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EXXARO RESOURCES LIMITED - EXX - Eskom Force Majeure Notification withdrawn with immediate effect

Release Date: 14/08/2020 14:41
Code(s): EXX     PDF:  
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EXX - Eskom Force Majeure Notification withdrawn with immediate effect

Exxaro Resources Limited
Registration number: 2000/011076/06
JSE share code: EXX
ISIN: ZAE000084992
ADR code: EXXAY
(“Exxaro” or the “Company”)

ESKOM FORCE MAJEURE NOTIFICATION WITHDRAWN WITH IMMEDIATE EFFECT

Exxaro shareholders are advised that following the notification by Eskom Holdings SOC Limited
(‘Eskom’) calling force majeure on the agreements for the supply of coal from Exxaro Coal Proprietary
Limited to the Medupi and Matimba power stations, a notice was received from Eskom, advising that the
force majeure event was withdrawn with immediate effect. As Eskom has been taking coal in accordance
with the terms of the supply agreements, the impact of the force majeure event has been largely
neutralized.

Exxaro reaffirms its view that this event did not constitute a force majeure, as the power stations have
been capable of supplying power and Exxaro continues to reserve its rights in this regard.

14 August 2020

SE Van Loggerenberg
Group Company Secretary & Legal
Pretoria

Sponsor to Exxaro Resources Limited
Absa Corporate and Investment Bank, a division of Absa Bank Limited

Date: 14-08-2020 02:41:00
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