Kumba Iron Ore Ltd. : Kumba Iron Ore Limited production and sales report for the quarter ended 30 September 2013

Kumba Iron Ore Limited ("Kumba") today released its production and sales report for the quarter ended 30 September 2013. Throughout this report, production and sales volumes referred to are 100% of Sishen Iron Ore Company Proprietary Limited ("SIOC"), and attributable to shareholders of Kumba as well as the non-controlling interests in SIOC.

• Total production decreased by 24% compared to Q3 2012 and by 16% compared to the pvious quarter to 9.5 Mt, mainly impacted by ongoing pit constraints at Sishen mine and section 54 regulatory stoppages in August 2013.

• Exceptional performance at Kolomela mine continued with 2.8 Mt produced for the quarter, an increase of 12% compared to Q3 2012 and 9% compared to the pvious quarter.

• Total export sales volumes decreased by 5% compared to Q3 2012 and by 7% compared to the pvious quarter to 9.4 Mt.

Sishen mine's production decreased by 34% compared to Q3 2012 and by 25% compared to the pvious quarter to 6.4 Mt. Production was mainly impacted by availability of material supplied to the mine's plants as well as section 54 regulatory stoppages relating to the operation of trackless mobile machinery in August 2013 and the subsequent ramp up of the mine. The Sishen mine pit is currently operating at a quarterly run rate of approximately 8 Mt. A plan to address the current pit constraints and a longer term operational strategy is expected to be psented by the end of the year.

Kolomela mine produced 2.8 Mt for the quarter, an increase of 12% compared to Q3 2012 and 9% on the pvious quarter. Kolomela mine is anticipated to produce approximately 10 Mt in 2013, above its 9 Mtpa design capacity.

Production at Thabazimbi mine decreased by 1% compared to Q3 2012 and increased by 81% compared to the pvious quarter to 0.2 Mt, in line with ArcelorMittal South Africa Limited's ("AMSA") requirements. Pit complexities and geotechnical challenges continue as the mine approaches the end of its life in terms of its current life of mine plan.

As pviously announced, SIOC and AMSA are engaging with one another in relation to the possibility of a new supply agreement for iron ore from SIOC's mines including the Sishen and Thabazimbi mines. Shareholders will be informed of further developments as appropriate.

Total export sales volumes decreased by 5% compared to Q3 2012 and by 7% compared to the pvious quarter to 9.4 Mt, mainly due to the reduction in Sishen mine's production as well as the annual maintenance shutdown of the rail line and port by Transnet, partially offset by Kolomela mine's production gains. Export sales volumes for 2013 are anticipated to be lower than the pviously guided 40Mt and are dependent on production levels.

Domestic sales volumes increased by 13% compared to Q3 2012 and by 16% on the pvious quarter to 1.3 Mt, due to increased off-take by AMSA.

Total finished product stockpile levels amounted to 2.2 Mt as at 30 September 2013 compared to 5.2 Mt as at 30 September 2012.

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