IMP - Impala Platinum Holdings Limited - Update on work stoppage at Impala

IMP - Impala Platinum Holdings Limited - Update on work stoppage 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")                                                    
UPDATE ON WORK STOPPAGE AT IMPALA RUSTENBURG                                    
Implats wishes to advise that the majority of the mining workforce at its       
Impala Rustenburg operation failed to report for duty this morning, Wednesday   
1 February 2012.  Incidents of intimidation have been reported across the       
property.                                                                       
As the strike has been declared illegal, the Company, in line with its          
ultimatum, will initiate dismissal procedures.  The Company will begin a        
process of rehiring for those employees who wish to reapply for their positions.
Further announcements will be made in due course.                               
1 February 2012                                                                 
Johannesburg                                                                    
Issued by sponsor: Deutsche Securities (SA) (Proprietary) Limited               
Date: 01/02/2012 13:30:01 Supplied by www.sharenet.co.za                     
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