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KIO - Kumba Iron Ore Limited - Exercise and subsequent sale of share options by

Release Date: 30/07/2010 10:58
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 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: Director: Christo van Loggerenberg Company: Sishen Iron Ore Company (Pty) Ltd (a major subsidiary of Kumba Iron Ore Limited) Date of transaction: 28 July 2010 Nature of transaction: Off market exercise of options Class of securities Options in respect of ordinary shares Number of options exercised 3,810 Option strike price: R124.27 Value of transaction: R473,468.70 Date of transaction: 29 July 2010 Nature of transaction: On market sale of shares Class of securities: Ordinary shares Number of shares sold: 3,810 shares
Selling price: R372.73 per share Value of transaction: R1,420,101.30 Nature of interest: Direct beneficial
Clearance in terms of 3.66 of the JSE Listings Requirements has been obtained. Centurion 30 July 2010 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: 30/07/2010 10:58:01 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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