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KIO - Kumba - Results Of Arbitration

Release Date: 28/10/2009 13:50
Code(s): KIO
Wrap Text

KIO - Kumba - Results Of Arbitration 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") RESULTS OF ARBITRATION An award has been rendered in the arbitration between ArcelorMittal South Africa Limited ("Mittal") and the Sishen Iron Ore Company (Pty) Ltd ("SIOC"), a subsidiary of Kumba. The arbitration related to Mittal`s claim to be entitled to participate in the Sishen South project currently under development by SIOC. Whilst the arbitration proceedings are confidential in nature, the award of the Arbitration Panel is potentially materially price sensitive information and therefore required to be released on SENS. Accordingly, Kumba shareholders are advised that the Arbitration Panel has issued an award in favour of SIOC and has determined that Mittal is not entitled to participate in the Sishen South project. For further information please contact: Vincent Uren Tel.: +27 (0)12 683 7055 Tebello Chabana Tel.: +27 (0)12 683 7067 28 October 2009 Pretoria Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 28/10/2009 13:50:17 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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