CHANGES TO THE BOARD OF DIRECTORS OF EXXARO RESOURCES LIMITED

Shareholders of diversified resources group Exxaro are hereby advised, in compliance with paragraph 3.59 of the Listings Requirements of the JSE Limited, of the following changes to the Board of Directors (Board).

With reference to the previous announcement on 4 March 2016, the Board is pleased to announce that the actions Mr WA (Wim) de Klerk had to complete, prior to his separation from the Company, have either been completed or have progressed to a stage of finalisation and hence the Board has agreed to a termination date of 30 June 2016, instead of the previously communicated date of 31 August 2016.

The Board again thanks Wim for his dedicated service and commitment during his tenure and wishes him well for the future.

The Board is pleased to announce that Mr PA (Riaan) Koppeschaar will be succeeding Wim with effect from 1 July 2016. Riaan holds the following qualifications CA(SA), Advanced and Associate programmes in treasury management, Advanced Diploma in Taxation, Advanced management programme and he is a member of the Association of Corporate Treasurers.

He started his career in 1993 at the then Coopers & Lybrand and joined the then Iscor Limited in 1996. With the separate listing of Kumba Resources Limited in 2001, he was appointed Manager: Corporate Finance and Treasury and later General Manager: Corporate Finance and Treasury, the position he still holds today.

The Board congratulates Riaan on his appointment and looks forward to his contribution as a Director.

In addition, the Board is further pleased to announce that Mr Peet Snyders has been appointed as an independent non-executive Director of the Company, also with effect from 1 July 2016.

Peet holds the following qualifications, BEng (Mining), Diploma in Marketing Management and an MCom in Business Management, Mine Manager’s Certificate of Competence and he is also a registered professional engineer. He has 30 years’ of experience in the mining industry, including employment at Sasol Coal, Amcoal, Iscor Mining, Kumba Coal, Anglo Platinum, Riversdale Holdings, Continental Coal, Keaton Energy, Sable Mining Africa, Mmakau Mining and most recently Submex Investment. He also has over 10 years of board experience within the industry.

The Board welcomes Peet to the team and looks forward to his contribution.

Mr Jeff van Rooyen, an independent non-executive Director of the Company and member of the Company’s Audit Committee, has also been appointed as a member of the Company’s Remuneration and Nomination Committee with effect from 1 July 2016.

CH WESSELS
GROUP COMPANY SECRETARY
9 June 2016

Enquiries:
Mzila Mthenjane
Executive Head: Strategy & Stakeholder Relations
Tel: +27 12 307 7393
Mobile: +27 83 417 6375
Email: Mzila.mthenjane@exxaro.com

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