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Wed 31 Mar 2004, 16:48 TRANSFER OF SHARES TO A DIRECTOR
Kumba Resources Limited - TRANSFER OF SHARES TO A DIRECTOR                      
  Kumba Resources Limited                                                         
  Incorporated in the Republic of South Africa                                    
  (Registration Number:  2000/011076/06)                                          
  Share Code:  KMB                                                                
  ISIN Number:  ZAE000034310                                                      
  ("Kumba")                                                                       
  News Release                                                                    
  TRANSFER OF SHARES TO A DIRECTOR IN TERMS OF THE KUMBA RESOURCES MANAGEMENT     
  SHARE SCHEME ("the Scheme")                                                     
  In terms of the JSE Listings Requirement 3.63 notice is hereby given that a     
  number of shares have been released in terms of the rules of the scheme, as     
  follows:                                                                        
  Name of director:                       CJ FAUCONNIER                           
  Date of transaction:                    29/03/2004                              
  Number of shares:                       60,000                                  
  Option strike price:                    R 10.00                                 
  Option strike date:                     23/03/1998                              
  Periods of exercise and/or vesting:     9 years                                 
  Class of securities:                    Ordinary                                
  Nature of transaction:                  Paid-up Scheme - paid-up shares released
  Nature of interest:                     Beneficial                              
  31 March 2004                                                                   
  MS VILJOEN                                                                      
  COMPANY SECRETARY                                                               
  KUMBA RESOURCES LIMITED                                                         
  Sponsor                                                                         
  JPMorgan                                                                        
  Date: 31/03/2004 04:42:03 PM Produced by the JSE SENS 
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