Exercise of conditional awards granted in terms of the Long Term Incentive Plan EXXARO RESOURCES LIMITED (Incorporated in the Republic of South Africa) Registration Number: 2000/011076/06 JSE share code: EXX ISIN: ZAE000084992 ADR code: EXXAY (Exxaro) EXERCISE OF CONDITIONAL AWARDS GRANTED IN TERMS OF THE LONG TERM INCENTIVE PLAN (LTIP SCHEME) BY A DIRECTOR OF EXXARO’S MAJOR SUBSIDIARY COMPANY In terms of paragraphs 3.63 to 3.65 of the JSE Limited Listings Requirements notice is hereby given that a director of major subsidiaries of Exxaro exercised awards granted in terms of the LTIP Scheme and sold Exxaro ordinary shares, after having received clearance to do so in terms of paragraph 3.66 of the JSE Limited Listings Requirements. Class of shares: Ordinary Nature of transaction: Exercise of conditional awards granted and on market sale in terms of the LTIP Scheme Nature of interest: Direct Beneficial Date of transaction: 04 April 2014 LTIP vesting date: 01 April 2014 Vesting period: 3 years Name: PE Venter Director: Exxaro Coal Proprietary Limited and Exxaro Coal Mpumalanga Proprietary Limited LTIP award: 13,433 Sale price per share R146.20 Value of shares: R1,963,904.60 07 April 2014 CH WESSELS GROUP COMPANY SECRETARY Sponsor Deutsche Securities (SA) Proprietary Limited Date: 07/04/2014 04:00:00 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.