KIO - Kumba Iron Ore Limited - Exercise and subsequent sale of share options by
KIO
KIO
KIO - Kumba Iron Ore Limited - Exercise and subsequent sale of share options by
director of 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)
JSE Share code: KIO
ISIN: ZAE000085346
("KIO")
EXERCISE AND SUBSEQUENT SALE OF SHARE OPTIONS BY DIRECTOR OF MAJOR SUBSIDIARY
In compliance with the Listings Requirements of the JSE Limited, the following
information is disclosed:
Name of major subsidiary: Sishen Iron Ore Company (Pty) Ltd
Name of director: Francois Louw
Date of transaction: 18 March 2008
Option strike price: R26.40
Number of options 2790
Class of securities Options in respect of ordinary shares
Value of exercise: R73,656.00
Number of shares sold: 2790
Selling price: R365.00
Value of sale: R1,018,350.00
Nature of transaction: Exercise of options and subsequent sale
of shares in respect of the share
options
Nature and extent of director`s Direct beneficial
interest:
Clearance in terms of 3.66 of the JSE Listings Requirements has been obtained.
Centurion
18 March 2008
Enquiries contact:
Mr VF Malie
Company Secretary
Kumba Iron Ore Limited
Tel: (012) 683 7060
Sponsor
Rand Merchant Bank (A division of FirstRand Bank Limited)
Date: 18/03/2008 15:50:55 Produced by the JSE SENS Department.
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