KUMBA IRON ORE LIMITED - Report on proceedings at the annual general meeting

Report on proceedings at the annual general meeting

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”)

REPORT ON PROCEEDINGS AT THE ANNUAL GENERAL MEETING

At the eighth (8th) annual general meeting (“AGM”) of the
shareholders of Kumba held on Friday, 9 May 2014 all the ordinary and
special resolutions proposed at the meeting were approved by the
requisite majority of votes. In this regard, Kumba confirms the
voting statistics from the AGM as follows:


Resolutions                              Votes in Favour       Votes Against
                                         Number          %     Number        %
Ordinary Resolution Number 1:
Re-appointment of Deloitte & Touch as    293,736,692   100     nil          nil
independent external auditors and SBF
Carter as the designated auditor

Ordinary Resolution Number 2:
Election of AM O’Neill as a director     293,337,565   99.88   346,829     0.12
of the Company

Ordinary Resolution Number 3:
Election of the following non-
executive directors of the company who
retire by rotation                       
3.1 GS Gouws                             291,878,082   99.43   1,676,322    0.57
3.2 KT Kweyama                           291,300,367   99.23   2,254,037    0.77
3.3 LM Nyhonyha                          293,619,240   99.98   65,154       0.02

Ordinary Resolution Number 4:
Election of the following independent,
non-executive directors as members of
the Audit Committee                      
4.1 ZBM Bassa                            293,622,538   99.98   61,856       0.02
4.2 AJ Morgan                            293,622,538   99.98   61,856       0.02    
4.3 DD Mokgatle                          293,622,538   99.98   61,856       0.02
4.4 LM Nyhonyha                          293,622,538   99.98   61,856       0.02


Ordinary Resolution Number 5:
Election of the following independent,
non-executive directors as members of
the Social and Ethics Committee
5.1 DD Mokgatle                          293,622,538   99.98   61,856       0.02
5.2 AJ Morgan                            293,622,538   99.98   61,856       0.02
5.3 BP Sonjica                           293,622,538   99.98   61,856       0.02

Ordinary Resolution Number 6:
Approval of remuneration policy and      291,644,696   99.29   2,091,996    0.71
its implementation

Ordinary Resolution Number 7:
General authority for directors to       290,685,186   98.96   3,051,506   1.04
control 5% of authorised but unissued
shares

Special Resolution Number 1:
General authority to issue shares for    290,682,186   98.96   3,054,489   1.04
cash

Special Resolution Number 2:
Remuneration of non-executive            293,522,126   99.93   214,549     0.07
directors

Special Resolution Number 3:
Approval for the granting of financial   291,859,228   99.36   1,877,447   0.64
assistance

Special Resolution Number 4:
General authority to repurchase shares   293,319,158   99.86   417,517     0.14

Centurion
9 May 2014

For further information please contact:

Kevin Lester
Acting Company Secretary
Kumba Iron Ore Limited
Tel: (012) 683 7000

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

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