Northam issues R175 million of domestic medium term notes NORTHAM PLATINUM LIMITED Incorporated in the Republic of South Africa (Registration number 1977/003282/06) Share code: NHM ISIN: ZAE000030912 Debt issuer code: NHMI Bond code: NHM002 Bond ISIN: ZAG000129024 (“Northam” or the “company”) NORTHAM ISSUES R175 MILLION OF DOMESTIC MEDIUM TERM NOTES Northam is pleased to announce that the company has successfully raised term debt through an issue of R175 million five year senior unsecured fixed rate domestic medium term notes (“Notes”). The Notes bear a fixed coupon of 13.50% per annum, payable semi-annually, and will be redeemed on 12 May 2021. The proceeds will further strengthen Northam’s balance sheet and be applied to the development of the company’s project pipeline. Paul Dunne, Northam’s chief executive officer said: “The Notes match Northam’s project development requirements and a fixed rate allows for prudent forecasting of the debt cash flows over the term. We are pleased to have again received support from the market and believe that it reaffirms investor confidence in our growth strategy.” Johannesburg 13 May 2016 Arranger, Dealer, JSE Sponsor and Debt Sponsor One Capital Legal Advisor to Northam in respect of the Notes Bowman Gilfillan Inc. Date: 13/05/2016 08:00:00 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.