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KIO - Kumba - Exercise and sale of share options by director of major subsidiary

Release Date: 01/11/2007 11:11
Code(s): KIO
Wrap Text

KIO - Kumba - Exercise and sale of share options by director of major subsidiary Kumba Iron Ore Limited A member of the Anglo American plc group (Incorporated in the Republic of South Africa) (Registration number 2005/015852/06) Share code: KIO ISIN: ZAE000085346 ("Kumba") EXERCISE AND SALE OF SHARE OPTIONS BY DIRECTOR OF MAJOR SUBSIDIARY In terms of paragraph 3.63 - 3.65 of the Listings Requirements of the JSE Limited, the following information, relating to the exercise and sale of share options by a director of a major subsidiary of Kumba is disclosed: Name of major subsidiary: Sishen Iron Ore Company (Pty) Ltd Name of director: Willem van Heerden Date of transaction: 24 October 2007 Option price: R22.04 Number of securities 6,000 Class of securities: Ordinary shares Aggregate consideration: R132,240.00 Nature of transaction: Exercise and sale of share options Nature of interest: Direct beneficial Clearance in terms of 3.66 of the JSE Listings Requirements has been obtained. Delivery and payment of share options has been completed in terms of the Kumba Management Share Option Scheme. Pretoria 1 November 2007 Sponsor Deutsche Securities (SA) (Proprietary) Ltd Date: 01/11/2007 11:11:47 Supplied by www.sharenet.co.za Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.

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