Northam secures R1 billion of additional funding facilities 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 Bond code: NHM003 Bond ISIN: ZAG000129032 Bond code: NHM006 Bond ISIN: ZAG000158577 Bond code: NHM007 Bond ISIN: ZAG000158593 Bond code: NHM008 Bond ISIN: ZAG000158858 Bond code: NHM009 Bond ISIN: ZAG000158866 Bond code: NHM010 Bond ISIN: ZAG000159229 Bond code: NHM011 Bond ISIN: ZAG000159237 (“Northam”) NORTHAM SECURES R1 BILLION OF ADDITIONAL FUNDING FACILITIES Northam is pleased to announce that it has increased its existing revolving credit facilities (“RCF”) by R500 million, from R3 billion to R3.5 billion. In addition a new R500 million general banking facility (“GBF”) has been secured. The maturity date of Northam’s existing R1 billion RCF has been extended to match that of its existing R2 billion RCF and both of these facilities, as well as the R500 million increase, have been combined into a single R3.5 billion RCF maturing on 29 November 2021. The interest rate on the total RCF remains unchanged and the GBF will accrue interest at a variable rate of prime less 1.5%. Paul Dunne, Northam’s Chief Executive said “The R1 billion increase in available facilities is in addition to the placement of R1.65 billion of domestic medium term notes announced on 16 April 2019, and further strengthens Northam’s balance sheet. This additional funding flexibility will enable Northam to further return value to shareholders, in due course, through a repurchase of ordinary shares and/or a purchase of Zambezi preference shares”. Johannesburg 31 May 2019 Corporate Advisor, Sponsor and Debt Sponsor to Northam One Capital Attorneys to Northam Cliffe Dekker Hofmeyr Inc. Mandated Lead Arranger, Original Lender and Facility Agent in respect of the RCF Nedbank Limited (acting through its Nedbank Corporate and Investment Banking division) Date: 31/05/2019 10:00:00 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.