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EXXARO RESOURCES LIMITED - Trading statement for the six-month period ended 30 June 2013

Release Date: 08/08/2013 13:00
Code(s): EXX     PDF:  
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Trading statement for the six-month period ended 30 June 2013

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 2013

Shareholders are advised that Exxaro will release its reviewed financial results for the six-month period
ended 30 June 2013 on Thursday, 22 August 2013.

A decrease in consolidated net operating profit for the group is expected when compared with the
corresponding period in 2012, mainly due to:

  -    the non-recurring profits realised during 2012 on the sale of the mineral sands and zinc
       operations and other assets of R4 123 million; and
  -    the shortfall created of R1 918 million in 2013 as a result of the reduced contribution to the overall
       group net operating profit from the operations sold in 2012.

The group also recorded a pre-tax impairment loss of R292 million on the carrying value of property,
plant and equipment of the New Clydesdale Colliery (NCC) coal operation in Mpumalanga during the
six-month period ended 30 June 2013. Please refer to a separate SENS announcement made today
(8 August 2013) regarding Exxaro contemplating the cessation of production at NCC.

Attributable earnings for the six-month period ended 30 June 2013 are expected to be between
R1 975 and R2 289 million. This equates to attributable earnings per share of between 556 and
645 cents, representing a decrease of between 74% and 78% when compared with the comparative
period in 2012.

Headline earnings per share are expected to be between 627 cents and 727 cents, representing a
decrease of between 37% and 45% when compared with the comparative period in 2012.

The forecast financial information on which this trading statement is based has not been reviewed,
audited nor reported on by Exxaro’s 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, titanium dioxide,
ferrous and energy 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
08 August 2013

Sponsor
Deutsche Securities (SA) Proprietary Limited

Date: 08/08/2013 01:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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