EXXARO RESOURCES LIMITED - Exercise of pledged and matching awards vested, and sale in terms of the Deferred Bonus Plan Scheme

Exercise of pledged and matching awards vested, and sale in terms of the Deferred Bonus Plan Scheme

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”)


EXERCISE OF PLEDGED AND MATCHING AWARDS VESTED, AND SALE IN TERMS
OF THE DEFERRED BONUS PLAN SCHEME (“DBP SCHEME”) BY DIRECTORS OF
EXXARO AND A DIRECTOR OF ITS MAJOR SUBSIDIARY

In terms of paragraphs 3.63 to 3.65 of the JSE Limited Listings Requirements, notice is
hereby given that directors of Exxaro and a director of a major subsidiary of Exxaro
exercised the pledged and matching awards granted in terms of the DBP Scheme and sold
Exxaro ordinary shares, after having received clearance to do so in terms of paragraph 3.66
of the JSE Limited Listings Requirements.

Class of shares:                          Ordinary
Nature of transaction:                    Exercise of pledged and matching awards
                                          vested and/or on market sale in terms of
                                          the DBP Scheme
Nature of interest:                       Direct Beneficial
Date of transaction:                      8 August 2015
DBP vesting date                          31 August 2015
Vesting period:                           3 years

Name:                                     SA Nkosi
Director:                                 Exxaro Resources Limited
Pledged shares vested and released:       370
Strike price per pledged share:           R163.39
VWAP on day of vesting:                   R67.59
Matching shares vested and sold:          370
Sale price per share:                     R64.58
Value of shares sold:                     R23,894.60

Name:                                     MDM Mgojo
Director:                                 Exxaro Resources Limited
Pledged shares vested and released:       104
Strike price per pledged share:           R163.40
VWAP on day of vesting:                   R67.59
Matching shares vested and sold:          104
Sale price per share:                     R64.50
Value of shares sold:                     R6,708.00

Name:                                     WA de Klerk
Director:                                 Exxaro Resources Limited
Pledged shares vested and released:       234
Strike price per pledged share:           R162.00
VWAP on day of vesting:                   R67.59
Shares transferred into his portfolio:    234
Deemed value of transferred shares:       R15 116.40 (based on the closing market
                                          price of R64.60 per share as at 8 September
                                          2015)

Name:                                     Dr N Tsengwa
Director:                                 Exxaro Coal Mpumalanga Proprietary Limited
Pledged shares vested and released:       97
Strike price per pledged share:           R161.45
VWAP on day of vesting:                   R67.59
Matching shares vested and sold:          47
Sale price per share:                     R64.59
Value of shares sold:                     R3 035.73
Shares transferred into her portfolio:    50
Deemed value of transferred shares:       R3 230.00 (based on the closing market price
                                          of R64.60 per share as at 8 September 2015)

CH WESSELS
GROUP COMPANY SECRETARY

Sponsor
Deutsche Securities (SA) Proprietary Limited

10 September 2015

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