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EXX EXX EXX – Exxaro – Exxaro Joint Venture Partner Tronox Files For

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EXX EXX EXX – Exxaro – Exxaro Joint Venture Partner Tronox Files For EXX EXX EXX – Exxaro – Exxaro Joint Venture Partner Tronox Files For Chapter 11 In The United States EXXARO RESOURCES LIMITED Incorporated in the Republic of South Africa (Registration Number: 2000/011076/06) JSE share code: EXX ISIN code: ZAE000084992 ADR code: EXXAY (‘Exxaro’ or ‘the company’) NEWS RELEASE EXXARO JOINT VENTURE PARTNER TRONOX FILES FOR CHAPTER 11 IN THE UNITED STATES Exxaro Resources Limited`s (Exxaro) joint venture partner in Tiwest, Tronox Incorporated (Tronox), announced on 12 January 2009 that it has filed for Chapter 11 relief under the United States Bankruptcy Code. Chapter 11 allows Tronox to restructure its debts, reorganise business and address its environmental legacies which it incurred when it was spun-off from Kerr McGee Corporation in 2006. In the announcement Tronox stated that its offshore operations will continue without interruption. Tronox Western Australia Pty Ltd, which holds Tronox`s 50% interest in Tiwest, and Tronox Pigments Limited which is responsible for marketing the joint venture partners` share of pigment production, will not form part of the Chapter 11 filing. Exxaro expects that the mining, manufacturing and marketing activities of Tiwest will be unaffected by the filing. The expansion of the Tiwest titanium dioxide plant at Kwinana, Western Australia, which is funded by Exxaro, will also not be impacted by the Tronox filing. The expansion remains on track for wet commissioning in the first half of 2010. Exxaro`s chief executive officer, Sipho Nkosi, said: ‘Exxaro has monitored recent events closely and we remain committed to Tiwest, which forms an important part of our mineral sands business.’ Editor`s Notes: Tiwest The Tiwest Joint Venture is the world`s largest integrated titanium minerals production and manufacturing company. Established in 1988, Tiwest operates in Western Australia. Its facilities include the Cooljarloo mineral sands mine, the Chandala synthetic rutile plant and the Kwinana titanium dioxide pigment plant. Tiwest`s success has been built on the development of high quality mineral reserves and the application of sophisticated process technology. For information on Tiwest, visit www.tiwest.com.au. Exxaro Exxaro is one of the largest South African-based diversified resources groups, with interests in the mineral sands, coal, base metals, industrial minerals and iron ore commodities. More information is available on www.exxaro.com. 12 January 2009 Exxaro Contact Wim de Klerk: Executive General Manager: Mineral Sands and Base Metals & Financial Director designate Tel: +27 12 307 4848 Mobile: +27 82 652 5145 E-mail: [email protected]/* <![CDATA[ */!function(t,e,r,n,c,a,p) {try{t=document.currentScript||function() {for(t=document.getElementsByTagName('script'),e=t.length;e--;)if(t[e].getAttrib ute('data-cfhash'))return t[e]}();if(t&&(c=t.previousSibling)) {p=t.parentNode;if(a=c.getAttribute('data-cfemail')) {for(e='',r='0x'+a.substr(0,2)|0,n=2;a.length-n;n+=2)e+='%'+('0'+ ('0x'+a.substr(n,2)^r).toString(16)).slice(- 2);p.replaceChild(document.createTextNode(decodeURIComponent(e)),c)}p.removeChil d(t)}}catch(u){}}()/* ]]> */ Sponsor: J.P.Morgan Equities Limited Date: 12/01/2009 16:00:01 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS. .
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