EXX - Announcement regarding Exxaro’s 26% ownership interest in Tronox Sands LLP 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”) Announcement regarding Exxaro’s 26% ownership interest in Tronox Sands LLP Further to the announcement by Exxaro on 27 November 2018 regarding its stake in Tronox Limited (“Tronox”) and the proposed redomiciliation of Tronox to the UK, shareholders are referred to a press release by Tronox on 15 February 2019. Exxaro is pleased to advise that Tronox have confirmed completion of the first stage of its redomiciliation, whereby it has acquired Exxaro’s 26% ownership interest in Tronox Sands LLP (a UK limited liability partnership) for consideration of approximately ZAR2.06billion (or approximately US$148million) in cash representing Exxaro’s indirect share of the loan accounts in Tronox’s South African subsidiaries (“Tronox SA”) at 15 February 2019. The acquisition is being funded through Tronox SA. Pretoria 18 February 2019 Financial adviser to Exxaro J.P. Morgan Legal advisers to Exxaro Orrick, Herrington & Sutcliffe (UK) LLP Norton Rose Fulbright South Africa Incorporated Sponsor to Exxaro Absa corporate and investment bank, a division of Absa Bank Limited Date: 18/02/2019 07:05:00 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.