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EXX - Exxaro Resources Limited - Update to the group financial results for the

Release Date: 24/02/2011 14:12
Code(s): EXX
Wrap Text

EXX - Exxaro Resources Limited - Update to the group financial results for the year ended 31 December 2010 Exxaro Resources Limited (Incorporated in the Republic of South Africa) Registration number: 2000/011076/06 JSE Share code: EXX ISIN code: ZAE000084992 ADR code: EXXAY ("Exxaro") UPDATE TO THE GROUP FINANCIAL RESULTS FOR THE YEAR ENDED 31 DECEMBER 2010 Further to the announcement released on SENS earlier today relating to the Exxaro Group financial results for the year ended 31 December 2010, Note 11 "Events after the Reporting Period" states that a final decision will be taken by the Exxaro board of directors on the development of the Fairbeeze mine as a replacement feedstock producer for the Hillendale mine at KZN Sands in the first half of 2011. Shareholders are advised that the Fairbreeze project has been approved by the Board on 23 February 2011 and construction is expected to start up in Q2 2011, subject to normal regulatory and environmental approvals. Pretoria 24 February 2011 Sponsor Deutsche Securities (SA) (Proprietary) Limited Date: 24/02/2011 14:12:01 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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