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 The exercise of share options and the subscription for shares by the Executive Chairman of ARM. A. In compliance with paragraph 3.63 – 3.66 of the Listings Requirements of the JSE Limited, we hereby advise of the following dealings by a Director of ARM in ARM securities: In terms of The ARM Share Incentive Scheme the share options described below will expire on 10 October 2013, if not exercised by that date. Name of director Patrice Motsepe Category of director Executive Chairman Date of transaction 5 October 2012 Nature of transaction Exercise of share options and acquisition of shares by subscription Class of securities Ordinary shares Offer/Option price 3 700 cents per share Options granted on 10 October 2005: Vested: 44 594 on 11 October 2006, 44 594 on 11 October 2007, and 44 596 on 11 October 2008 Number of securities 133 784 Market price of securities Closing price of R158.01 per share on Thursday, 4 October 2012 Total market value of R21 139 209.84 securities Nature of interest Direct, beneficial Clearance to deal Yes B. In terms of paragraph 3.63 – 3.66 of the Listings Requirements, the following information is provided regarding the election by the Executive Chairman of ARM, Mr Patrice Motsepe, to transfer his shares acquired by subscription as described in “A” above to Botho-Botho Commercial Enterprises (Pty) Limited (“BBCE”). The entire issued share capital of BBCE is held and beneficially owned by trusts established for the benefit of Mr Patrice Motsepe and his immediate family (Motsepe Family Structure). The requisite clearances and approval for this transaction have been obtained in compliance with the Securities Dealing Policies and Procedures of ARM. Date of transaction 5 October 2012 Nature of transaction Transfer of shares to the Motsepe Family Structure with no change in beneficial ownership Class of securities Ordinary shares Number of securities 133 784 Market value of securities Closing price of R158.01 per share on Thursday, 4 October 2012 Total market value of transaction Total value of shares transferred- R21 139 209.84 Nature of interest Indirect, beneficial Clearance to deal Yes Sandton 9 October 2012 Sponsor to ARM: Deutsche Securities (SA) (Proprietary) Limited Date: 09/10/2012 07:05:00 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.