Exercise of matching awards in terms of the Deferred Bonus Plan Scheme EXXARO RESOURCES LIMITED Incorporated in the Republic of South Africa (Registration Number: 2000/011076/06) JSE share code: EXX ISIN code: ZAE000084992 ADR code: EXXAY (Exxaro) EXERCISE OF MATCHING AWARDS IN TERMS OF THE DEFERRED BONUS PLAN SCHEME (DBP 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 Exxaro’s major subsidiary company exercised the matching awards granted in terms of the DBP Scheme, 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 matching awards vested in terms of the DBP Scheme Nature of interest: Direct Beneficial Date of transaction: 12 September 2014 DBP vesting date: 31 August 2014 Vesting period: 3 years Name: N Tsengwa Director: Exxaro Coal Mpumalanga Proprietary Limited Matching shares vested and released: 177 Strike price per share: R178.97 Shares pledged and released: 177 Shares transferred into her portfolio: 354 Deemed value of matching shares: R24, 957.00 (based on the closing market price of R141.00 per Exxaro share as at 11 September 2014) 16 September 2014 CH WESSELS GROUP COMPANY SECRETARY Sponsor Deutsche Securities (SA) Proprietary Limited Date: 16/09/2014 03:45:00 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.