Exercise of Conditional Awards Granted in terms of the Long Term Incentive Plan IMPALA PLATINUM HOLDINGS LIMITED (Incorporated in the Republic of South Africa) (Registration number 1957/001979/06) JSE Share code: IMP ISIN: ZAE000083648 ADR code: IMPUY (“Implats”) EXERCISE OF CONDITIONAL AWARDS GRANTED IN TERMS OF THE LONG TERM INCENTIVE PLAN (LTIP SCHEME) BY A COMPANY SECRETARY OF IMPLATS In compliance with paragraphs 3.63 to 3.65 of the JSE Limited Listings Requirements, notice is hereby given that the Company Secretary of Implats exercised awards granted in terms of the LTIP Scheme and sold Implats ordinary shares, after having received clearance to do so in terms of paragraph 3.66 of the JSE Limited Listings Requirements. Class of shares: Ordinary Nature of transaction: Exercise of conditional awards granted and on market sale in terms of the LTIP Scheme Nature of interest: Direct Beneficial Date of transaction: 16 November 2016 Name: TT Llale Company Secretary: Impala Platinum Holdings Limited Number of shares vested and shares sold: 724 VWAP on day of vesting: R50.89 Sale price per share: R50.89 Value of shares: R36 844.36 Queries: Johan Theron E-mail: johan.theron@implats.co.za T: +27 (0) 11 731 9013/43 M: +27 (0) 82 809 0166 Alice Lourens E-mail: alice.lourens@implats.co.za T: +27 (0) 11 731 9033/43 M: +27 (0) 82 498 3608 17 November 2016 Johannesburg Sponsor to Implats Deutsche Securities (SA) Proprietary Limited Date: 17/11/2016 04:04:00 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.