EXX - Exxaro Resources Limited - Acceptance of conditional awards granted

EXX - Exxaro Resources Limited - Acceptance of conditional awards granted       
in terms of the deferred bonus plan scheme ("DBP Scheme") to directors of       
Exxaro and its major subsidiaries                                               
EXXARO RESOURCES LIMITED                                                        
(Incorporated in the Republic of South Africa)                                  
Registration Number:  2000/011076/06                                            
JSE share code:  EXX                                                            
ISIN:  ZAE000084992                                                             
ADR code:  EXXAY                                                                
("Exxaro")                                                                      
ACCEPTANCE OF CONDITIONAL AWARDS GRANTED IN TERMS OF THE DEFERRED BONUS         
PLAN SCHEME ("DBP SCHEME") TO DIRECTORS OF EXXARO AND ITS MAJOR                 
SUBSIDIARIES                                                                    
In terms of paragraphs 3.63 and 3.65 of the JSE Listings Requirements           
notice is hereby given that directors of Exxaro and its major subsidiaries      
received and accepted awards granted in terms of the DBP Scheme, after          
having received clearance to do so in terms of paragraph 3.66 of the JSE        
Listings Requirements.                                                          
Class of shares:         Ordinary                                               
Nature of transaction:   Acceptance of conditional awards released in terms     
                        of the DBP Scheme                                       
Nature of interest:      Direct Beneficial                                      
DBP vesting date:        01 December 2014                                       
Vesting period:          3 years                                                
Name:                    WA de Klerk                                            
Director:                Exxaro Resources Limited                               
Strike price per share:  R179.00                                                
Date of transaction:     01 December 2011                                       
Number of shares:        355                                                    
Value of shares:         R63,545.00                                             
Name:                    MDM Mgojo                                              
Director:                Exxaro Coal (Pty) Limited                              
Strike price per share:  R179.00                                                
Date of transaction:     01 December 2011                                       
Number of shares:        252                                                    
Value of shares:         R45,108.00                                             
Name:                    SA Nkosi                                               
Director:                Exxaro Resources Limited                               
Strike price per share:  R179.00                                                
Date of transaction:     01 December 2011                                       
Number of shares:        569                                                    
Value of shares:         R101,851.00                                            
Name:                    WH van Niekerk                                         
Director:                Exxaro Coal (Pty) Limited                              
Strike price per share:  R178.94                                                
Date of transaction:     01 December 2011                                       
Number of shares:        304                                                    
Value of shares:         R54,397.76                                             
05 December 2011                                                                
CH WESSELS                                                                      
GROUP COMPANY SECRETARY                                                         
Sponsor                                                                         
Deutsche Securities (SA) (Proprietary) Limited                                  
Date: 05/12/2011 10:30:01 Supplied by www.sharenet.co.za                     
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