ARI - African Rainbow Minerals Limited - Director`s dealings in ARM securities

ARI - African Rainbow Minerals Limited - Director`s dealings in ARM securities  
African Rainbow Minerals Limited                                                
(Incorporated in the Republic of South Africa)                                  
(Registration Number 1933/004580/06)                                            
JSE Share code: ARI                                                             
ISIN: ZAE000054045                                                              
("ARM")                                                                         
Director`s dealings in ARM securities                                           
In compliance with paragraph 3.63 - 3.66 of the Listings Requirements of the JSE
Limited, we hereby advise the following dealings by a director in ARM           
securities:                                                                     
Name of director                 Jan Christiaan Steenkamp                       
Category of director             Executive                                      
Date of transaction              1 March 2011                                   
Nature of transaction            Exercise of share options and on-market sale   
of shares                                       

Class of securities              Ordinary shares                                
Offer price                      3 700 cents per option                         
                                Options granted on 10 October 2005 and          
vested on 11 October 2007                       

Number of securities             12 635                                         
Selling price of securities      Average price of R212.997 per share (with a    
                                low of R211.21 and a high of R213.50)           
Total value of transaction       R2 691 217.10                                  
Nature of interest               Direct, beneficial                             
Clearance to deal                Yes                                            
Sandton                                                                         
2 March 2011                                                                    
Sponsor to ARM:                                                                 
Deutsche Securities (SA) (Proprietary) Limited                                  
Date: 02/03/2011 17:00:02 Supplied by www.sharenet.co.za                     
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