Anglo American plc (registration number 3564138), a public company duly registered and incorporated with limited liability in accordance with the company laws of England and Wales, the ordinary shares of which are listed on the London Stock Exchange plc (primary listing), the JSE, the SWX Swiss Exchange, the Botswana Stock Exchange and the Namibian Stock Exchange. Anglo American plc is the majority shareholder in Kumba Iron Ore (64,1 percent)

Anglo American plc and all of its subsidiaries whether direct or indirect

Mittal Steel Company N.V. (NYSE: MT). Also see Mittal

The articles of association of Kumba Iron Ore Limited

To give effect to the right to fair labour practices referred to in section 23(1) of the Constitution by establishing and making provision for the regulation of basic conditions of employment; and thereby to comply with the obligations of the Republic as a member state of the International Labour Organisation; and to provide for matters connected therewith

Black economic empowerment

The Mining Charter provides for HDSA empowerment in South African mining industry in accordance with the objectives of the MRDPA

Comprise cash on hand and current accounts in bank, net of bank overdrafts together with any highly liquid investments readily convertible to known amounts of cash and not subject to significant risk of changes in value

Chief executive officer

Chief financial officer

Cash generating unit

Capital gains tax

Commonwealth of independent states

Computershare Investor Services 2004 (Pty) Limited (registration number 2004/003647/07, a private company duly registered and incorporated with limited liability in accordance with the company laws of South Africa and the transfer secretaries and registrar of Kumba Iron Ore

The Companies Act, No 61 of 1973, as amended

Central securities depository

Companhia Vale do Rio Doce

Department of Minerals and Energy

Dense Medium Separation

Net operating profit before interest and tax

Net operating profit before interest, tax, depreciation and amortisation

Applies to all employers and workers and protects workers and job seekers from unfair discrimination, and also provides a framework for implementing affirmative action

Environmental management programme report

Earnings attributable to ordinary shareholders divided by the weighted average number of ordinary shares in issue during the year

Earnings attributable to ordinary shareholders adjusted for profits and losses on items of a capital nature recognising the taxation and minority impacts on these adjustments divided by the weighted average number of ordinary shares in issue during the year

Earnings attributable to ordinary shareholders divided by the weighted average number of ordinary shares in issue during the year increased by the number of additional ordinary shares that would have been outstanding assuming the conversion of all dilutive potential ordinary shares

The currency of the Euro zone countries

The Exchange Control Department of the South African Reserve Bank

Exchange Control Regulations, 1961, as amended, promulgated in terms of section 9 of the Currency and Exchanges Act, No 9 of 1933

The former Kumba Resources Limited. Its name was changed to Exxaro Resources Limited in November 2006, following the listing of Kumba Iron Ore Limited on the JSE

Iron

Forward exchange contracts

Fatal injury frequency rate – number of deaths per million man hours worked

Free on board

Global Reporting Initiative

Historically disadvantaged South African, being any natural person, a category or community of persons, an unincorporated entity or association, a trust, a company or a corporate entity (other than a trust) disadvantaged in law by unfair discrimination before the Constitution of the Republic of South Africa Act, No 200 of 1993, came into operation

The Industrial Development Corporation of South Africa Limited (registration number 1940/014201/06), a body corporate created under section 2 of the Industrial Development Act, No 22 of 1940

The Income Tax Act, No 58 of 1962, as amended

Integrated risk management

Iscor Limited – refer to the definition of Mittal Steel below

International Standards Organisation

A family of ISO (the International Organisation for Standardisation) standards for quality management systems

Environmental standards issued by the International Standards Organisation – to implement sound environmental management systems

The JSE Limited (registration number 2005/022939/06), a public company duly registered and incorporated with limited liability in accordance with the company laws of South Africa, licensed as an exchange under the Securities Services Act, No 36 of 2004

The King Report on Corporate Governance for South Africa, 2002

Kumba International BV (registration number 34218341), an unlisted public company duly registered and incorporated with limited liability in accordance with the company laws of the Netherlands and an indirect wholly-owned subsidiary of SIOC

Kumba Iron Ore Limited (formerly Vicva 177 (Pty) Limited) (registration number 2005/015852/06), a public company duly registered and incorporated with limited liability in accordance with the company laws of South Africa

The board of directors of Kumba Iron Ore

The directors of Kumba Iron Ore

Kumba Iron Ore and all of its subsidiaries whether direct or indirect

The Kumba Iron Ore Management Share Purchase and Option Scheme

Holders of Kumba Iron Ore shares

Ordinary shares having a par value of one cent each in the issued share capital of Kumba Iron Ore

Kumba Resources Limited (registration number 2000/011076/06), a public company duly registered and incorporated with limited liability in accordance with the company laws of South Africa, the ordinary shares of which are listed on the JSE and which was renamed Exxaro

The Kumba Iron Ore Management Share Purchase and Option Scheme

The number of years that an operation is planning to mine and treat ore, taken from the current mine plan

Lost time injury

Lost time injury frequency rate, quoted in million man hours

The Broad-based Socio-economic Empowerment Charter for the South African mining industry, developed under section 100 of the Mineral and Petroleum Resources Development Act, 2002 together with the Charter Scorecard, and any amended or replacement Mining Charter and/or Charter Scorecard from time to time

Mineral and Petroleum Resource Development Act 28 of 2002

Mittal Steel South Africa Limited (registration number 1989/002164/06), formerly Ispat Iscor, formerly Iscor, a public company duly registered and incorporated with limited liability in accordance with the company laws of South Africa, the ordinary shares of which are listed on the JSE

Million metric tonnes

Million metric tonnes per annum

Total assets less current and non-current liabilities less minority interest which equates to ordinary shareholders’ equity

Noise induced hearing loss

The name given to the project of unbundling Kumba Resources Limited into two separately listed companies

The currency of South Africa

Reverse cycle drilling

The register of shareholders of Kumba Iron Ore

Run of mine

Sishen Expansion Project – SEP1 and SEP2

Sishen Iron Ore Company (Pty) Limited (registration number 2000/011085/07), a private company duly registered and incorporated with limited liability in accordance with the company laws of South Africa and a subsidiary of Kumba Iron Ore

SIOC Community Development Trust, masters reference number IT10454/06, a trust established for the ultimate benefit of communities and community-based projects in the Northern Cape and Limpopo Provinces, and potentially in other areas in which SIOC conducts mining operations

Two consecutive Employee Share Participation Schemes of five years each have been established for the benefit of participating employees of SIOC and whose beneficiaries will be mainly HDSAs. It is named Envision.

SIOC Employee Share Participation Scheme Trust, masters reference number it IT10288/06, a trust established for the purpose of holding SIOC shares for the benefit of participating employees

Safety, Health and Environmental

The Republic of South Africa

Any person or body with a direct or indirect interest in Kumba Iron Ore operations, or with the ability to affect Kumba Iron Ore operations, or who is required to be informed of our operations

Standard tax on companies

A subsidiary as defined in the Companies Act

Total injury frequency rate

United Kingdom

United States of America

The currency of the United States of America

South African rand