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Thu 11 Dec 2003, 11:43 KUMBA RESOURCES LIMITED - DEALINGS IN SECURITIES
KUMBA RESOURCES LIMITED - DEALINGS IN SECURITIES BY DIRECTORS                   
  KUMBA RESOURCES LIMITED                                                         
  SHARE CODE:KMB                                                                  
  ISIN CODE:ZAE000034310                                                          
  DEALINGS IN SECURITIES BY DIRECTORS OF A MAJOR SUBSIDIARY OF KUMBA RESOURCES    
  LIMITED OF SHARES RECEIVED IN TERMS OF THE KUMBA RESOURCES MANAGEMENT SHARE     
  SCHEME AND KUMBA RESOURCES MANAGEMENT OPTION SCHEME (collectively "the Scheme") 
  In terms of the JSE Listings Requirements 3.63 we give notice that the following
  directors OF A Kumba subsidiary have exercised and traded share options, after  
  having received clearance to do so in terms of Listings Requirement 3.66.  The  
  options were granted in terms of the Scheme.  This resulted in the following    
  ordinary shares of the company having been traded on the JSE:                   
  Name of director:             JC BADENHORST                                     
  Date of transaction:          05/12/2003                                        
  Number of shares:             29 060                                            
  Price per share:              37.00                                             
  Class of securities:          Ordinary                                          
  Nature of transaction:        Options exercised and shares sold                 
  Nature of interest:           Beneficial                                        
  Name of director:             W BEKKER                                          
  Date of transaction:          05/12/2003                                        
  Number of shares:             8 890                                             
  Price per share:              37.00                                             
  Class of securities:          Ordinary                                          
  Nature of transaction:        Options exercised and shares sold                 
  Nature of interest:           Beneficial                                        
  Name of director:             WA DE KLERK                                       
  Date of transaction:          05/12/2003                                        
  Number of shares:             41 970                                            
  Price per share:              37.00                                             
  Class of securities:          Ordinary                                          
  Nature of transaction:        Options exercised and shares sold                 
  Nature of interest:           Beneficial                                        
  Name of director:             MD GARBERS                                        
  Date of transaction:          05/12/2003                                        
  Number of shares:             11 410                                            
  Price per share:              37.00                                             
  Class of securities:          Ordinary                                          
  Nature of transaction:        Options exercised and shares sold                 
  Nature of interest:           Beneficial                                        
  Name of director:             GROENEWALD                                        
  Date of transaction:          05/12/2003                                        
  Number of shares:             45 050                                            
  Price per share:              37.00                                             
  Class of securities:          Ordinary                                          
  Nature of transaction:        Options exercised and shares sold                 
  Nature of interest:           Beneficial                                        
  Name of director:             NA JOGIAT                                         
  Date of transaction:          05/12/2003                                        
  Number of shares:             41 580                                            
  Price per share:              37.00                                             
  Class of securities:          Ordinary                                          
  Nature of transaction:        Options exercised and shares sold                 
  Nature of interest:           Beneficial                                        
  Name of director:             PA KOPPESCHAAR                                    
  Date of transaction:          05/12/2003                                        
  Number of shares:             13 150                                            
  Price per share:              37.00                                             
  Class of securities:          Ordinary                                          
  Nature of transaction:        Shares sold                                       
  Nature of interest:           Beneficial                                        
  Name of director:             PJ KOTZE                                          
  Date of transaction:          05/12/2003                                        
  Number of shares:             25 810                                            
  Price per share:              37.00                                             
  Class of securities:          Ordinary                                          
  Nature of transaction:        Options exercised and shares sold                 
  Nature of interest:           Beneficial                                        
  Name of director:             NF MEIRING                                        
  Date of transaction:          05/12/2003                                        
  Number of shares:             16 300                                            
  Price per share:              37.00                                             
  Class of securities:          Ordinary                                          
  Nature of transaction:        Options exercised and shares sold                 
  Nature of interest:           Beneficial                                        
  Name of director:             WJ NEEDHAM                                        
  Date of transaction:          05/12/2003                                        
  Number of shares:             22 740                                            
  Price per share:              37.00                                             
  Class of securities:          Ordinary                                          
  Nature of transaction:        Options exercised and shares sold                 
  Nature of interest:           Beneficial                                        
  Name of director:             IC PRINSLOO                                       
  Date of transaction:          05/12/2003                                        
  Number of shares:             30 940                                            
  Price per share:              37.00                                             
  Class of securities:          Ordinary                                          
  Nature of transaction:        Options exercised and shares sold                 
  Nature of interest:           Beneficial                                        
  Name of director:             D ROBBERTZE                                       
  Date of transaction:          05/12/2003                                        
  Number of shares:             21 020                                            
  Price per share:              37.00                                             
  Class of securities:          Ordinary                                          
  Nature of transaction:        Options exercised and shares sold                 
  Nature of interest:           Beneficial                                        
  Name of director:             DJR SOUTHEY                                       
  Date of transaction:          05/12/2003                                        
  Number of shares:             27 320                                            
  Price per share:              37.00                                             
  Class of securities:          Ordinary                                          
  Nature of transaction:        Options exercised and shares sold                 
  Nature of interest:           Beneficial                                        
  Name of director:             R STRYDOM                                         
  Date of transaction:          05/12/2003                                        
  Number of shares:             20 510                                            
  Price per share:              37.00                                             
  Class of securities:          Ordinary                                          
  Nature of transaction:        Options exercised and shares sold                 
  Nature of interest:           Beneficial                                        
  Name of director:             WF VAN HEERDEN                                    
  Date of transaction:          05/12/2003                                        
  Number of shares:             33 430                                            
  Price per share:              37.00                                             
  Class of securities:          Ordinary                                          
  Nature of transaction:        Options exercised and shares sold                 
  Nature of interest:           Beneficial                                        
  Name of director:             WH VAN NIEKERK                                    
  Date of transaction:          05/12/2003                                        
  Number of shares:             32 520                                            
  Price per share:              37.00                                             
  Class of securities:          Ordinary                                          
  Nature of transaction:        Options exercised and shares sold                 
  Nature of interest:           Beneficial                                        
  Name of director:             PE VENTER                                         
  Date of transaction:          05/12/2003                                        
  Number of shares:             79 640                                            
  Price per share:              37.00                                             
  Class of securities:          Ordinary                                          
  Nature of transaction:        Options exercised and shares sold                 
  Nature of interest:           Beneficial                                        
  Name of director:             MW VON WIELLIGH                                   
  Date of transaction:          05/12/2003                                        
  Number of shares:             47 000                                            
  Price per share:              37.00                                             
  Class of securities:          Ordinary                                          
  Nature of transaction:        Options exercised and shares sold                 
  Nature of interest:           Beneficial                                        
  Name of director:             SS WEBER                                          
  Date of transaction:          05/12/2003                                        
  Number of shares:             12 460                                            
  Price per share:              37.00                                             
  Class of securities:          Ordinary                                          
  Nature of transaction:        Options exercised and shares sold                 
  Nature of interest:           Beneficial                                        
  Name of company secretary:    MS VILJOEN                                        
  Date of transaction:          05/12/2003                                        
  Number of shares:             20 190                                            
  Price per share:              37.00                                             
  Class of securities:          Ordinary                                          
  Nature of transaction:        Options exercised and shares sold                 
  Nature of interest:           Beneficial                                        
  (Signed)                                                                        
  MS VILJOEN                                                                      
  COMPANY SECRETARY                                                               
  KUMBA RESOURCES                                                                 
  11 December 2003                                                                
  Date: 11/12/2003 11:40:06 AM Produced by the JSE SENS Department                
                                                                                  
                                                                                  
                                                                       
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