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KIO - Kumba Iron Ore Limited - Exercise And Subsequent Sale Of Share Options By

Release Date: 21/08/2008 14:53
Code(s): KIO
Wrap Text

KIO - Kumba Iron Ore Limited - Exercise And Subsequent 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) JSE Share code: KIO ISIN: ZAE000085346 ("Kumba") EXERCISE AND SUBSEQUENT SALE OF SHARE OPTIONS BY DIRECTOR OF MAJOR SUBSIDIARY In compliance with the Listings Requirements of the JSE Limited, the following information is disclosed: Name of major subsidiary: Sishen Iron Ore Company (Pty) Ltd Name of director: Willem van Heerden Date of transaction: 20 August 2008 Nature of transaction: Exercise of options and subsequent sale of shares Option strike price: R22.04 Number of options 1500 Class of securities Options in respect of ordinary shares Value of exercise: R33,060.00 Number of shares sold: 1500 Selling price: R229.10 Value of sale: R343,650.00 Nature and extent of Direct beneficial director`s interest: Clearance in terms of paragraph 3.66 of the JSE Listings Requirements has been obtained. Centurion 21 August 2008 Enquiries contact: Mr VF Malie Company Secretary Kumba Iron Ore Limited Tel: (012) 683 7060 Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 21/08/2008 14:53:01 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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