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’s major subsidiary 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 (01/05/2016 to 01/05/2019) Nature of interest: Direct Beneficial Date of transaction: 10 May 2019 LTIP vesting date 1 May 2019 Vesting period: 3 years Name: N Tsengwa Position: Director: Exxaro Coal Proprietary Limited Total LTIP shares vested 24 867 LTIP shares released 12 503 LTIP shares sold 12 364 Sale price per share R163.50 Value of shares sold R2,021,514.00 SE VAN LOGGERENBERG GROUP COMPANY SECRETARY 13 May 2019 Sponsor to Exxaro Absa Bank Limited, acting through its Corporate and Investment bank division Date: 13/05/2019 12:10:00 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.