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Mon 2 Apr 2007, 16:59 ARI - African Rainbow Minerals Limited - Director`
ARI
 ARIM                                                                            
ARI - African Rainbow Minerals Limited - Director`s dealings in securities      
African Rainbow Minerals Limited                                                
(Incorporated in the Republic of South Africa)                                  
(Registration Number 1933/004580/06)                                            
JSE Share code: ARI                                                             
ISIN: ZAE000054045                                                              
("ARM" or "the Company")                                                        
Director`s dealings in ARM securities                                           
In compliance with paragraph 3.63 - 3.66 of the Listings Requirements of the JSE
Limited, we hereby advise the following dealings by a director in ARM           
securities:                                                                     
Name of director                    Richard Peter Menell                        
Category of director                Executive                                   
Name of company                     African Rainbow Minerals Limited            
1.   Date of transaction            29 March 2007                               
Nature of transaction          Exercise of share options and sale of        
                                   shares                                       
    Class of securities            Options on ordinary shares                   
    Offer price                    3 600 cents per option and 3 800 cents per   
option                                       
    Number of securities           19 246 and 37 010 respectively               
    Selling price of securities    R103,20                                      
    Total value of transaction     R5 805 900,48                                
Nature of interest             Direct, beneficial                           
    Clearance to deal              Yes                                          
2.   Date of transaction            30 March 2007                               
    Nature of transaction          Exercise of share options and sale of        
shares                                       
    Class of securities            Options on ordinary shares                   
    Offer price                    3 600 cents per option                       
    Number of securities           80 278                                       
Selling price of securities    R103,31                                      
    Total value of transaction     R8 294 218,60                                
    Nature of interest             Direct, beneficial                           
    Clearance to deal              Yes                                          
Sandton                                                                         
2 April 2007                                                                    
Sponsor to ARM:                                                                 
Deutsche Securities (SA) (Proprietary) Limited                                  
Date: 02/04/2007 16:59:50 Produced by the JSE SENS Department.                  
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