Fulfilment of Conditions Precedent CHROMETCO LIMITED (Incorporated in the Republic of South Africa) (Registration number: 2002/026265/06) Share code: CMO ISIN Code: ZAE000070249 (“Chrometco” or “the Company”) FULFILMENT OF CONDITIONS PRECEDENT Shareholders are referred to the circular dated 2 October 2012 regarding the acquisition by Chrometco of drill data, drill core and the abandonment of prospecting rights by NKWE Platinum (South Africa) Proprietary Limited (“NKWE”) and Realm Resources Limited (“Realm”) in favour of Chrometco (“the Transaction”), as well as subsequent updates. Chrometco is pleased to announce that subsequent to receiving a letter from the Department of Mineral Resources granting consent in terms of section 102 of the Mineral and Petroleum Resources Development Act No 28 of 2002 to include PGMs, base and other metals to the existing mining right for Chrome over the remainder portion of Rooderand, all conditions precedent to the Transaction have been fulfilled. The Company has applied to the JSE to issue the final tranche of shares, being a total of 70 million shares, being 35 million to each of NKWE and Realm. This is a major milestone in transforming the Company from a Chrome only, to a Chrome and PGM entity. The Company will continue to look for opportunities to add and unlock value for shareholders 11 November 2015 Johannesburg Designated advisor PSG Capital Proprietary Limited Date: 11/11/2015 12:15:00 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.