Director/PDMR Shareholding

African Rainbow Minerals Limited

(Incorporated in the Republic of South Africa)

(Registration Number 1933/004580/06)

JSE Share code: ARI

LSE Share code: AGM

ISIN: ZAE000054045

('ARM' or 'the Company')

Director's dealings in ARM securities

In compliance with paragraph 3.63 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                    Non-executive                          
                                                                               
Name of company                         African Rainbow Minerals Limited       

1     Date of transaction               19 October 2005                        
                                                                               
      Nature of transaction             Sale of shares                         
                                                                               
      Class of securities               Ordinary shares                        
                                                                               
      Number of securities              1 049                                  
                                                                               
      Selling price of securities       R39,00                                 
                                                                               
      Total value of transaction        R41 691,00                             
                                                                               
      Nature of interest                Indirect, non-beneficial               
                                                                               
      Clearance to deal                 Yes                                    
                                                                               

Sandton

20 October 2005

Sponsor to ARM:

Deutsche Securities (SA) (Proprietary) Limited