Director’s dealings in ARM securities

In compliance with paragraphs 3.63 � 3.66 of the Listings Requirements of the JSE Securities Exchange South Africa, we hereby advise the following dealings by a director in ARM securities:

Name of director : Richard Peter Menell
Category of director : Nonexecutive
Name of company : African Rainbow Minerals Limited

1. Dates of transactions 30 and 31 May and 1 June 2005
Price of securities R33,85
Number of securities 165 000
Total value of securities R5 585 745,00
Class of securities Ordinary shares
Nature of transaction Disposal of ordinary shares
Interest (direct/indirect) Direct beneficial
Clearance to deal received Yes

2. Date of transaction 27 May 2005
Price of securities R32,98
Number of securities 100 000
Total value of securities R3 298 670,00
Class of securities Ordinary shares
Nature of transaction Sale
Interest (direct/indirect) Indirect nonbeneficial
Clearance to deal received Yes

Sponsor to ARM:
Deutsche Securities (SA) (Proprietary) Limited