Press releases

Kumba's results for the twelve months ended 31 December 2014 ("the period") will be released on SENS on 10 February 2015. In this regard, shareholders are advised that headline earnings for the period are likely to be between R10.610 million and R11.410 million, with basic earnings expected to be between R10.220 million and R11.020 million. Headline earnings per share ("HEPS") is likely to be between R33.10 and R35.60, a decrease of between 26% and 31%, with basic earnings per share ("EPS") expected to be between R31.90 and R34.40, a decrease of between 28% and 34%.

Reported headline earnings and basic earnings for the 12 months ended 31 December 2013 (released on SENS on 11 February 2014) ("the comparative period") were R15.443 million and R15.446 million respectively, while reported HEPS and EPS for the comparative period were R48.08 and R48.09 respectively. The decrease in earnings is largely attributable to a significant decrease in export iron ore prices, partially offset by a weaker exchange rate during the period.



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