NORTHAM PLATINUM LIMITED - Zondeiende Mine Update 6

Zondeiende Mine Update 6

NORTHAM PLATINUM LIMITED
Incorporated in the Republic of South Africa
(Registration number 1977/003282/06)
Share issuer code: NHM
Debt issuer code: NHMI
ISIN code: ZAE000030912
(“Northam” or “the company”)


Zondereinde mine update 6

The management of Northam advises that revenue losses at the company’s Zondereinde
mine to date have grown to approximately R200 million.

The revenue losses result from a strike by the National Union of Mineworkers (NUM) which
has declined the company’s offer for wage increases of up to 9%. Employees have lost R30
million in wages to date.

The strike enters its 14th day today. On average, Zondereinde produces 1 000 oz
(3PGE+Au) on a daily basis.

The company cannot accede to the NUM’s demands, which would significantly raise the cost
base of the business and jeopardise the sustainability of the company and jobs, in the longer
term.



For further information on the company’s offer and the union’s demands see:
http://wagenegotiations.northam.co.za/latest-news/2013



Johannesburg
20 November 2013

Sponsor and Debt Sponsor
One Capital

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