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IMPALA PLATINUM HOLDINGS LIMITED - Proposed compulsory acquisition of Zimplats mining claims

Release Date: 05/03/2013 10:00
Code(s): IMP     PDF:  
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Proposed compulsory acquisition of Zimplats mining claims

Impala Platinum Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration No. 1957/001979/06)
ISIN: ZAE000083648
JSE Share Code : IMP
ADR Code : IMPUY
(“Implats” or “the Group”)

Proposed compulsory acquisition of Zimplats mining claims

Implats wishes to advise shareholders that the Government of Zimbabwe has,
through a Government Gazette Extraordinary dated 1 March 2013 (“Gazette
Extraordinary”), indicated that it intends to compulsorily acquire 27 948 hectares or
approximately 50% of mining claims owned by the operating subsidiary of the Group,
Zimbabwe Platinum Mines (Private) Limited (“Zimplats”), and that such claims would
be used “for the benefit of the public”. Zimplats has 30 days from the publication of
the Gazette Extraordinary to lodge a written objection with the acquiring authority.

Implats and Zimplats are taking legal advice in order to protect their rights and, in
addition, remain in consultation with the relevant Government authorities.
Shareholders will be kept informed of any material developments.

For further information contact:
Bob Gilmour
Tel: + 27 11 731 9043/13
Mobile: +27 82 453 7100
Email: bob.gilmour@implats.co.za

Johannesburg
5 March 2013

Sponsor
Deutsche Securities (SA) (Proprietary) Limited




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