Shareholder information

Market listings and other information

The principal market for Kumba Iron Ore Limited is the JSE. As a constituent of the All Share Top 40 index (ALSI 40 index), Kumba Iron Ore shares trade through the STRATE system.

STRATE is the authorised CSD for equities in South Africa that incorporates an electronic settlement system. STRATE achieves secure, electronic settlement of share transactions on the JSE and for off-market trades. Shares in companies listed on the JSE can no longer be traded unless they have been dematerialised on to the STRATE system. This process involves submitting paper share certificates to a custodian bank or JSE member firm (broker) for conversion into an electronic record, an exercise referred to as dematerialisation.

 The introduction of the Johannesburg Equity Trading (JET) system a few years ago highlighted the deficiencies in the JSE’s paper-based settlement system. Shares were no longer traded on a trading floor, and this contributed to a massive leap in the number of trades each day. Back office support services were incapable of handling this increase in daily transactions efficiently in a paper-based environment. The transition to an efficient settlement system has increased market activity and certainly will improve the international perception of the South African market by reducing settlement and operational risk in the market, increasing efficiency and ultimately reducing costs. Accordingly, by heightening investor appeal, STRATE enables South Africa to compete effectively with other international markets, and not just those of emerging countries. For additional information please refer to the STRATE website at: www.strate.co.za

Closing JSE share prices are published in most national and regional South African newspapers and are available during the day on the Kumba Iron Ore and other websites. Share prices are also available on I-Net Bridge, Reuters and Bloomberg.

ADR holders

Kumba Iron Ore has an over the counter American depository receipt (ADR) facility with the Bank of New York (BoNY) under a deposit agreement.

ADR holders may instruct the BoNY as to how the shares represented by their ADR’s should be voted. Registered holders of ADR’s will have the annual and interim reports mailed to them at their recorded address by the BoNY. Brokers or financial institutions, which hold ADR’s for shareholder clients, are responsible for forwarding shareholder information to their clients and will be provided with copies of the annual and interim reports for this purpose.

Dividend determination

Dividends are determined in South African rand (ZAR) and are then declared payable in the same currency. ADR holders are paid in US dollar by the BoNY. BoNY effects the conversion of ZAR determined
dividend in US dollars on behalf of its US ADR holders. Contact Computershare or BoNY for further details.

Electronic publication of financial statements

Shareholders wishing to receive the annual report and/or interim report in electronic rather than paper form should register their instruction on the Kumba Iron Ore website at www.kumba.co.za

Major shareholders

As of 31 December 2006, the two entities known to Kumba Iron Ore as owning more than 10 percent of its shares were Anglo American plc (via Anglo South Africa Capital (Pty) Limited and Stimela Mining Holding (Pty) Limited) and the Industrial Development Corporation of South Africa (IDC) with 201 092 500 and 41 498 615 shares representing 64,13 percent and 13,23 percent of the issued share capital of Kumba Iron Ore respectively.

As of 31 December 2006, the total number of the voting securities owned by the directors of Kumba Iron Ore was 635 ordinary shares representing approximately 0,0002 percent of the number of shares in issue.

AGM

For more information on the AGM to be held on Thursday, 24 May 2007 at 12:00 at the Johannesburg Country Club, refer to the notice of the meeting.

Supplementary information

General shareholder enquiries

Computershare is the registrar for Kumba Iron Ore. All enquiries and correspondence concerning shareholding (other than shares held in ADR form) should be directed to the registrar. Computershare’s contact details are on the inside back cover. Shareholders must notify Computershare promptly in writing of any change of address.

All enquiries concerning shares held in ADR form should be directed to the BoNY, whose contact details are also given on the inside back cover or alternatively visit their website at: www.adrbny.com

Shareholders can obtain details about their own shareholding on the internet. Full details, including how to gain secure access to this personalised enquiry facility, are provided on the Computershare website at: www.computershare.com

Consolidation of share certificates

If your certificated shareholding in Kumba Iron Ore is represented by several individual share certificates, you may wish to have these replaced by one consolidated certificate; there is no charge for this service. You should send your share certificates to Computershare together with a letter of instruction.