Acceptance of rights to participate in Share Incentive Plan 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") ACCEPTANCE OF RIGHTS TO PARTICIPATE IN SHARE INCENTIVE PLAN On 5 August 2014, Executive Directors of Kumba accepted rights to participate in the Company’s Long Term Incentive Plan. Conditional share plan awards made in terms of the rules of the Long Term Incentive Plan are off market and are subject to specified performance conditions measured over a period of three years, i.e. 2014 to 2016, and will vest if such conditions are met at the end of the three year performance period. Director and Chief Executive officer: Mr NB Mbazima Company: Kumba Conditional award: 31,523 Deemed value based on grant date price of R375.18 R11 826 799.14 Nature of interest: Direct Beneficial Director and Chief Financial Officer: Mr FT Kotzee Company: Kumba Conditional award: 9,841 Deemed value based on grant date price of R375.18 R3 692 146.38 Nature of interest: Direct Beneficial The allocations have been approved by the Remuneration Committee of the Board. 5 August 2014 For enquiries contact: Avanthi Parboosing Company Secretary Kumba Iron Ore Limited Tel: (012) 683 1736 Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 05/08/2014 04:45:00 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.