2016 Final dividend currency exchange rates South32 Limited (Incorporated in Australia under the Corporations Act 2001 (Cth)) (ACN 093 732 597) ASX / LSE / JSE Share Code: S32 ISIN: AU000000S320 south32.net 2016 FINAL DIVIDEND CURRENCY EXCHANGE RATES South32 Limited (AS X, LSE, JSE: S32) (South32) advises the currency exchange rates applicable for the final dividend of US 1 cent per share in respect of the 2016 financial year. The US cent currency conversion rates applicable to the dividend payable in Australian cents, British pence and New Zealand cents are det ailed below and were determined as the volume weighted average price achieved on foreign exchange trades executed over the period 19 to 22 September 2016: Currency Exchange rate Dividend per ordinary share in local currency Australian cents 0.757553 1.320040 British pence 1.297857 0.770501 New Zealand cents 0.731300 1.367428 On 12 Sept ember 2016, South32 announced to the Johannesburg Stock Exchange that the US cent currency exchange rate applicable to the dividend payable in South Africa cents to shareholders on the Sout h African branch register on the Record Dat e is the volume weighted average price achieved on foreign exchange trades executed on 9 and 12 September 2016: Currency Exchange rate Dividend per ordinary share in local currency South African cents 14.32752 14.32752 The dividend will be paid on 6 October 2016. About South32 South32 is a globally diversified mining and metals company with high quality operations in Australia, Southern Afric a and South America. Our purpose is to make a differenc e by developing natural resources, improving people’s lives now and for generations to come. We are trusted by our owners and partners to realise the potential of their resourc es. We have a simple strategy to maximise the potential of our assets and shareholder returns by optimising our existing operations, unlocking their potential and identifying new opportunities to compete for capital. FURTHER INFORMATION INVESTOR RELATIONS Alex Volante Rob Ward T +61 8 9324 9029 T +61 8 9324 9340 M +61 403 328 408 M +61 431 596 831 E Alex.Volante@south32.net E Robert.Ward@south32.net MEDIA RELATIONS James Clothier T +61 8 9324 9697 M +61 413 319 031 E James.Clothier@south32.net Further information on South32 can be found at www.south32.net. 22 September 2016 JSE Sponsor: UBS South Africa (Pty) Ltd 22 September 2016 Date: 22/09/2016 10:30:00 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.