Voluntary trading statement for the six months ended 30 June 2014 Kumba Iron Ore Limited A member of the Anglo American plc group (Incorporated in the Republic of South Africa) (Registration number 2005/015852/06) JSE Share code: KIO ISIN: ZAE000085346 (“Kumba” or "the Company") VOLUNTARY TRADING STATEMENT FOR THE SIX MONTHS ENDED 30 JUNE 2014 Kumba is currently finalising its results for the six months ended 30 June 2014 ("the period"), which will be released on SENS on 22 July 2014. Headline earnings and basic earnings for the period are expected to be between R6,255 million and R6,895 million, with headline earnings per share ("HEPS") and earnings per share ("EPS") to be between R19.50 and R21.50. Headline earnings and basic earnings reported for the six months ended 30 June 2013 (as released on SENS on 23 July 2013) ("the comparative period") were R7,748 million and R7,759 million respectively while HEPS and EPS reported for the comparative period were R24.13 and R24.16 respectively. The decrease in earnings is largely attributable to a decrease in export iron ore prices. The financial information on which this trading statement is based has not been reviewed and reported on by the Company’s external auditors. Pretoria 11 July 2014 Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 11/07/2014 12:23:00 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.