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 directors of Exxaro and major subsidiaries of Exxaro exercised awards granted in terms of the Long Term Incentive Plan Scheme (LTIP Scheme) and sold Exxaro ordinary shares, 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: Exercise awards vested and released and on market sale in terms of the LTIP Schemes targets over a period of 3 years (01/04/2015 to 03/04/2018) Nature of interest: Direct Beneficial Date of transaction: 5 April 2018 LTIP vesting date 3 April 2018 Vesting period: 3 years Name: E Cockrell Position: Director: Exxaro International Trading AG Total LTIP shares vested and sold 6 110 Sale price per share R110.75 Value of shares sold R676 682.50 Name: PA Koppeschaar Position: Director: Exxaro International Trading AG; Exxaro Resources Limited Total LTIP shares vested and sold 36 077 Sale price per share R110.75 Value of shares sold R3 995 527.75 Name: MDM Mgojo Position: Director: Exxaro Resources Limited Total LTIP shares vested 74 925 LTIP shares released 37 837 LTIP shares sold 546 Sale price per share R112.04 Value of shares sold R61 173.84 LTIP shares sold 36 542 Sale price per share R110.75 Value of share sold R4 047 026.50 Name: N Tsengwa Position: Director: Exxaro Coal Proprietary Limited Total LTIP shares vested and sold 31 488 Sale price per share R110.75 Value of shares sold R3 487 296 Name: MR Walker Position: Director: Exxaro Coal Proprietary Limited, Exxaro International Trading AG Total LTIP vested and sold 16 371 Sale price per share R110.75 Value of shares sold R1 813 088.25 Name: SE van Loggerenberg Position: Group Company Secretary: Exxaro Resources Limited Total LTIP shares vested and sold 6 561 Sale price per share R110.75 Value of shares sold R726 630.75 SE VAN LOGGERENBERG GROUP COMPANY SECRETARY 9 April 2018 Company sponsor to Exxaro Absa Bank Limited, acting through its corporate and investment banking division Date: 09/04/2018 12:29:00 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.