IMP - Impala Platinum Holdings Limited - Zimbabwean Indigenisation and

IMP - Impala Platinum Holdings Limited - Zimbabwean Indigenisation and          
Economic Empowerment Legislation                                                
Impala Platinum Holdings Limited                                                
(Incorporated in the Republic of South Africa)                                  
(Registration No. 1957/001979/06)                                               
ISIN: ZAE000083648                                                              
JSE Share Code : IMP                                                            
LSE Share Code : IPLA                                                           
ADR Code : IMPUY                                                                
("Implats")                                                                     
ZIMBABWEAN INDIGENISATION AND ECONOMIC EMPOWERMENT LEGISLATION                  
Implats confirms that its Zimbabwean subsidiary, Zimbabwe Platinum Mines        
(Pvt) Limited ("Zimbabwe Platinum Mines"), and its joint venture, Mimosa        
Platinum (Pvt) Limited ("Mimosa Platinum") (collectively "the Companies")       
received letters dated 17 August 2011 from the Zimbabwean Minister of Youth     
Development, Indigenisation and Empowerment (the "Minister") informing the      
Companies that their Indigenisation Plans had been rejected. Zimbabwe           
Platinum Mines has been given 14(fourteen) days to provide the Minister with    
reasons as to why its business operation licence should not be cancelled,       
whereas Mimosa Platinum has been given 14 (fourteen) days to submit a           
revised Indigenisation Plan.                                                    
Discussions between management and the relevant authorities in this regard      
are on-going and shareholders will be advised of any future developments.       
Shareholders should note that several other companies from the mining,          
financial and industrial sectors, have received similar letters to the ones     
received by the Companies.                                                      
23 August 2011                                                                  
Johannesburg                                                                    
Issued by Sponsor: Deutsche Securities (SA) (Proprietary) Limited               
Date: 23/08/2011 12:30:01 Supplied by www.sharenet.co.za                     
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