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Mon 26 Feb 2007, 17:00 ARI - African Rainbow Minerals Limited - Director`
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" 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                Jan Christiaan Steenkamp                        
Category of director            Executive                                       
Name of company                 African Rainbow Minerals Limited                
1.  Date of transaction         22 February 2007                                
Nature of transaction       Exercise of share options and sale of shares     
   Class of securities         Options on ordinary shares                       
   Offer price                 3 350 cents per option                           
   Number of securities        28 663                                           
Selling price of            R102,56                                          
   securities                                                                   
   Total value of transaction  R2 939 789,07                                    
   Nature of interest          Direct, beneficial                               
Clearance to deal           Yes                                              
2.  Date of transaction         23 February 2007                                
   Nature of transaction       Exercise of share options and sale of shares     
   Class of securities         Options on ordinary shares                       
Offer price                 3 350 cents per option and 3 950 cents per       
                               option                                           
   Number of securities        21 438 and 93 562 respectively                   
   Selling price of            R100,01                                          
securities                                                                   
   Total value of transaction  R11 502 139,00                                   
   Nature of interest          Direct, beneficial                               
   Clearance to deal           Yes                                              
Sandton                                                                         
26 February 2007                                                                
Sponsor to ARM:                                                                 
Deutsche Securities (SA) (Proprietary) Limited                                  
Date: 26/02/2007 17:00:57 Produced by the JSE SENS Department.
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