Director 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 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 : Non-executive

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 non-beneficial

Clearance to deal received Yes

Sandton

2 June 2005

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