ROYAL BAFOKENG PLATINUM LIMITED - Industrial action ends at Bafokeng Rasimone Platinum mine

Industrial action ends at 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”)


INDUSTRIAL ACTION ENDS AT BAFOKENG RASIMONE PLATINUM MINE

RBPlat is pleased to advise that normal operations at Bafokeng Rasimone 
Platinum Mine’s North shaft recommenced from the night shift on 23 August 2012.

This follows the successful resolution between management, unions 
and representatives of striking employees facilitated by the Rustenburg 
Municipality Conflict Resolution Committee as follows:

–	An undertaking that the approximately 500 employees who participated in  
        unprotected strike action will return to work;
–	That the existing three-year wage agreement will be honoured by all 
        parties, namely, management, unions and the aggrieved employees, 
        and that no new wage demands will be tabled or entertained;
–	Parties agree to continue with discussions within the existing employee
        relations structures where other matters not related to issues contained 
        in the wage agreement will be addressed; and
–	All employees will be allowed to return to work. Allegations of intimidation 
        will continue to be independently investigated and appropriate action will be 
        taken if required.

In spite of the loss of approximately 14 000 tonnes planned to have been hoisted over the 
three days at North shaft, total tonnes milled for the month should remain unaffected due to 
the stockpile processed during this period.

The Company wishes to thank all parties involved in the resolution of this dispute. 

Johannesburg 
24 August 2012

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

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