2017 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 ADR: SOUHY ISIN: AU000000S320 south32.net 2017 FINAL DIVIDEND CURRENCY EXCHANGE RATES South32 Limited (ASX, LSE, JSE: S32; ADR: SOUY) (South32) advised on 24 August 2017 that the Board resolved to pay a final dividend of US 6.4 cents per share (fully franked) for the full year ended 30 June 2017. The dividend payment date is 12 October 2017. The US cent currency exchange rate applicable to the dividend payable in Australian cents, British pence and New Zealand cents is determined as the volume weighted average price achieved on foreign exchange trades executed over the period 8 September 2017 to 20 September 2017, and is detailed below: Currency Exchange rate Dividend per ordinary share in local currency Australian cents 0.801569 7.984341 British pence 1.334800 4.794726 New Zealand cents 0.736210 8.693172 On 11 September 2017, South32 announced to the Johannesburg Stock Exchange that the US cent currency exchange rate applicable to the dividend payable in South African cents to shareholders on the South African branch register on the Record Date is the volume weighted average price achieved on foreign exchange trades executed over the period 4 September 2017 to 8 September 2017: Currency Exchange rate Dividend per ordinary share in local currency South African cents 12.88675 82.47520 About South32 South32 is a globally diversified mining and metals company with high quality operations in Australia, Southern Africa and South America. Our purpose is to make a difference 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 resources. We have a simple strategy to maximise the potential of our assets and shareholder returns by optimising our Registered Office: Level 35, 108 St Georges Terrace, Perth Western Australia 6000, Australia ABN 84 093 732 597 Registered in Australia existing operations, unlocking their potential and identifying new opportunities to compete for capital. FURTHER INFORMATION Shareholders can manage their shareholding via the Computershare Investor Centre at www.computershare.com to: - update their address, communication preferences, banking and tax details; - view their holdings, dividend and payment, and transaction history information; and - download statements and documents. Alternatively, refer to the relevant Investor Centre noted below if you have queries about your dividend: - Australian holders may visit online at www.computershare.com.au/Investor or by calling Computershare Investor Services on 1800 019 953 or +61 3 9415 4169 (Monday to Friday 8.30am to 5.00pm AEST) - South African holders may call Smart number: 0861 100 950 - UK Depositary Interest holders may visit online at www.investorcentre.co.uk Further information on South32 can be found at www.south32.net. JSE Sponsor: UBS South Africa (Pty) Ltd 21 September 2017 Date: 21/09/2017 05:13:00 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.