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EXXARO RESOURCES LIMITED - EXX - Revised Trading Statement for the year ended 31 December 2017

Release Date: 06/03/2018 17:45
Code(s): EXX     PDF:  
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EXX - Revised Trading Statement for the year ended 31 December 2017

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” or the “Group”)

REVISED TRADING STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2017

In compliance with section 3.4(b) of the JSE Listings Requirements, Exxaro is pleased to provide further guidance to the
market regarding the anticipated headline earnings per share (HEPS) and attributable earnings per share (AEPS) ranges
for the year ended 31 December 2017, after finalisation of the implementation costs associated with the Replacement
BEE Transaction.

Further to the trading statement published on 2 March 2018, shareholders are advised that HEPS for the year ended
31 December 2017 will be between 452 cents per share and 532 cents per share in comparison to HEPS of 1 302 cents
per share for the year ended 31 December 2016. The trading statement of 2 March 2018 indicated a HEPS of between
24 cents per share and 29 cents per share for the year ended 31 December 2017.

AEPS for the year ended 31 December 2017 will increase between 15% and 23% for the year ended 31 December 2017
compared to 1 600 cents per share for the year ended 31 December 2016. The trading statement of 2 March 2018
indicated an AEPS decrease of between 6% and 15% (approximately between 1 360 cents per share and 1 500 cents per
share) for the year ended 31 December 2017.

The range previously provided in the trading statement of 2 March 2018 for core HEPS and core AEPS will remain
unchanged (an increase between 30% and 42% compared to 1 457 cents per share for the year ended
31 December 2016).

Shareholders are advised that Exxaro will release its reviewed financial results for the year ended 31 December 2017 on
8 March 2018.

The forecast financial information on which this trading statement is based has not been reviewed, audited nor reported
on by Exxaro’s external auditors.

This statement is issued in compliance with the JSE Listings Requirements.

Editor’s note:
Exxaro is one of the largest South African based diversified resources companies, with interests in the coal, titanium
dioxide and chemicals, iron ore and renewable energy commodities. www.exxaro.com

Enquiries:
Mzila Mthenjane, Executive head: Stakeholder Affairs
Tel: + 27 12 307 7393
Mobile: +27 83 417 6375
Email: Mzila.mthenjane@exxaro.com

Saret van Loggerenberg
Group Company Secretary and Legal

Pretoria
6 March 2018

Sponsor
Absa Bank Limited, acting through its corporate and investment banking division

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