NORTHAM PLATINUM LIMITED - Update on the sale of Booysendal South

Update on the sale of Booysendal South

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”)


               UPDATE ON THE SALE OF BOOYSENDAL SOUTH


Northam confirms that the termination date for the fulfillment of certain of the

conditions precedent to the implementation of the sale of Booysendal South to

Aquarius Platinum (South Africa) Proprietary Limited, a subsidiary of Aquarius

Platinum Limited (‘Aquarius’) expired on 30 April 2013.


These conditions included the amendments of the relevant mining rights to effect the

transfer of Booysendal South to Aquarius in terms of Section 102 of the Mineral and

Petroleum Resources Development Act.


Booysendal South is important to the development of Aquarius’ Everest Mine.

Accordingly, Northam has been advised by Aquarius that it will remain in contact with

the Department of Mineral Resources and Northam in connection with the proposed

transaction.




Johannesburg
2 May 2013


Sponsor
One Capital

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