RBP - Royal Bafokeng Platinum Limited - Update on industrial action at RBPLAT`s

RBP - Royal Bafokeng Platinum Limited - Update on industrial action at RBPLAT`s 
Bafokeng Rasimone Platinum Mine                                                 
ROYAL BAFOKENG PLATINUM LIMITED                                                 
(Incorporated in the Republic of South Africa)                                  
(Registration number 2008/015696/06)                                            
JSE share code: RBP ISIN: ZAE000149936                                          
("RBPlat" or the "Company")                                                     
UPDATE ON INDUSTRIAL ACTION AT RBPLAT`S BAFOKENG RASIMONE PLATINUM MINE ("BRPM")
Shareholders are referred to the announcement released on the Securities        
Exchange News Service of JSE Limited on Friday, 21 October 2011, relating to the
protected industrial action by members of the National Union of Mine Workers    
employed by JIC Mining Services ("JIC") ("Contract miners"), the service        
provider that is contracted to provide mining services to the Company.          
RBPlat hereby advises shareholders that the Company has been informed by the    
service provider, namely, JIC on Thursday, 26 October 2011, that JIC and its    
Contract miners settled on a two year wage agreement thereby ending the         
protected industrial action. It is anticipated that production at BRPM will     
return to normal by Monday, 31 October 2011.                                    
The estimated loss of production due to the Contract miners` industrial action  
is projected to be 34,350 tonnes with a resulting loss of 3,920 4E ounces.      
RBPlat is considering various measures to mitigate the risk of future disputes  
between contract miners and their employers.                                    
Johannesburg 27 October 2011                                                    
JSE Sponsor                                                                     
Macquarie First South Capital (Pty) Limited                                     
For further enquiries, please contact:                                          
Lindiwe Montshiwagae                                                            
Investor Relations Manager                                                      
Tel: +27 (0)10 590 4517                                                         
Mobile: +27 (0)82 920 7803                                                      
Date: 27/10/2011 08:00:45 Supplied by www.sharenet.co.za                     
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