Results of General Meeting 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 JSE 2018 Convertible Bond ISIN: ZAE000175873 JSE 2018 Convertible Bond Code: IMPCB FSE 2018 Convertible Bond ISIN: XS0891408469 (“Implats” or “Company”) RESULTS OF GENERAL MEETING Introduction Shareholders of Implats are referred to the general meeting held at the Company’s registered office on Monday, 24 July 2017 (“General Meeting”) and to the circular to shareholders dated 22 June 2017 relating to the proposed approval of the following resolutions: - the conversion of the Company’s entire authorised and issued share capital from par value shares to no par value shares (the “Conversion of share capital”); - an increase in the Company’s authorised share capital from 844 008 000 Ordinary Shares to 944 008 000 Ordinary Shares (the “Increase of authorised share capital”); - the amendment to the Company’s Memorandum of Incorporation (“MOI”) to amongst other things (i) grant the Implats directors a specific authority and approval for the directors of the Company to allot and issue authorised but unissued share capital of the Company for cash, to the bondholders on the exercise of the conversion rights, (ii) increase the number of authorised Ordinary Shares (pursuant to a conversion from par value Ordinary Shares to no par value Ordinary Shares) in order to ensure that there is a sufficient number of Ordinary Shares for the issue to the bondholders on the exercise of conversion rights, (iii) to update the MOI so as to comply with the current JSE Limited (“JSE”) Listings Requirements in relation to fractions of securities(the “Amendment of MOI”); and - the granting and approval of a specific authority for Implats directors to allot and issue up to a maximum of 175 million Ordinary Shares for the purpose of the conversion of the 2022 Convertible Bonds (the “Approval of conversion issue”). Results of General Meeting As at Friday, 14 July 2017, being the Shareholders’ Meeting Record Date, Implats had 734 778 378 ordinary shares in issue. The total number of shares voted in person or by proxy at the General Meeting was 611 670 142 representing 83.25 % of Implats issued share capital and 85.12 % of the votable shares as at the Shareholders’ Meeting Record Date. The voting results were as follows: SHARES TOTAL SHARES VOTED ABSTAINED FOR AGAINST NUMBER %* %* RESOLUTION (%) (%) Special resolution number 1 99.00 1.00 611 599 557 83.24 0.01 Conversion of share capital Special resolution number 2 Increase of authorised share 86.70 13.30 611 433 864 83.21 0.03 capital Special resolution number 3 Amendment of MOI 86.71 13.29 611 598 627 83.24 0.01 Ordinary resolution 98.78 1.22 611 433 809 83.21 0.04 Approval of conversion issue *Expressed as a percentage of 734 778 378 Implats ordinary shares in issue as at the Shareholders’ Meeting Record Date. JSE Listings Upon lodgement and, where necessary, registration of the special resolutions with the Companies and Intellectual Property Commission, Implats will make application to the JSE to reflect: - the authorised Ordinary Share Capital as 944 008 000 shares of no par value; - the issued Ordinary Share Capital as 734 778 378 shares of no par value; - the continued listing of ZAR 243 million 2018 Convertible Bonds due February 2018; and - the listing of ZAR3,250 million 2022 Convertible Bonds due May 2022. 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 25 July 2017 Johannesburg Sponsor to Implats Deutsche Securities (SA) Proprietary Limited Date: 25/07/2017 03:48:00 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.