Update on residual 21.4% mining right for Sishen mine 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”) Kumba update on residual 21.4% mining right for Sishen mine and cautionary announcement Kumba Iron Ore Limited (“Kumba”) has received notice from the Department of Mineral Resources (“DMR”) that the Director General of the DMR has consented to the amendment of Sishen Iron Ore Company (Pty) Ltd (“SIOC’s”) mining right in respect of the Sishen mine to include the residual 21.4% undivided share of the mining right for the Sishen mine. Kumba has noted that the consent to amend SIOC’s mining right is stated to be subject to a number of conditions, which are described by the DMR as “proposals”. Kumba and SIOC are currently considering the terms of the consent and the legal and practical implications of the proposed conditions on Kumba and SIOC. Once Kumba and SIOC have had an opportunity to engage fully with the DMR in this regard and to consider the precise meaning and scope of the proposed conditions, shareholders will be updated as appropriate. Shareholders are advised to exercise caution when trading in the Company’s shares and securities. Notes to editors: The Constitutional Court ruled on 12 December 2013 that the residual 21.4% undivided share of the mining right in respect of SIOC’s Sishen mine remained available for allocation by the DMR and that, based on the provisions of the Mineral and Petroleum Resources Development Act (“MPRDA”), only SIOC could apply to be granted the residual right. SIOC subsequently applied to the DMR in relation to the residual right. Centurion 3 November 2015 For further information, please contact: Media Investors Nikki Wetzlar Nerina Bodasing Tel: +27 (0)12 683 7019 Tel: +27 (0)12 622 8324 Mobile: +27 (0) 82 561 7407 Mobile: +27 (0) 82 940 7505 Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 03/11/2015 03:00:00 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.