Further Cautionary Announcement: Exxaro Commences Sale of a Portion of its Stake in Tronox

October 2, 2017

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PRETORIA, South Africa–(BUSINESS WIRE)–Exxaro Resources Limited (JSE:EXX): EXXARO RESOURCES LIMITEDIncorporated in the Republic of South Africa(Registration Number: 2000/011076/06)JSE share code: EXXISIN code: ZAE000084992ADR code: EXXAYBond Code: EXX02ISIN Code: ZAG000115965(Exxaro or the Company) Exxaro Resources Limited (JSE:EXX) today announces that it has commenced a public offering in the United States of 16.0 million Class A ordinary shares of Tronox Limited (NYSE:TROX), a NYSE-listed

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