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 (01/04/2016 to 01/04/2019) Nature of interest: Direct Beneficial Date of transaction: 2 April 2019 LTIP vesting date 1 April 2019 Vesting period: 3 years Name: E Cockrell Position: Director: Exxaro International Trading AG Total LTIP shares vested and sold 8 088 Sale price per share R166.80 Value of shares sold R1,349,078.40 Name: PA Koppeschaar Position: Director: Exxaro International Trading AG; Exxaro Resources Limited Total LTIP shares vested and sold 47,744 Sale price per share R166.80 Value of shares sold R7,963,699.20 Name: MDM Mgojo Position: Director: Exxaro Resources Limited Total LTIP shares vested 190 337 LTIP shares released 100 402 LTIP shares sold 89 935 Sale price per share R166.80 Value of shares sold R15,001,158.00 Name: N Tsengwa Position: Director: Exxaro Coal Proprietary Limited Total LTIP shares vested and sold 41 673 Sale price per share R166.80 Value of shares sold R6,951,056.40 Name: SE van Loggerenberg Position: Group Company Secretary: Exxaro Resources Limited Total LTIP shares vested and sold 8 682 Sale price per share R166.80 Value of shares sold R1,448,157.60 Name: MR Walker Position: Director: Exxaro Coal Proprietary Limited, Exxaro International Trading AG Total LTIP shares vested 21 667 LTIP shares released 11 429 LTIP shares sold 10 238 Sale price per share R166.80 Value of shares sold R1,707,698.40 SE VAN LOGGERENBERG GROUP COMPANY SECRETARY 5 April 2019 Sponsor to Exxaro: Absa Corporate and Investment Bank, a division of Absa Bank Limited Date: 05/04/2019 08:42:00 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.