NORTHAM PLATINUM LIMITED - Dealings in securities

Dealings in securities

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

DEALINGS IN SECURITIES

In compliance with paragraphs 3.63 to 3.66 of the JSE Limited (“JSE”) Listings Requirements, Northam advises
its shareholders of the following dealing by a director of the company:

Exercise of Northam options
Name of director                                              Ayanda Zemini Khumalo
Date of transaction                                           9 March 2016
Nature of transaction                                         Exercise of options, paid out as Appreciation
                                                              Cash, in terms of the Northam Share Option
                                                              Scheme. These options did vest on 1 July 2012
                                                              and Mr Khumalo is required to exercise these
                                                              options, on or before 30 June 2017, failing which
                                                              they will lapse.
Class of securities                                           Appreciation Cash in respect of ordinary shares.
Number of options                                             125,000 options and 4,901 claw back options
Price at which options were granted                           R45.59 and R40.00 for the claw back options
Price at which options were exercised                         R48.40
Value of transaction                                          R392,418.40
Nature and extent of director’s interest                      Direct beneficial
Transaction completed on market                               No
Clearance obtained in terms of paragraph 3.66 of the JSE      Yes
Listings Requirements


Purchase of Zambezi Platinum (RF) Limited (“Zambezi Platinum”) preference shares (“preference shares”)


In terms of the Northam BEE transaction implemented on 18 May 2015, Zambezi Platinum holds ordinary
shares in Northam. Pursuant to the preference share terms, Zambezi Platinum is entitled to elect to settle the
preference share redemption amount in cash, Northam ordinary shares or a combination thereof. Accordingly,
in compliance with paragraphs 3.63 to 3.66 of the JSE Listings Requirements, Northam advises its shareholders
of the following dealings by a director of the company and of Zambezi Platinum:

Name of director                                              Ayanda Zemini Khumalo
Nature of transactions                                        Direct purchase of preference shares
Class of shares                                               Preference shares


Transaction 1
Date of transaction                                           11 March 2016
Price per preference share                                    R43.50
Total number of preference shares                             25 preference shares
Value of transaction                                          R1,087.50
Nature and extent of director’s interest                      Direct beneficial interest in Zambezi Platinum
                                                              resulting in an indirect exposure to Northam
                                                              ordinary shares
Transaction completed on market                               Yes
Clearance obtained in terms of paragraph 3.66 of the JSE      Yes
Listings Requirements



Transaction 2
Date of transaction                                           14 March 2016
Price per preference share                                    R44.50
Total number of preference shares                             475 preference shares
Value of transaction                                          R21,137.50
Nature and extent of director’s interest                      Direct beneficial interest in Zambezi Platinum
                                                              resulting in an indirect exposure to Northam
                                                              ordinary shares
Transaction completed on market                               Yes
Clearance obtained in terms of paragraph 3.66 of the JSE      Yes
Listings Requirements


Johannesburg
15 March 2016

Sponsor and Debt Sponsor
One Capital

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