Palabora Mining Company Limited Palabora Copper (Pty) Limited

Registered in the Republic of South Africa, 1 Copper Road Phalaborwa, 1389. Registration No 2007/033694/07

VAT No. 4950252124; Employer's Tax Ref. No. 7430771826; Income Tax Ref. No. 9193800167

P O Box 65

Phalaborwa

1390

Telephone: +27 15 780 2911

Facsimile: +27 15 781 0448

MEDIA RELEASE

Tuesday, 15 July 2014
FOR IMMEDIATE RELAESE

The branch of the National Union of Mineworkers (NUM) awards bursaries to Palabora Copper employees and their dependents

The branch of National Union of Mineworkers announces its plans to award bursaries to previous (retired, medically separated, deceased) and current Palabora Copper employees as well as their recognized dependents. This bursary scheme was made possible by the bounteous donation from Rio Tinto and Anglo American,
the preceding shareholders of Palabora Copper. The trust fund has been established through JB Marks Educational Trust Fund on behalf of NUM to manage this bursary scheme.
The bursary will cover any field of study at a registered South African University, University of Technology as well as FET College, undertaken on part time or full time basis.
"National Union of Mineworkers will endeavor to ensure that all eligible beneficiaries are given equivalent opportunities when applying for these bursaries. This is the
legacy that should be carried through the years by those that will have the fortuity to

Directors:

Clifford N Zungu (Chairman) , Nhlanhla Hlubi, Ray Abrahams, Francine A du Plessis, Peter Ward, George M Negota, Jie Yan#, Ng Tze For (Alternate)^, Jinghua Han^#,

Katinka Schumann, Dikeledi L Nakene# (Chief Financial Officer)

Company Secretary: Keith N Mathole

#Executive Director ^Chinese Director

Registered with the Department of Higher Education - Registration N0 2010/FEo6/006

MS9-TMP-384 Rev. 05

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partake in this bursary scheme", reflected Oupa Magagula, NUM Full Time Shop
Steward.
The bursary applications are now open and will close on Friday, 1 August 2014, which will be followed by the selection process in preparation for the first intake in January 2015. However, applicants will be required to proof dependency to the previous or current Palabora Copper employees in order to be considered for the bursary.
This liberal opportunity for mine workers together with their dependents to further their studies truly echoes words once said by the great Nelson Mandela, "education is the great engine of personal development. It is through education that the daughter of a peasant can become a doctor, that the son of a mineworker can become the head of the mine, and that a child of a farm worker can become the president of a great nation. It is what we make out of what we have, not what we are given, that separates one person from another."

ENDS Note to the Editor about Palabora Copper (Pty) Limited

Palabora Copper (Pty) Limited (Palabora) is a copper mine, smelter and refinery complex based in the town of Phalaborwa, in South Africa's Limpopo Province. The mine owes its origins to a unique rock formation in the region known as the Palabora Igneous Complex.

Palabora has been operational since its incorporation in 1956 and is the country's only producer of refined copper, producing approximately 80 000 tonnes per year. Operational since its incorporation

in 1956, Palabora Copper is South Africa's sole producer of refined copper, which it supplies mainly to the local market and export the balance. Whilst copper forms the base-load of its business, Palabora also mines and exports other by-products such as Magnetite, Vermiculite Sulphuric acid, anode

slimes and nickel sulphate.

More than a mine

Located directly adjacent to the world-renowned eco-tourism attraction, the Kruger National Park, Palabora coordinates several onsite wildlife management and cultural heritage programmes as part of its ongoing sustainability drive. The company also collaborates closely with various communities in

the Ba-Phalaborwa district to boost economic development and alleviate poverty.

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MEDIA CONTACT PERSON

Sisiwe Mthethwa
Manager Training and Development
Human Resources Department
E-mail: mailto:sisiwe.Mthethwa@palabora.co.zasisiwe.Mthethwa@palabora.co.za
Office: 015 780 2727
Cell: 076 910 1582

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