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KIO - Kumba Iron Ore Limited - Closed period share repurchase programme

Release Date: 30/12/2010 17:00
Code(s): KIO
Wrap Text

KIO - Kumba Iron Ore Limited - Closed period share repurchase programme 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" or "the Company") CLOSED PERIOD SHARE REPURCHASE PROGRAMME In compliance with the Listings Requirements of the JSE Limited ("JSE"), shareholders are advised that Kumba has entered into a repurchase programme to repurchase ordinary shares which will continue into its closed period. This closed period commences on 31 December 2010 and ends on or about 10 February 2011 when the Company`s annual results are scheduled to be released on SENS. In terms of the repurchase programme the broker has been mandated to repurchase 230,000 ordinary shares in the share capital of the Company at prices not exceeding a premium of 10% to the volume weighted average trading price of the Company`s ordinary shares over the five trading days preceding any particular repurchase from time to time. Any repurchases will be effected within the limits of the programme, as per the special resolution approved by shareholders at the annual general meeting held on 31 March 2010 and the JSE Listings Requirements. Centurion 30 December 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: 30/12/2010 17:00:01 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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