Atlatsa’s Bokoni Platinum mine concludes two-year wage agreement with employees Atlatsa Resources Corporation (Incorporated in British Columbia, Canada) (Registration number 10022-2033) TSX/JSE share code: ATL ISIN: CA0494771029 (“Atlatsa”) ATLATSA’S BOKONI PLATINUM MINE CONCLUDES TWO-YEAR WAGE AGREEMENT WITH EMPLOYEES November 18, 2016 Atlatsa Resources Corporation (“Atlatsa”) (TSX: ATL; JSE: ATL) is pleased to announce that Bokoni Platinum Mines (Proprietary) Limited (“Bokoni Mine”) has concluded a two-year wage agreement (“the Agreement”) with the National Union of Mineworkers (NUM), Togetherness Amalgamated Workers Union of South Africa (TAWUSA) and the United Association of South Africa, (UASA) retrospectively effective from 1 July 2016. The Agreement has been extended to all non-union affiliated employees in terms of section 23 of the Labour Relations Act 66 of 1995. The Agreement includes*: Increase in basic pay Band 2016 2017 A1 – B7 ZAR850 per month ZAR1 000 per month C1 – D1 6% per annum 6.5% per annum Increase in allowances (per month) Allowances 2016 2017 Living out allowance ZAR50 ZAR100 Home ownership allowance ZAR50 ZAR100 Medical aid contributions 5% 5.5% Transport allowance ZAR30 ZAR50 Dog handlers allowance - ZAR50 * Currency values are presented in South African Rand (ZAR) The impact of the Agreement will result in an increase in the labour cost at Bokoni Mine, with a cost-to-company increase of 6.38% in year one and 7.00% in year two or an average of 6.69% over the two year period. Harold Motaung, Chief Executive Officer of Atlatsa, said, “We are pleased with the constructive and collaborative manner in which the Bokoni Mine management and Unions progressed and concluded the wage negotiations. The finalisation of the wage agreement supports labour stability at the mine and bodes well for our on-going working relationship with our employees, Unions and broader stakeholder groups.” Queries: On behalf of Atlatsa Joel Kesler Chief Commercial Officer Office: +27 11 779 6800 Email: Joel@atlatsa.com JSE Sponsor: One Capital Sponsor Services Proprietary Limited Kathy Saunders / Taryn Carter Office: +27 11 550 5000 Date: 18/11/2016 02:45:00 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.