Northam’s R6.6 billion Black Economic Empowerment Transaction approved and results of general meeting NORTHAM PLATINUM LIMITED Incorporated in the Republic of South Africa (Registration number 1977/003282/06) Share issuer code: NHM ISIN code: ZAE000030912 Debt issuer code: NHMI ISIN code: ZAG000099524 (“Northam”) NORTHAM’S R6.6 BILLION BLACK ECONOMIC EMPOWERMENT TRANSACTION APPROVED AND RESULTS OF GENERAL MEETING Northam shareholders (“shareholders”) are advised that at the general meeting (“GM”) of shareholders held on Thursday, 19 March 2015, the special and ordinary resolutions, as set out in the notice of GM dated 17 February 2015, were approved by the requisite majority of shareholders present or represented by proxy at the GM. Paul Dunne, Chief Executive Officer of Northam, said: “Northam is delighted to announce the approval of our landmark BEE transaction. Northam appreciates the overwhelming shareholder support. The exceptionally high shareholder turnout confirms the importance of this transaction to Northam’s shareholders and the deep level of support for the transaction.” The following tables set out the percentage of votes exercised For and Against each resolution at the GM, and the Percentages Abstained. In summary, the resolutions essential to the implementation of the proposed black economic empowerment transaction received shareholder approvals of between 98.6% and 99.1%. The proposed change in Northam’s memorandum of incorporation received 84.3% shareholder approval. More than 91% of Northam’s shareholders voted on the resolutions. In the tables below, the: - Shares Voted on a resolution are disclosed as a number and a percentage in relation to the total issued share capital of Northam; - Votes carried For and Against on a resolution are disclosed as a percentage in relation to the total number of shares voted at the GM; and - Percentage Abstained is calculated as a percentage of the total issued share capital of Northam. Special resolution number 1 – adoption of new MOI * Shares Voted For Against Percentage Abstained 364 047 236 84.3% 15.7% 0.1% 91.6% * Special resolution number 1 will be filed with the Companies and Intellectual Property Commission in due course. Special resolution number 2 – directors’ authority to issue shares in terms of sections 41(1) and 41(3) of the Companies Act Shares Voted For Against Percentage Abstained 364 512 586 99.0% 1.0% 0.0% 91.7% Special resolution number 3 – financial assistance in terms of sections 44 and 45 of the Companies Act Shares Voted For Against Percentage Abstained 362 995 678 99.1% 0.9% 0.4% 91.3% Special resolution number 4 – general authority to repurchase issued shares Shares Voted For Against Percentage Abstained 364 155 781 98.6% 1.4% 0.1% 91.6% Ordinary resolution number 1 – specific issue of subscription shares Shares Voted * For Against Percentage Abstained 291 311 512 98.8% 1.2% 18.4% 73.3% * As set out in the GM notice to shareholders, the PIC and its associates were not permitted to vote on ordinary resolution number 1. Ordinary resolution number 2 – specific issue of new Northam shares Shares Voted * For Against Percentage Abstained 291 311 512 98.8% 1.2% 18.4% 73.3% * As set out in the GM notice to shareholders, the PIC and its associates were not permitted to vote on ordinary resolution number 2. Johannesburg 19 March 2015 Sole Corporate Advisor, Bookrunner, Sponsor and Debt Sponsor One Capital Date: 19/03/2015 01:50:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.