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KIO
KIO
KIO - Kumba Iron Ore - Grant And Acceptance Of Share Options By A Director
Kumba Iron Ore Limited
A member of the Anglo American plc group
(Incorporated in the Republic of South Africa)
(Registration number 2005/015852/06)
Share code: KIO
ISIN: ZAE000085346
("KUMBA")
GRANT AND ACCEPTANCE OF SHARE OPTIONS BY A DIRECTOR
In terms of paragraph 3.63 - 3.65 of the Listings Requirements of the JSE
Limited, the following information is disclosed:
Director : Chris Griffith
Grant date : 1 August 2008
Acceptance date : 19 August 2008
Nature of transaction : Grant and acceptance of Share Appreciation
Rights (SARS)
Class of securities : Ordinary shares
Number of options : 7,540
Option strike price : R259.87 per share
Value of transaction : R1 959 419.80
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
director`s interest : Direct Beneficial
Director : Chris Griffith
Grant date : 1 August 2008
Acceptance date : 19 August 2008
Nature of transaction : Grant and acceptance of Long Term
Incentive Plan (LTIP) options
Class of securities : Ordinary Shares
Number of options : 7,548
Option strike price : R259.87 per share
Value of transaction : R1 961 498.76
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
director`s interest : Direct Beneficial
Clearance to deal was received in terms of paragraph 3.66 of the JSE Listing
Requirements
19 August 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: 19/08/2008 17:45:47 Produced by the JSE SENS Department.
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