KUMBA IRON ORE LIMITED - Grant and acceptance of share options by a director of Kumba Iron Ore Ltd

Grant and acceptance of share options by a director of Kumba Iron Ore Ltd

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”)

GRANT AND ACCEPTANCE OF SHARE OPTIONS BY A DIRECTOR OF KUMBA IRON ORE LTD

In terms of the Listings Requirements of the JSE Limited, the following information is disclosed:

Director:                              Themba Moyeni Mkhwanazi
Company:                               Kumba Iron Ore Limited
Grant date:                            15 September 2016
Acceptance date:                       7 October 2016
Nature of transaction:                 Off market grant and acceptance of Long Term Incentive
                                       Plan (“LTIP”) options
Class of securities:                   Ordinary shares
Number of options:                     23 774
Option strike price:                   R126,19
Value of transaction:                  R3,000,041.06
Vesting period:                        Share options vest after three years on certain performance
                                       criteria being met in terms of Kumba LTIP
Nature of interest:                    Direct beneficial
Clearance obtained:                    Yes

7 October 2016


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

Date: 07/10/2016 01:58:00 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.