EXX - Share Transactions 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) SHARE TRANSACTIONS In terms of paragraphs 3.63 to 3.65 of the JSE Limited Listings Requirements, notice is hereby given that an executive director of Exxaro and directors of its subsidiaries accepted awards granted, and bought shares in terms of the Deferred Bonus Plans Scheme (DBP Scheme), after having received clearance to do so in terms of paragraph 3.66 of the JSE Limited Listings Requirements. Class of shares: Ordinary Nature of transaction: Accepted offer and bought shares in terms of the DBP Scheme Nature of interest: Indirect Beneficial Date of transaction: 2 October 2017 DBP vesting date 1 September 2020 Vesting period: 3 years Name: Mr MDM Mgojo Position: Executive director and CEO Number of shares offered and bought: 1 047 Strike price per share: R125.00 Total value of shares R130 875.00 Name: Dr N Tsengwa Position: Director of Exxaro Coal Proprietary Limited Number of shares offered and bought: 342 Strike price per share: R125.50 Total value of shares R42 921.00 Name: Mr MR Walker Position: Director of Exxaro Coal Proprietary Limited and Exxaro International Trading AG Number of shares offered and bought: 193 Strike price per share: R125.48 Total value of shares R24 217.64 SE VAN LOGGERENBERG GROUP COMPANY SECRETARY 4 October 2017 Sponsor Absa Bank Limited, acting through its corporate and investment bank division Date: 04/10/2017 10:25:00 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.