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Wed 28 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                    Wilson Mangisi Gule                         
Category of director                Executive                                   
Name of company                     African Rainbow Minerals Limited            
1   Date of transaction             26 February 2007                            
Nature of transaction           Exercise of share options and sale of        
                                   shares                                       
   Class of securities             Options on ordinary shares                   
   Offer price                     R27,00 per option                            
Number of securities            15 000                                       
   Selling price of securities     R101,53                                      
   Total value of transaction      R1 523 067,00                                
   Nature of interest              Direct, beneficial                           
Clearance to deal               Yes                                          
2   Date of transaction             27 February 2007                            
   Nature of transaction           Exercise of share options and sale of        
                                   shares                                       
Class of securities             Options on ordinary shares                   
   Offer price                     R27,00 per option                            
   Number of securities            46 000                                       
   Selling price of securities     R101,00                                      
Total value of transaction      R4 646 000,00                                
   Nature of interest              Direct, beneficial                           
   Clearance to deal               Yes                                          
Sandton                                                                         
28 February 2007                                                                
Sponsor to ARM:                                                                 
Deutsche Securities (SA) (Proprietary) Limited                                  
Date: 28/02/2007 17:00:02 Produced by the JSE SENS Department.
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