Grant and acceptance of share options by directors 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” or “the company”) GRANT AND ACCEPTANCE OF SHARE OPTIONS BY DIRECTORS In terms of the Listings Requirements of the JSE Limited, the following information is disclosed: Director: Norman Mbazima Company: Kumba Iron Ore Limited Grant date: 11 April 2016 Acceptance date: 11 April 2016 Nature of transaction: Off market grant and acceptance of bonus shares in terms of the Kumba Deferred Bonus Arrangement (“DBA”) Class of securities: Ordinary shares Number of bonus shares: 143,520 Price per share: R42,09 Value of transaction: R6,040,756.80 Vesting period: Bonus shares vest after three years in terms of the Kumba DBA Nature of interest: Direct beneficial Clearance obtained: Yes Director: Norman Mbazima Company: Kumba Iron Ore Limited Grant date: 11 April 2016 Acceptance date: 11 April 2016 Nature of transaction: Off market grant and acceptance of Long Term Incentive Plan (“LTIP”) options Class of securities: Ordinary shares Number of options: 313,980 Option strike price: R42,09 Value of transaction: R13,215,418.20 Vesting period: Share options vest after three years on certain performance criteria being met in terms of the Kumba LTIP Nature of interest: Direct beneficial Clearance obtained: Yes Director: Frikkie Kotzee Company: Kumba Iron Ore Limited Grant date: 11 April 2016 Acceptance date: 12 April 2016 Nature of transaction: Off market grant and acceptance of Long Term Incentive Plan (“LTIP”) options Class of securities: Ordinary shares Number of options: 94,918 Option strike price: R42,09 Value of transaction: R3,995,098.62 Vesting period: Share options vest after three years on certain performance criteria being met in terms of the Kumba LTIP Nature of interest: Direct beneficial Clearance obtained: Yes 12 April 2016 Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 12/04/2016 02:25:00 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.