EXX: Renewal of cautionary EXXARO RESOURCES LIMITED Incorporated in the Republic of South Africa (Registration Number: 2000/011076/06) JSE share code: EXX ISIN code: ZAE000084992 ADR code: EXXAY (“Exxaro” or the “Company”) RENEWAL OF CAUTIONARY Exxaro shareholders are referred to the various announcements released on the Stock Exchange News Service of the JSE Limited relating to the unwind of the Company’s existing BEE transaction and the proposed terms of the replacement BEE transaction, the salient terms of which were announced on 26 June 2017 (the “Detailed Cautionary Announcement”). The Company has entered into the Signed Agreements to bring into effect, subject to agreement of the Outstanding Matters in the Detailed Transaction Agreements, the MS333 Unwind, the Second Repurchase and the Replacement BEE Transaction, as set out in the Detailed Cautionary Announcement, which, if successfully concluded, may have a material effect on the Company’s securities. Accordingly, Exxaro shareholders are advised to continue to exercise caution when dealing in the Company’s securities until the Terms Announcement is made. Carina Wessels Group Company Secretary & Legal 7 August 2017 Sponsor Absa Bank Limited, acting through its corporate and investment banking division Date: 07/08/2017 07:05:00 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.