IMP - Impala Platinum Holdings Limited - Second update: Work stoppage by rock

IMP - Impala Platinum Holdings Limited - Second update: Work stoppage by rock   
drill operators at Impala Rustenburg                                            
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" or "the Company")                                                    
SECOND UPDATE: WORK STOPPAGE BY ROCK DRILL OPERATORS AT IMPALA RUSTENBURG       
Implats wishes to advise that the rock drill operators (RDO`s), who             
participated in an illegal work stoppage and who failed to report for duty on   
Tuesday, 24 January 2012 have been dismissed.  These employees have been given  
the opportunity to reapply for their positions up until Friday, 27 January 2012.
As of this afternoon, approximately 15% have returned to work.                  
The Company has engaged with the National Union of Mineworkers (NUM) to         
encourage RDO`s to return to work where their issues then can be dealt with     
in an appropriate forum.                                                        
Further announcements will be made in due course.                               
26 January 2012                                                                 
Johannesburg                                                                    
Issued by sponsor: Deutsche Securities (SA) (Proprietary) Limited               
Date: 26/01/2012 16:00:20 Supplied by www.sharenet.co.za                     
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