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                  Wilson Mangisi Gule
Category of director              Executive
Date of transaction               17 October 2012
Nature of transaction             Exercise of share options and on-market sale
                                  of shares
Class of securities               Ordinary shares
Offer price                       2 700 cents per option
                                  Share options granted on 15 December 2004
                                  and vested on 17 December 2007
Number of securities              18 000
Selling price of securities       R174.00 per share
Total value of transaction        R3 132 000.00
Nature of interest                Direct, beneficial
Clearance to deal                 Yes

Sandton
18 October 2012

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

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