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 the director of Exxaro exercised pledged and matching awards vested and released in terms of the Deferred Bonus Plan Scheme (DBP 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 of pledged and matching awards vested and released and an on- market sale in terms of the DBP Scheme Nature of interest: Direct Beneficial Date of transaction: 1 April 2019 DBP vesting date 31 March 2019 Vesting period: 3 years VWAP on date of vesting R164.78 Highest trading price of previous day R168.87 Lowest trading price of previous day R164.35 Name: Mr MDM Mgojo Position: Director: Exxaro Resources Limited Pledged shares vested, released and 10,511 transferred to personal portfolio Strike price per pledged shares 580 shares at R88.65 1,500 shares at R88.66 8,431 shares at R88.67 Matching shares vested and sold 5,665 Sale price per share R167.80 Value of shares sold R950,587.00 Matching shares vested and transferred to 5,779 personal portfolio SE VAN LOGGERENBERG GROUP COMPANY SECRETARY 2 April 2019 Sponsor to Exxaro: Absa Corporate and Investment Bank, a division of Absa Bank Limited Date: 02/04/2019 03:35:00 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.