TRADING STATEMENT FOR THE SIX-MONTH PERIOD ENDED 30 JUNE 2012 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) TRADING STATEMENT FOR THE SIX-MONTH PERIOD ENDED 30 JUNE 2012 Shareholders are advised that Exxaro will release its reviewed financial results for the six-month period ended 30 June 2012 on 1 August 2012. It is expected that the mineral sands business will report a higher operating profit than the corresponding period in 2011 due to a general increase in selling prices for the products in addition to the partial impairment reversal of approximately R103 million of the carrying value of the property, plant and equipment at the KZN Sands operations. The coal business is expected to deliver lower operating profit than the corresponding period in 2011 primarily due to lower international and domestic selling prices coupled with lower volumes to Eskom, export and domestic markets. Headline earnings per share, which exclude the impact of the non-recurring profits realised on the sale of the mineral sands and base metals subsidiaries of approximately R5 billion, as well as the impact of the partial impairment reversal of the carrying value of the KZN Sands property, plant and equipment of approximately R103 million for the six-month period ended 30 June 2012, are expected to be between 1 093 cents and 1 186 cents, representing an increase of between 5% and 13% when compared with the corresponding period in 2011. Attributable earnings, which include the non-recurring net profits realised on the sale of the mineral sands and base metals subsidiaries and the partial impairment reversal of the carrying value of the KZN Sands property, plant and equipment for the six-month period ended 30 June 2012 are expected to be between R8 775 million and R9 136 million. This equates to attributable earnings per share of between 2 479 cents and 2 581 cents, representing an increase of between 169% and 180% when compared with the corresponding period in 2011. The forecast financial information on which this trading statement is based has not been reviewed, audited nor reported on by Exxaros external auditors. This statement is issued in compliance with the Listings Requirements of the JSE Limited. Editors note: Exxaro is one of the largest South African based diversified resources companies, with interests in the coal, mineral sands, base metals and iron ore commodities. www.exxaro.com Enquiries: Wim de Klerk Finance Director Tel: + 27 12 307 4848 Mobile: +27 82 652 5145 Email: wim.deklerk@exxaro.com Pretoria 24 July 2012 Sponsor Deutsche Securities (SA) (Proprietary) Limited Date: 24/07/2012 04:45:00 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.