KIO
KIO
KIO - Kumba - Results Of Arbitration
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")
RESULTS OF ARBITRATION
An award has been rendered in the arbitration between ArcelorMittal South
Africa Limited ("Mittal") and the Sishen Iron Ore Company (Pty) Ltd ("SIOC"),
a subsidiary of Kumba.
The arbitration related to Mittal`s claim to be entitled to participate in
the Sishen South project currently under development by SIOC.
Whilst the arbitration proceedings are confidential in nature, the award of
the Arbitration Panel is potentially materially price sensitive information
and therefore required to be released on SENS. Accordingly, Kumba
shareholders are advised that the Arbitration Panel has issued an award in
favour of SIOC and has determined that Mittal is not entitled to participate
in the Sishen South project.
For further information please contact:
Vincent Uren
Tel.: +27 (0)12 683 7055
Tebello Chabana
Tel.: +27 (0)12 683 7067
28 October 2009
Pretoria
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 28/10/2009 13:50:17 Produced by the JSE SENS Department.
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