ARI
ARIM                                                                            
ARI - African Rainbow Minerals - 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")                                                                         
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                                      
Date of transaction              5 March 2010                                   
Nature of transaction            Exercise of share options and sale of          
shares                                          
Class of securities              Ordinary shares                                
Offer price                      7 399 cents per option                         
Number of securities             16 379                                         
Selling price of securities      R197,08 per share                              
Total value of transaction       R3 227 976,60                                  
Nature of interest               Direct, beneficial                             
Clearance to deal                Yes                                            
Sandton                                                                         
9 March 2010                                                                    
Sponsor to ARM:                                                                 
Deutsche Securities (SA) (Proprietary) Limited                                  
Date: 09/03/2010 17:00:01 Produced by the JSE SENS Department.                  
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