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 In compliance with paragraph 3.63 – 3.66 of the Listings Requirements of the JSE Limited, we hereby advise the following dealings by a director in ARM securities: Name of director Daniel Vusimusi Simelane Category of director Executive Date of transactions 10 March 2014 1. Nature of transaction Exercise of share options and on- market sale of shares Class of securities Ordinary shares Number of options exercised 39 359 share options Offer price of options 11 900 cents per share option: 20 000 share options granted on 5 June 2007 and tranches vested on 6 June 2010, 6 June 2011 and 6 June 2012 13 973 cents per share option: 19 359 granted on 16 October 2007 and tranches vested on 17 October 2008, 17 October 2009 and 17 October 2010 Number of securities sold 39 359 Selling price of securities Average price of R215.6091 per share (with a low of R215.00 and a high of R218.40) Total proceeds from sale of R8 486 158.57 securities Nature of interest Direct, beneficial Clearance to deal Yes 2. Nature of transaction On-market sale of shares Class of securities Ordinary shares Number of securities sold 10 055 Selling price of securities Average price of R215.004 per share (with a low of R215.00 and a high of R215.04) Total value of transaction R2 161 865.00 Nature of interest Direct, beneficial Clearance to deal Yes Sandton 11 March 2014 Sponsor to ARM: Deutsche Securities (SA) Proprietary Limited Date: 11/03/2014 05:00:00 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.