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KIO - Kumba Iron Ore Limited - Proceedings in relation to The Residual Sishen Mine Mineral Rights 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") PROCEEDINGS IN RELATION TO THE RESIDUAL SISHEN MINE MINERAL RIGHTS Shareholders were previously advised that, as a result of the failure by ArcelorMittal South Africa Limited ("Mittal") to convert its former old order mining right in relation to a 21,4% undivided interest in the Sishen Mine, its old order mining right had lapsed. Accordingly, Sishen Iron Ore Company (Proprietary) Limited ("SIOC"), which mines the Sishen Mine, applied for a mining right in relation to the residual undivided 21.4% rights in respect of the Sishen Mine. SIOC was informed, during February 2010, that the Department of Mineral Resources ("DMR") had granted a prospecting right on 30 November 2009 to Imperial Crown Trading 289 (Proprietary) Limited ("Imperial Crown Trading") in relation to the residual undivided 21.4% of the Sishen Mine. On 1 March 2010 SIOC lodged an appeal with the DMR against the decision to grant the prospecting right to Imperial Crown Trading. Shareholders were advised on 24 May 2010 that SIOC had initiated a review application in the North Gauteng High Court on 21 May 2010 in relation to the decision of the DMR to grant a prospecting right to Imperial Crown Trading. SIOC has now been informed by the Minister of Mineral Resources ("the Minister") that she has decided to uphold the decision of the Deputy Director General to grant the application for a prospecting right to Imperial Crown Trading and that SIOC`s appeal against the grant of the prospecting right to Imperial Crown Trading has not been upheld. SIOC remains firmly of the view that the review proceedings which it has instituted in relation to the decision of the DMR to grant a prospecting right to Imperial Crown Trading are justified. SIOC will file its supplementary founding affidavit in the review proceedings during the week commencing 23 August 2010 and it is anticipated that the respondents will file their answering affidavits during the course of September 2010. 18 August 2010 Pretoria Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 18/08/2010 08:00:03 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.
