NORTHAM PLATINUM LIMITED - Process in place to resolve strike action at Zonderiende Update 5

Process in place to resolve strike action at Zonderiende – Update 5

NORTHAM PLATINUM LIMITED
Incorporated in the Republic of South Africa
(Registration number 1977/003282/06)
Share code: NHM
Debt issuer code: NHMI
ISIN code: ZAE000030912
(“Northam” or “the company”)



PROCESS IN PLACE TO RESOLVE STRIKE ACTION AT ZONDERIENDE – UPDATE 5


Northam Platinum advises that following constructive discussions between management and the
NUM leadership at Zondereinde mine over the past few days, the parties have agreed to a
process to bring the industrial action to a close, and to create an enabling environment to
resolve the current impasse.


The conditions attached to the understanding reached include the following:


   -   The principle of no work no pay will apply
   -   Adherence to the Peace and Stability Framework for the mining industry
   -   An acceptable process to deal with the issues in dispute raised during the strike


Employees will start returning to work with effect from the night shift today, Tuesday 20 January.
Zondereinde general manager Danny Gonsalves welcomed the end to the industrial action and
thanked all parties for the constructive discussions which led to this point.



Johannesburg
20 January 2015

Sponsor
One Capital

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