Trading statement for the six months ending 30 June 2015 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") TRADING STATEMENT FOR THE SIX MONTHS ENDING 30 JUNE 2015 Kumba's results for the six months ending 30 June 2015 ("the period") will be released on SENS on 21 July 2015. Both headline earnings and basic earnings for the period are likely to be at least R1,302 million (20%) lower than the previous 6 months ended 30 June 2014 ("the comparative period"). Headline earnings and basic earnings reported for the comparative period (as released on SENS on 22 July 2014) were R6,505 million and R6,511 million respectively, while headline earnings per share ("HEPS") and earnings per share ("EPS") reported for the comparative period were R20.28 and R20.30 respectively. The decrease in earnings is primarily attributable to the significant decrease in export iron ore prices during the period. In this regard, both HEPS and EPS are also likely to be at least R4.06 (20%) lower than those of the comparative period. Shareholders are advised that a further trading statement will be issued in due course to provide forecast ranges for HEPS and EPS as required by the JSE Limited Listings requirements. The forecast financial information on which this trading statement is based has not been reviewed and reported on by the Company's external auditors. Pretoria 8 May 2015 Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 08/05/2015 10:39:00 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.