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Mon 2 Apr 2007, 16:06 Kumba Iron Ore Limited - Grant and acceptance of o
KIO
 KIO                                                                             
    Kumba Iron Ore Limited - Grant and acceptance of offers of share options by 
                             directors of the listed entity and major           
                             subsidiary                                         
Kumba Iron Ore Limited                                                      
    A member of the Anglo American plc group                                    
    (Incorporated in the Republic of South Africa)                              
    (Registration number 2005/015852/06)                                        
Share code: KIO                                                             
    ISIN: ZAE000085346                                                          
    GRANT AND ACCEPTANCE OF OFFERS OF SHARE OPTIONS BY DIRECTORS OF THE LISTED  
    ENTITY AND MAJOR SUBSIDIARY                                                 
In terms of paragraph 3.63 - 3.65 of the Listings Requirements of the JSE   
    Limited, the following information, relating to the grant and acceptance of 
    share options by directors of Kumba Iron Ore Limited and its major          
    subsidiary Sishen Iron Ore Company (Proprietary) Limited, is disclosed:     
Executive director           Ras Myburgh                                     
   Company of which a director  Kumba Iron Ore Limited                          
   Grant date                   1 March 2007                                    
   Acceptance date              30 March 2007                                   
Class of securities          Ordinary shares                                 
   Number of securities         12 980                                          
   Strike Price                 R124.27 per share                               
   Value of transaction         R1 613 024.60                                   
Vesting period               Options vest after three years (2010) in        
                                three annual tranches subject to the            
                                fulfilment of a performance condition           
   Nature of transaction        Grant and acceptance of share options in        
terms of the Kumba Iron Ore Share               
                                Appreciation Rights Scheme 2007                 
   Extent of interest           Direct beneficial                               
                                                                                
Executive director           Vincent Uren                                    
   Company of which a director  Kumba Iron Ore Limited                          
   Grant date                   1 March 2007                                    
   Acceptance date              30 March 2007                                   
Class of securities          Ordinary shares                                 
   Number of securities         9 990                                           
   Strike Price                 R124.27 per share                               
   Value of transaction         R 1 241 457.30                                  
Vesting period               Options vest after three years (2010) in        
                                three annual tranches subject to the            
                                fulfilment of a performance condition           
   Nature of transaction        Grant and acceptance of share options in        
terms of the Kumba Iron Ore Share               
                                Appreciation Rights Scheme 2007                 
   Extent of interest           Direct beneficial                               
                                                                                
Executive director           Willem van Heerden                              
   Company of which a director  Sishen Iron Ore Company (Proprietary)           
                                Limited                                         
   Grant date                   1 March 2007                                    
Acceptance date              30 March 2007                                   
   Class of securities          Ordinary shares                                 
   Number of securities         3 810                                           
   Strike Price                 R124.27 per share                               
Value of transaction         R 473 468.70                                    
   Vesting period               Options vest after three years (2010) in        
                                three annual tranches subject to the            
                                fulfilment of a performance condition           
Nature of transaction        Grant and acceptance of share options in        
                                terms of the Kumba Iron Ore Share               
                                Appreciation Rights Scheme 2007                 
   Extent of interest           Direct beneficial                               

   Executive director           Fergus Marupen                                  
   Company of which a director  Sishen Iron Ore Company (Proprietary)           
                                Limited                                         
Grant date                   1 March 2007                                    
   Acceptance date              30 March 2007                                   
   Class of securities          Ordinary shares                                 
   Number of securities         4 920                                           
Strike Price                 R124.27 per share                               
   Value of transaction         R 611 408.40                                    
   Vesting period               Options vest after three years (2010) in        
                                three annual tranches subject to the            
fulfilment of a performance condition           
   Nature of transaction        Grant and acceptance of share options in        
                                terms of the Kumba Iron Ore Share               
                                Appreciation Rights Scheme 2007                 
Extent of interest           Direct beneficial                               
                                                                                
   Executive director           Peet Kotze                                      
   Company of which a director  Sishen Iron Ore Company (Proprietary)           
Limited                                         
   Grant date                   1 March 2007                                    
   Acceptance date              30 March 2007                                   
   Class of securities          Ordinary shares                                 
Number of securities         3 870                                           
   Strike Price                 R124.27 per share                               
   Value of transaction         R 480 924.90                                    
   Vesting period               Options vest after three years (2010) in        
three annual tranches subject to the            
                                fulfilment of a performance condition           
   Nature of transaction        Grant and acceptance of share options in        
                                terms of the Kumba Iron Ore Share               
Appreciation Rights Scheme 2007                 
   Extent of interest           Direct beneficial                               
                                                                                
   Executive director           Aart van den Brink                              
Company of which a director  Sishen Iron Ore Company (Proprietary)           
                                Limited                                         
   Grant date                   1 March 2007                                    
   Acceptance date              30 March 2007                                   
Class of securities          Ordinary shares                                 
   Number of securities         2 310                                           
   Strike Price                 R124.27 per share                               
   Value of transaction         R 287 063.70                                    
Vesting period               Options vest after three years (2010) in        
                                three annual tranches subject to the            
                                fulfilment of a performance condition           
   Nature of transaction        Grant and acceptance of share options in        
terms of the Kumba Iron Ore Share               
                                Appreciation Rights Scheme 2007                 
   Extent of interest           Direct beneficial                               
                                                                                
Executive director           Christo van Loggerenberg                        
   Company of which a director  Sishen Iron Ore Company (Proprietary)           
                                Limited                                         
   Grant date                   1 March 2007                                    
Acceptance date              30 March 2007                                   
   Class of securities          Ordinary shares                                 
   Number of securities         3 800                                           
   Strike Price                 R124.27 per share                               
Value of transaction         R 472 226.00                                    
   Vesting period               Options vest after three years (2010) in        
                                three annual tranches subject to the            
                                fulfilment of a performance condition           
Nature of transaction        Grant and acceptance of share options in        
                                terms of the Kumba Iron Ore Share               
                                Appreciation Rights Scheme 2007                 
   Extent of interest           Direct beneficial                               

   Executive director           Francois Louw                                   
   Company of which a director  Sishen Iron Ore Company (Proprietary)           
                                Limited                                         
Grant date                   1 March 2007                                    
   Acceptance date              30 March 2007                                   
   Class of securities          Ordinary shares                                 
   Number of securities         3 920                                           
Strike Price                 R124.27 per share                               
   Value of transaction         R 487 138.40                                    
   Vesting period               Options vest after three years (2010) in        
                                three annual tranches subject to the            
fulfilment of a performance condition           
   Nature of transaction        Grant and acceptance of share options in        
                                terms of the Kumba Iron Ore Share               
                                Appreciation Rights Scheme 2007                 
Extent of interest           Direct beneficial                               
    Johannesburg                                                                
    2 April 2007                                                                
    Sponsor:                                                                    
Deutsche Securities (SA)(Proprietary) Limited                               
Date: 02/04/2007 16:06:05 Produced by the JSE SENS Department.                  
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