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Thu 30 Nov 2006, 12:45 ARM - Directors dealings in ARM securities
ARI
 ARIM                                                                            
ARM - 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" or "the Company")                                                        
Director"s dealings in ARM securities                                           
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             Kolobe Stephen Mashalane                           
Category of director         Executive                                          
Name of company              African Rainbow Minerals Limited                   
Date of transaction          29 November 2006                                   
Nature of transaction        Exercise of share options and sale of              
                             shares                                             
Class of securities          Options on ordinary shares                         
Offer price                  3 200 cents per option and 3 700 cents             
per option                                         
Number of securities         53 333 and 15 375 respectively                     
Selling price of securities  R73,50                                             
Total value of transaction   R5 050 038,00                                      
Nature of interest           Direct, beneficial                                 
Clearance to deal            Yes                                                
Sandton                                                                         
30 November 2006                                                                
Sponsor to ARM:                                                                 
Deutsche Securities (SA) (Proprietary) Limited                                  
Date: 30/11/2006 12:45:08 PM Produced by the JSE SENS Department                
                                                                                
                                                                                
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