At 31 December 2007, Exxaro Resources Limited did not have a chairperson of the board. The chairman for board meetings is nominated from the ranks of the independent non-executive directors.

1. ¹ All incentive schemes are performance related and were approved by the board. The three-tier short-term incentive scheme applies to all employees throughout the group.
2. ² Includes travel allowances.
3. ³ Includes interest accrued on gains held in trust until vested.
4. ⁴ Retired on 31 August 2007.
5. ⁵ Fees paid to the respective employer and not the individual.
6. ⁶ Appointed as non-executive director on 28 February 2007.
7. ⁷ Resigned as non-executive director on 28 May 2007.

Retirement amounts paid or received by executive directors are paid or received under defined contribution retirement funds.

1. ¹Performance bonuses include the following:
1. – Board approved performance related incentive scheme applicable to all employees in the group;
2. – An incentive payment for developing and implementing an empowerment transaction as fully disclosed in the Kumba Circular to Shareholders and
      Exxaro revised listing particulars dated 9 October 2006;
3. – Unwinding of the 2005 long term incentive plan (LTIP); and
4. – Compensation for 2006 share appreciation rights and LTIP awards not awarded due to the postponement of the effective date of implementation of the    empowerment transaction.
2. ²Includes travel allowances.
3. ³Appointed as executive director on 28 November 2006.
4. ⁴Fees paid to their respective employers and not to them as individuals.
5. ⁵Retired on 12 April 2006.
6. ⁷Appointed as non-executive director on 28 November 2006.
7. ⁸Resigned as non-executive director on 28 November 2006.

Retirement amounts paid or receivable by executive directors are paid or received under defined contribution retirement funds.

There has been no change to the interest of directors in share capital since the year end.

On 31 December 2007 Mr SA Nkosi held 1,9% and Mr MZ Mntambo held 1,3% directly or indirectly in the share capital of the company.

No director held any non-beneficial interest in Exxaro shares at either 31 December 2007 or 2006.

Directors’ share options and restricted share awards

The following options and rights in shares in the company were outstanding in favour of directors of the company under the company’s share option schemes:

Management share option scheme for the year ended December 2006

Management share option scheme for the year ended December 2006

1. ¹The exercise price of options not yet exercised on 31 December 2006 was re-priced by R2,20 per share, and further re-calculated by reference
     to the 21 day volume weighted average price split between Exxaro shares and Kumba Iron Ore shares of 32,81% and 67,19% respectively.

2. ²Based on a share price of R56,00 which prevailed on 31 December 2006.

3. ³Certain options were exercised prior to their vesting date and will remain in trust until such vesting date. Vesting dates vary up to the earliest
     date of service contract termination or 16 March 2011.

4. ⁴Options awarded and not yet exercised on 8 September 2005 were re-priced by R2,20 per share subsequent to the special dividend declared
     to shareholders on 12 September 2005 from the post-tax option- and settlement proceeds of the Hope Downs project.

The cash-settled options represent phantom option awards made to executive directors and a number of senior managers as compensation for not being eligible to receive share option grants due to their involvement in the empowerment transaction.

The phantom option awards also have a grant price, vesting periods and lapse periods as other share option awards but are classified as cash-settled since shares will not be issued when exercised.

¹Based on a share price of R103,45 which prevailed on 31 December 2007