KUMBA IRON ORE LIMITED - Trading statement for the year ending 31 December 2015

Trading statement for the year ending 31 December 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 YEAR ENDING 31 DECEMBER 2015

Kumba’s results for the year ending 31 December 2015 ("the period")
will be released on the Stock Exchange News Service of the JSE Limited
(“SENS”) on 9 February 2016. Headline earnings and basic earnings for
the period are likely to be at least R2, 201 million (20%) and R2, 145
million lower than the previous year ended 31 December 2014,
respectively.

Headline earnings and basic earnings reported for the year ended
31 December 2014 (as released on SENS on 10 February 2015) ("the
comparative   period") were   R11,006  million  and  R10,724  million
respectively, while headline earnings per share (“HEPS”) and earnings
per share (“EPS”) reported for the comparative period were R34.32 and
R33.44 respectively.

The decrease in earnings is largely attributable to the significant
decrease in export iron ore prices during the year.

In this regard, HEPS and EPS are also likely to be at least R6.86/share
(20%) and R6.69 lower than those of the comparative period,
respectively. 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 Listing 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
6 November 2015

Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

Date: 06/11/2015 01:30:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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