Exercise of Conditional Awards Granted and Sale of Notional Shares by a Director of Implats 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 AND SALE OF NOTIONAL SHARES BY A DIRECTOR OF IMPLATS In compliance with paragraphs 3.63 to 3.65 of the JSE Limited Listings Requirements, notice is hereby given that a director of Implats exercised conditional awards granted and sold Implats notional shares, after having received clearance to do so in terms of paragraph 3.66 of the JSE Limited Listings Requirements. Name of director: NJ Muller Name of company: Impala Platinum Holdings Limited Date of transaction: 9 April 2018 Allocation price per share: R44.43 Sale price per share: R23.71 Class of shares: Notional shares Number of shares: 225 703 Total transaction value: R5 351 418.13 VWAP on vesting: R23.71 Nature of transaction: Off market sale of notional shares Nature and extent of the interest: Direct Beneficial Clearance to deal: Yes 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 13 April 2018 Johannesburg Sponsor to Implats Deutsche Securities (SA) Proprietary Limited Date: 13/04/2018 03:00:00 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.