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Tue 26 Jun 2007, 17:00 ARI - African Rainbow Minerals Limited - Directors
ARI
 ARIM                                                                            
    ARI - African Rainbow Minerals Limited - Directors dealings in ARM          
                                             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")                                                    
                                                                                
    Directors 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                   Kolobe Stephen Mashalane                 
    Category of director               Executive                                
    Name of company                    African Rainbow Minerals Limited         

    1.  Date of transaction            22 June 2007                             
    Nature of transaction              Exercise of share options and sale of    
    shares                                                                      
Class of securities                Options on ordinary shares               
    Offer price                        3 200 cents per option                   
    Number of securities               14 710                                   
    Selling price of securities        R130,69                                  
Total value of transaction         R1 922 486,68                            
    Nature of interest                 Direct, beneficial                       
    Clearance to deal                  Yes                                      
                                                                                
2.  Date of transaction            25 June 2007                             
    Nature of transaction              Exercise of share options and sale of    
    shares                                                                      
    Class of securities                Options on ordinary shares               
Offer price                        3 200 cents per option                   
    Number of securities               19 298                                   
    Selling price of securities        R129,14                                  
    Total value of transaction         R2 492 261,44                            
Nature of interest                 Direct, beneficial                       
    Clearance to deal                  Yes                                      
                                                                                
    Sandton                                                                     
26 June 2007                                                                
                                                                                
    Sponsor to ARM:                                                             
    Deutsche Securities (SA) (Proprietary) Limited                              
Date: 26/06/2007 17:00:03 Produced by the JSE SENS Department.
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