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Fri 4 Apr 2008, 16:52 KIO - Kumba - Grant And Acceptance Of Offer Of Sha
KIO
 KIO                                                                             
KIO - Kumba - Grant And Acceptance Of Offer Of Share Options By Directors And   
              Company Secretary Of Kumba And Directors 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                                                              
("Kumba")                                                                       
GRANT AND ACCEPTANCE OF OFFER OF SHARE OPTIONS BY DIRECTORS AND COMPANY         
SECRETARY OF KUMBA AND DIRECTORS OF 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 and company secretary of Kumba and directors of a    
major subsidiary of Kumba is disclosed:                                         
Director:                  Ras Myburgh                                      
    Grant date:                3 March 2008                                     
    Acceptance date:           3 April 2008                                     
    Nature of transaction:     Grant and acceptance of Share Appreciation       
Rights (SARS)                                    
    Class of securities        Ordinary shares                                  
    Number of options          6 667                                            
    Option strike price:       R332.06 per share                                
Value of transaction:      R2 213 844.02                                    
    Vesting period:            Share appreciation rights vest after three       
                               years on certain performance criteria            
                               being met in terms of the Kumba Iron Ore         
Share Appreciation Right Scheme                  
    Nature and extent of       Direct Beneficial                                
    director`s interest:                                                        
                                                                                
Director:                  Ras Myburgh                                      
    Grant date:                3 March 2008                                     
    Acceptance date:           3 April 2008                                     
    Nature of transaction:     Grant and acceptance of Long Term                
Incentive Plan (LTIP)options                     
    Class of securities        Ordinary Shares                                  
    Number of options          5 960                                            
    Option strike price:       R332.06 per share                                
Value of transaction:      R1 979 077.60                                    
    Vesting period:            Share options vest after three years on          
                               certain performance criteria being met in        
                               terms of the Kumba Iron Ore Long Term            
Incentive Plan                                   
    Nature and extent of       Direct Beneficial                                
    director`s interest:                                                        
    Director:                  Vincent Uren                                     
Grant date:                3 March 2008                                     
    Acceptance date:           3 April 2008                                     
    Nature of transaction:     Grant and acceptance of Share Appreciation       
                               Rights (SARS)                                    
Class of securities        Ordinary shares                                  
    Number of options          5624                                             
    Option strike price:       R332.06 per share                                
    Value of transaction:      R1 867 505.44                                    
Vesting period:            Share appreciation rights vest after three       
                               years on certain performance criteria            
                               being met in terms of the Kumba Iron Ore         
                               Share Appreciation Right Scheme                  
Nature and extent of       Direct Beneficial                                
    director`s interest:                                                        
                                                                                
    Director:                  Vincent Uren                                     
Grant date:                3 March 2008                                     
    Acceptance date:           3 April 2008                                     
    Nature of transaction:     Grant and acceptance of Long Term                
                               Incentive Plan (LTIP)options                     
Class of securities        Ordinary Shares                                  
    Number of options          5267                                             
    Option strike price:       R332.06 per share                                
    Value of transaction:      R1 748 960.02                                    

    Vesting period:            Share options vest after three years on          
                               certain performance criteria being met in        
                               terms of the Kumba Iron Ore Long Term            
Incentive Plan                                   
    Nature and extent of       Direct Beneficial                                
    director`s interest:                                                        
    Company Secretary:         Vusani Malie                                     
Grant date:                3 March 2008                                     
    Acceptance date:           3 April 2008                                     
    Nature of transaction:     Grant and acceptance of Share Appreciation       
                               Rights (SARS)                                    
Class of securities        Ordinary shares                                  
    Number of options          1 700                                            
    Option strike price:       R332.06 per share                                
    Value of transaction:      R564 502.00                                      
Vesting period:            Share appreciation rights vest after three       
                               years on certain performance criteria            
                               being met in terms of the Kumba Iron Ore         
                               Share Appreciation Right Scheme                  
Nature and extent of       Direct Beneficial                                
    interest:                                                                   
                                                                                
                                                                                

    Company Secretary:         Vusani Malie                                     
    Grant date:                3 March 2008                                     
    Acceptance date:           3 April 2008                                     
Nature of transaction:     Grant and acceptance of Long Term                
                               Incentive Plan (LTIP)options                     
    Class of securities        Ordinary Shares                                  
    Number of options          1 706                                            
Option strike price:       R332.06 per share                                
    Value of transaction:      R566 494.36                                      
    Vesting period:            Share options vest after three years on          
                               certain performance criteria being met in        
terms of the Kumba Iron Ore Long Term            
                               Incentive Plan                                   
    Nature and extent of       Direct Beneficial                                
    interest:                                                                   
Name of Major Subsidiary   Sishen Iron ore Company (Pty) Ltd                
    Director:                  Francois Louw                                    
    Grant date:                3 March 2008                                     
    Acceptance date:           3 April 2008                                     
Nature of transaction:     Grant and acceptance of Share Appreciation       
                               Right (SARS)                                     
    Class of securities        Ordinary shares                                  
    Number of options          3100                                             
Option strike price:       R332.06 per share                                
    Value of transaction:      R1 029 386.00                                    
    Vesting period:            Share appreciation rights vest after three       
                               years on certain performance criteria            
being met in terms of the Kumba Iron Ore         
                               Share Appreciation Right Scheme                  
    Nature  and extent of      Direct Beneficial                                
    director`s interest:                                                        

    Director:                  Francois Louw                                    
    Grant date:                3 March 2008                                     
    Acceptance date:           3 April 2008                                     
Nature of transaction:     Grant and acceptance of Long Term                
                               Incentive Plan (LTIP)options                     
    Class of securities        Ordinary Shares                                  
    Number of Options          3102                                             
Option strike price:       R332.06 per share                                
    Value of transaction:      R1 030 050.12                                    
    Vesting period:            Share options vest after three years on          
                               certain performance criteria being met in        
terms of the Kumba Iron Ore Long Term            
                               Incentive Plan                                   
    Nature  and extent of      Direct Beneficial                                
    director`s interest:                                                        
Name of Major Subsidiary   Sishen Iron Ore Company (Pty) Ltd                
    Director:                  Fergus Marupen                                   
    Grant date:                3 March 2008                                     
    Acceptance date:           3 April 2008                                     
Nature of transaction:     Grant and acceptance of Share Appreciation       
                               Rights (SARS)                                    
    Class of securities        Ordinary shares                                  
    Number of options          3240                                             
Option strike price:       R332.06 per share                                
    Value of transaction:      R1 075 874.40                                    
    Vesting period:            Share appreciation rights vest after three       
                               years on certain performance criteria            
being met in terms of the Kumba Iron Ore         
                               Share Appreciation Right Scheme                  
    Nature and extent of       Direct Beneficial                                
    director`s interest:                                                        

    Director:                  Fergus Marupen                                   
    Grant date:                3 March 2008                                     
    Acceptance date:           3 April 2008                                     
Nature of transaction:     Grant and acceptance of Long Term                
                               Incentive Plan (LTIP)options                     
    Class of securities        Ordinary Shares                                  
    Number of options          3244                                             
Option strike price:       R332.06 per share                                
    Value of transaction:      R1 077 202.64                                    
    Vesting period:            Share options vest after three years on          
                               certain performance criteria being met in        
terms of the Kumba Iron Ore Long Term            
                               Incentive Plan                                   
    Nature and extent of       Direct Beneficial                                
    director`s interest:                                                        
Name of Major Subsidiary   Sishen Iron Ore Company (Pty) Ltd                
    Director:                  Aart van den Brink                               
    Grant date:                3 March 2008                                     
    Acceptance date:           3 April 2008                                     
Nature of transaction:     Grant and acceptance of Share Appreciation       
                               Rights (SARS)                                    
    Class of securities        Ordinary shares                                  
    Number of options          1710                                             
Option strike price:       R332.06 per share                                
    Value of transaction:      R567 822.60                                      
    Vesting period:            Share appreciation rights vest after three       
                               years on certain performance criteria            
being met in terms of the Kumba Iron Ore         
                               Share Appreciation Right Scheme                  
    Nature and extent of       Direct Beneficial                                
    director`s interest:                                                        

    Director:                  Aart van den Brink                               
    Grant date:                3 March 2008                                     
    Acceptance date:           3 April 2008                                     
Nature of transaction:     Grant and acceptance of Long Term                
                               Incentive Plan (LTIP)options                     
    Class of securities        Ordinary Shares                                  
    Number of options          1712                                             
Option strike price:       R332.06 per share                                
    Value of transaction:      R568 486.72                                      
    Vesting period:            Share options vest after three years on          
                               certain performance criteria being met in        
terms of the Kumba Iron Ore Long Term            
                               Incentive Plan                                   
    Nature and extent of       Direct Beneficial                                
    director`s interest:                                                        
Name of Major Subsidiary   Sishen Iron Ore Company (Pty) Ltd                
    Director:                  Willem van Heerden                               
    Grant date:                3 March 2008                                     
    Acceptance date:           3 April 2008                                     
Nature of transaction:     Grant and acceptance of Share Appreciation       
                               Rights (SARS)                                    
    Class of securities:       Ordinary shares                                  
    Number of options:         2480                                             
Option strike price:       R332.06 per share                                
    Value of transaction:      R823 508.80                                      
    Vesting period:            Share appreciation rights vest after three       
                               years on certain performance criteria            
being met in terms of the Kumba Iron Ore         
                               Share Appreciation Right Scheme                  
    Nature and extent of       Direct Beneficial                                
    director`s interest:                                                        

    Director:                  Willem van Heerden                               
    Grant date:                3 March 2008                                     
    Acceptance date:           3 April 2008                                     
Nature of transaction:     Grant and acceptance of Long Term                
                               Incentive Plan (LTIP)options                     
    Class of securities:       Ordinary Shares                                  
    Number of Options:         2490                                             
Option strike price:       R332.06 per share                                
    Value of transaction:      R826 829.40                                      
    Vesting period:            Share options vest after three years on          
                               certain performance criteria being met in        
terms of the Kumba Iron Ore Long Term            
                               Incentive Plan                                   
    Nature and extent of       Direct Beneficial                                
    director`s interest:                                                        
Name of Major Subsidiary   Sishen Iron Ore Company (Pty) Ltd                
    Director:                  Christo van Loggerenberg                         
    Grant date:                3 March 2008                                     
    Acceptance date:           3 April 2008                                     
Nature of transaction:     Grant and acceptance of Share Appreciation       
                               Rights (SARS)                                    
    Class of securities        Ordinary shares                                  
    Number of options          3140                                             
Option strike price:       R332.06 per share                                
    Value of transaction:      R1 042 668.40                                    
    Vesting period:            Share appreciation rights vest after three       
                               years on certain performance criteria            
being met in terms of the Kumba Iron Ore         
                               Share Appreciation Right Scheme                  
    Nature and extent of       Direct Beneficial                                
    director`s interest:                                                        

    Director:                  Christo van Loggerenberg                         
    Grant date:                3 March 2008                                     
    Acceptance date:           3 April 2008                                     
Nature of transaction:     Grant and acceptance of Long Term                
                               Incentive Plan (LTIP)options                     
    Class of securities        Ordinary Shares                                  
    Number of options          3148                                             
Option strike price:       R332.06 per share                                
    Value of transaction:      R1 045 324.88                                    
    Vesting period:            Share options vest after three years on          
                               certain performance criteria being met in        
terms of the Kumba Iron Ore Long Term            
                               Incentive Plan                                   
    Nature and extent of       Direct Beneficial                                
    director`s interest:                                                        
Clearance in terms of 3.66 of the JSE Listings Requirements has been obtained.  
Centurion                                                                       
4 April 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: 04/04/2008 16:52:01 Produced by the JSE SENS Department.                  
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