KUMBA IRON ORE LIMITED - Grant and acceptance of share awards by directors of a major subsidiary

Grant and acceptance of share awards by directors of a major subsidiary

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 AWARDS BY DIRECTORS OF A MAJOR
SUBSIDIARY

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

Director:                                   Billy Mawasha
Company:                                    Sishen Iron Ore Company (Pty) Ltd
Grant date:                                 01 March 2017
Acceptance date:                            11 March 2017
Nature of transaction:                      Off market grant and acceptance of bonus
                                            shares in terms of Kumba Deferred Bonus
                                            Arrangement
Class of securities:                        Ordinary shares
Number of bonus shares:                     11,688
Award price per share*:                     R211.79
Value of transaction:                       R2,475,401.52
Vesting period:                             Bonus shares vest after three years of the grant
                                            date
Nature of interest:                         Direct beneficial
Clearance obtained:                         Yes

Director:                                   Billy Mawasha
Company:                                    Sishen Iron Ore Company (Pty) Ltd
Grant date:                                 01 March 2017
Acceptance date:                            11 March 2017
Nature of transaction:                      Off market grant and acceptance of bonus
                                            shares in terms of the Kumba Forfeitable
                                            Share Plan
Class of securities:                        Ordinary shares
Number of bonus shares:                     10,314
Award price per share*:                     R211.79
Value of transaction:                       R2,184,402.06
Vesting period:                             Bonus shares vest after three years of the grant
                                            date, subject to certain performance conditions
                                            being met
Nature of interest:                         Direct beneficial
Clearance obtained:                         Yes

Director:                                   Seboleleng Virginia Tyobeka
Company:                                    Sishen Iron Ore Company (Pty) Ltd
Grant date:                                 01 March 2017
Acceptance date:                            10 March 2017
Nature of transaction:                      Off market grant and acceptance of bonus
                                            shares in terms of Kumba Deferred Bonus
                                            Arrangement
Class of securities:                        Ordinary shares
Number of bonus shares:                     6,200
Award price per share*:                     R211.79
Value of transaction:                       R1,313,098.00
Vesting period:                             Bonus shares vest after three years of the grant
                                            date
Nature of interest:                         Direct beneficial
Clearance obtained:                         Yes

Director:                                   Seboleleng Virginia Tyobeka
Company:                                    Sishen Iron Ore Company (Pty) Ltd
Grant date:                                 01 March 2017
Acceptance date:                            10 March 2017
Nature of transaction:                      Off market grant and acceptance of bonus
                                            shares in terms of the Kumba Forfeitable
                                            Share Plan
Class of securities:                        Ordinary shares
Number of bonus shares:                     4,616
Award price per share*:                     R211.79
Value of transaction:                       R977,622,64
Vesting period:                             Bonus shares vest after three years of the grant
                                            date subject to certain performance conditions
                                            being met
Nature of interest:                         Direct beneficial
Clearance obtained:                         Yes

*Award price per share is based on a 3-day VWAP leading to 16 February 2017.


14 March 2017

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

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