EXXARO RESOURCES LIMITED - EXX - Share Transactions

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 a director of Exxaro and a major subsidiary of Exxaro received and accepted
conditional awards granted in terms of the Long-Term Incentive Plan scheme (LTIP scheme),
after having received clearance to do so in terms of paragraph 3.66 of the JSE Limited Listings
Requirements.

 LTIP performance period:                 The vesting of the LTIP awards is conditional
                                          upon the achievement of group performance
                                          targets of a period of 3 years (01/04/2019 to
                                          01/04/2022)
 Class of share:                          Ordinary
 Nature of interest:                      Direct Beneficial
 Offer price:                             R0.00
 Date of transaction:                     16 May 2019
 Vesting period:                          3 years

 Name:                                    PA Koppeschaar
 Position:                                Director: Exxaro Resources Limited; Exxaro
                                          International Trading AG
 LTIP award                               49 632
 Deemed value based on VWAP of            R8,178,360.96
 R164.78 per share on 01 April 2019


SE VAN LOGGERENBERG
GROUP COMPANY SECRETARY

20 May 2019

Sponsor
Absa Bank Limited, acting through its corporate and investment bank division
Date: 20/05/2019 08:51:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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