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EXXARO RESOURCES LIMITED - EXX - Press Release: NUM Strike Action

Release Date: 14/09/2017 14:52
Code(s): EXX     PDF:  
Wrap Text
EXX - Press Release: NUM Strike Action

EXXARO RESOURCES LIMITED
Incorporated in the Republic of South Africa
(Registration Number: 2000/011076/06)
JSE share code: EXX
ISIN: ZAE000084992
ADR code: EXXAY
(“Exxaro” or “the Company”)

Press Release - NUM Strike Action

Exxaro can confirm that NUM has obtained a strike certificate and has given notice of their intention to embark on strike
action from 06h00 on Thursday 14 September 2017.

Mzila Mthenjane, “We've noted the decision by NUM to issue a strike notice. The strike action affects Grootegeluk Coal
Mine in Lephalale, as well as Leeuwpan Coal Mine in Delmas. We continue discussions with NUM in order to resolve and
reach agreement sooner to minimize impact on employees".

Negotiations with Solidarity, the other trade union recognised for collective bargaining, are continuing as they have not
declared a dispute with the company.

We are working closely with all other stakeholders to minimise any potential impact on coal supply.”

We remain committed to resolving the dispute with the NUM and we are continuing with engagements and remain
confident that an amicable resolution can be reached.

Ends

Editor’s note:

Exxaro is a South African-based Black empowered diversified mining company listed on the JSE and included in the
Responsible Mining Index. Our portfolio of coal operations includes mines in Mpumalanga and the Limpopo supplying to
Eskom, other domestic markets and the export markets. Our investment portfolio also includes a 50% interest in Cennergi
Pty Ltd, a joint venture with Tata Power, which has developed two wind farms with a combined generation capacity of
229MW (10% of the currently installed capacity of South Africa’s Renewable Energy Independent Power Producer
Procurement Programme (REIPPPP).

For more information visit www.exxaro.com

Enquiries:
Mzila Mthenjane
Executive Head: Stakeholder Affairs
Tel: +27 12 307 4481
Mobile: +27 83 417 6375
Email: mzila.mthenjane@exxaro.com

14 September 2017

Sponsor:
Absa corporate and investment bank, a division of Absa Bank Limited

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