Grant and acceptance of share options by a director 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 OPTIONS BY A DIRECTOR In terms of the Listings Requirements of the JSE Limited, the following information is disclosed: Director: Bothwell Anesu Mazarura Company: Kumba Iron Ore Limited Grant date: 1 September 2017 Acceptance date: 22 September 2017 Nature of transaction: Off market grant and acceptance of Long Term Incentive Plan (“LTIP”) options Class of securities: Ordinary shares Number of options: 15,496 Grant price*: R211.55 Value of transaction: R3,278,176.80 Vesting period: Share options vest after three years on certain performance criteria being met in terms of the Kumba LTIP Nature of interest: Direct beneficial Clearance obtained: Yes *Average purchase price is based on the average VWAP of transactions effected by the company over a period of 3 business days. The highest and lowest for each day were as follows: Date Highest price Lowest price 29 August 2017 R208.06 R204.44 30 August 2017 R211.70 R205.60 31 August 2017 R219.31 R208.00 26 September 2017 Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 26/09/2017 12:51:00 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.