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Thu 26 Apr 2012, 17:00 ARI - African Rainbow Minerals Limited - Director`s dealings in ARM securities
ARI
ARIM                                                                            
ARI - African Rainbow Minerals Limited - Director`s 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")                                                                         
Director`s dealings in ARM securities                                           
Exercise and purchase of share options                                          
A.   In compliance with paragraph 3.63 - 3.66 of the Listings Requirements of   
    the JSE Limited, we hereby advise the following dealings by a director in   
ARM securities:                                                             
Name of director               Andries Jacobus Wilkens                          
Category of director           Executive                                        
Date of transaction            26 April 2012                                    
Nature of transaction          Exercise of share options and off market         
                              purchase of shares                                
Class of securities            Ordinary shares                                  
Offer price                    2 700 cents per option:                          
Options granted on 15 December 2004:              
                              Vested:  61 645 on 17 December 2006, and          
                                       154 668 on 17 December 2007              
                              3 700 cents per option                            
Options granted on 10 October 2005:               
                              Vested:  37 621 on 11 October 2006                
                                       37 621 on 11 October 2007; and           
                                       37 623 on 11 October 2008                
Number of securities           216 313 and 112 865 respectively                 
Market price of securities     Closing price of R176.76 per share on            
                              Wednesday, 25 April 2012                          
Total market value of shares   R58 185 503.28                                   
Nature of interest             Direct, beneficial                               
Clearance to deal              Yes                                              
B.   In terms of paragraph 3.63 - 3.66 of the Listings Requirements, the        
    following information is provided regarding the election by Mr Wilkens, to  
transfer his shares described in "A" above, to a trust that has been        
    established for the benefit of Mr Wilkens and his immediate family.  The    
    requisite clearances and approval for this transaction have been obtained   
    in compliance with the Securities Dealing Policies and Procedures of ARM.   
Date of transaction           26 April 2012                                     
Nature of transaction         Off market transfer of shares                     
Class of securities           Ordinary shares                                   
Number of securities          329 178                                           
Market price of securities    Closing price of R176.76 per share on             
                             Wednesday, 25 April 2012                           
Market value of transaction   R58 185 503.28                                    
Nature of interest            Direct, beneficial                                
Clearance to deal             Yes                                               
Sandton                                                                         
26 April 2012                                                                   
Sponsor to ARM:                                                                 
Deutsche Securities (SA) (Proprietary) Limited                                  
Date: 26/04/2012 17:00:01 Produced by the JSE SENS Department.                  
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