Trading Statement for the six-month period ended 30 June 2018 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”) TRADING STATEMENT FOR THE SIX-MONTH PERIOD ENDED 30 JUNE 2018 Shareholders are advised that Exxaro and its directors have reasonable certainty relating to the expected financial results of Exxaro for the six-month period ended 30 June 2018. Attributable earnings per share (AEPS) for the six-month period ended 30 June 2018 are expected to be between 1 205 cents per share and 1 315 cents per share, an increase of between 41% and 54%, compared to 852 cents per share reported for the six-month period ended 30 June 2017. Headline earnings per share (HEPS) for the six-month period ended 30 June 2018 are expected to be between 1 160 cents per share and 1 270 cents per share, an increase of between 32% and 44%, compared to 882 cents per share reported for the six-month period ended 30 June 2017. Whilst the coal business benefited from higher selling prices and volumes, the increases in AEPS and HEPS are mainly due to the movement in the number of shares as a result of the implementation of the Replacement BEE Transaction during 2017, resulting in the BEE shares being treated as treasury shares and therefore excluded from the weighted average number of shares. Shareholders are advised that Exxaro will release its reviewed financial results for the six-month period ended 30 June 2018 on 16 August 2018. Further details are available on our website, www.exxaro.com. 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 Pretoria 8 August 2018 Sponsor ABSA Bank Limited (acting through its Corporate and Investment Banking division) Date: 08/08/2018 04:00:00 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.