM
of bonus shares and performance shares in ARM. These awards are made in terms
of The African Rainbow Minerals Limited 2008 Share Plan and in terms of ARM’s
deferred bonus/co-investment scheme approved by ARM’s Remuneration Committee.
The calculation of these grants and awards is based upon the volume weighted
average price of the ARM shares for the 20 trading days ended 9 October 2012,
which was R165.65.

1. Bonus shares
Grant date                       10 October 2012
Nature of transaction            Grants of bonus shares in terms of The
                                 African Rainbow Minerals Limited 2008 Share
                                 Plan in off market transactions
Vesting date for settlement      11 October 2015
Class of securities              Ordinary shares
Extent of interest               Direct, beneficial


2. Performance shares
Award date                       10 October 2012
Nature of transaction            Awards of performance shares in terms of The
                                 African Rainbow Minerals Limited 2008 Share
                                 Plan in off market transactions
Vesting date for settlement      11 October 2015
Class of securities              Ordinary shares
Extent of interest               Direct, beneficial


Name          Designation              Number of      Value
                                       Bonus
                                       Shares*        R
PT Motsepe    Executive chairman         16 138       2 673 259.70
MP Schmidt    Chief executive officer    11 250       1 863 562.50
AJ Wilkens    Executive director         13 769       2 280 834.85
* The vesting of the Bonus shares is conditional on   continued employment with
ARM.


Name          Designation               Number of     Value
                                        Performance
                                        Shares*       R
PT Motsepe    Executive chairman          16 138      2 673 259.70
MP Schmidt    Chief executive officer     11 250      1 863 562.50
AJ Wilkens    Executive director          13 769      2 280 834.85
* The vesting of the Performance shares is conditional on performance
measures.

The Remuneration Committee granted the necessary authority to grant and award
these bonus shares and performance shares in terms of paragraph 3.66 of the
Listings Requirements.

Sandton
12 October 2012

Sponsor to ARM:
Deutsche Securities (SA) (Proprietary) Limited

Date: 12/10/2012 05:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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