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KUMBA IRON ORE LIMITED - Sishen Mine Illegal Occupation By Strikers Ended

Release Date: 16/10/2012 09:30
Code(s): KIO     PDF:  
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Sishen Mine Illegal Occupation By Strikers Ended

Kumba Iron Ore Limited
A member of the Anglo American plc group
(Incorporated in the Republic of South Africa)
(Registration number 2005/015852/06)
Share code: KIO
ISIN: ZAE000085346
("Kumba" or “the Company”)


SISHEN MINE ILLEGAL OCCUPATION BY STRIKERS ENDED

Kumba announces that the illegal occupation of the Company’s Sishen
Mine has been brought to an end by the police who removed the
strikers in the early hours of the morning (Tuesday, 16 October
2012). The Company has regained possession of all the heavy mining
equipment which was held by the illegal strikers who occupied the
mine since 3 October 2012. Any damage to equipment is being assessed
and the Company has plans in place to restore the mine to full
production as soon as possible.

The majority of the illegal strikers ignored an ultimatum to leave
the mine and report for disciplinary hearings by 11:00 on Monday, 15
October 2012 to explain why they should not be dismissed. As a
result, those persons have been dismissed. Criminal charges of
extortion, intimidation, theft, trespassing, malicious damage to
property and contempt of court have been laid.

On Monday, 15 October 2012, the Company served a Labour Court order
on the illegal strikers, instructing them to immediately leave the
mine, release the equipment they hold, and not come within 500m of
the Company's premises. The Court also instructed the SAPS to remove
the illegal strikers should they not obey the order.

Norman Mbazima, Kumba’s Chief Executive, said that the ending of the
occupation means that the Company can get back to the business of
mining iron ore as soon as possible. He thanked the vast majority of
employees who did not support the strike, and calls for calm. He also
thanked the SAPS for bringing the occupation to an end in a
professional manner. Employees will be informed today when they need
to report for duty.

The Company will provide further updates as appropriate.

For further information, please contact:

Gert Schoeman
Manager Communication and Branding
gert.schoeman@angloamerican.com
+27 (0)12 683 7019
+27 (0)83 259 6843

Centurion
16 October 2012

Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

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