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Fri 29 Jun 2007, 9:28 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")                                                    
                                                                                
    Director`s dealings in ARM securities                                       

    In compliance with paragraph 3.63 - 3.66 of the Listings Requirements of    
    the JSE Limited, South Africa, 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         
Date of transaction                26 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               19 325                                   
    Selling price of securities        R125,76                                  
    Total value of transaction         R2 430 312,00                            
Nature of interest                 Direct, beneficial                       
    Clearance to deal                  Yes                                      
                                                                                
    Sandton                                                                     
29 June 2007                                                                
                                                                                
    Sponsor to ARM:                                                             
    Deutsche Securities (SA) (Proprietary) Limited                              
Date: 29/06/2007 09:28:51 Produced by the JSE SENS Department.
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