AFRICAN RAINBOW MINERALS LIMITED - Dealing in Securities by a Director of a Major Subsidiary of ARM

Dealing in Securities by a Director of a Major Subsidiary of ARM

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")

DEALING IN SECURITIES BY A DIRECTOR OF A MAJOR SUBSIDIARY OF ARM

In compliance with paragraphs 3.63 to 3.66 of the Listings Requirements of the
JSE Limited ("the Listings Requirements"), we hereby provide the following
information regarding dealings in ARM securities by a director of Two Rivers
Platinum Proprietary Limited, a major subsidiary of the Company:

Name of director               Nicholus Vusimuzi Khumalo
Category of director           Director of Two Rivers Platinum Proprietary
                               Limited, a major subsidiary of ARM
Date of transaction            4 June 2024
Nature of transaction          On-market sale of shares
Class of securities            Ordinary shares
Number of securities           22 000 shares
Selling price of securities    Volume weighted average price of R215.7708 per
                               share (with a low of R214.50 per share and a
                               high of R219.00 per share)
Total value of transactions    R4 746 958.20
Nature of interest             Direct, beneficial


The requisite clearance and approvals for this transaction were obtained in
compliance with the securities dealing policies and procedures of ARM and
paragraph 3.66 of the Listings Requirements.


Sandton
6 June 2024

Sponsor to ARM:
Investec Bank Limited


Date: 06-06-2024 05:00:00
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