Notification in terms of section 122(3)(b) of the Companies Act, No. 71 of 2008 and section 3.83(b) of the JSE NORTHAM PLATINUM LIMITED Incorporated in the Republic of South Africa (Registration number 1977/003282/06) JSE share code: NHM ISIN code: ZAE000030912 Debt issuer code: NHM001 ISIN code: ZAG000099524 (“Northam”) NOTIFICATION IN TERMS OF SECTION 122(3)(b) OF THE COMPANIES ACT, NO. 71 OF 2008 (THE "ACT") AND SECTION 3.83(b) OF THE JSE LIMITED LISTINGS REQUIREMENTS (“JSE LISTING REQUIREMENTS”) Shareholders are referred to the Northam SENS announcement published on Wednesday, 20 May 2015 pertaining to the notification received from shareholders in terms of section 122(3)(b) of the Act and section 3.83(b) of the JSE Listings Requirements. The Public Investment Corporation SOC Ltd. (''PIC'') disposed of shares in Northam pursuant to Northam’s R6.6 billion, 10 year, secured broad-based black economic empowerment transaction (BEE Transaction). Following a review of their external managed holdings, the PIC has confirmed its total interest in the issued ordinary share capital of Northam to be 7.86% following the BEE Transaction. Northam has filed the relevant notices with the Takeover Regulation Panel in terms of section 122(3)(a) of the Act. Johannesburg 25 May 2015 Sponsor and Debt Sponsor One Capital Date: 25/05/2015 05:00:00 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.