Dealings in Securities 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 IN TERMS OF THE LONG TERM INCENTIVE PLAN (LTIP SCHEME) BY DIRECTORS, COMPANY SECRETARY AND DIRECTORS OF MAJOR SUBSIDIARIES In compliance with paragraphs 3.63 to 3.65 of the JSE Limited Listings Requirements, notice is hereby given that the directors, company secretary and directors of major subsidiaries of Implats exercised awards granted in terms of the LTIP Scheme and sold Implats ordinary shares, after having received clearance to do so in terms of paragraph 3.66 of the JSE Limited Listings Requirements. Name: B Berlin Director: Impala Platinum Holdings Limited and Impala Refining Services Limited Class of shares: Ordinary shares of no par value Nature of transaction: Exercise of conditional awards granted and on market sale in terms of the LTIP Scheme Nature of interest: Direct Beneficial Date of transaction: 13 November 2017 Number of shares vested and sold: 12 055 VWAP on day of vesting: R40.05 Sale price per share: R40.05 Value of shares: R482 802.75 Name: TT Llale Company Secretary: Impala Platinum Holdings Limited Class of shares: Ordinary shares of no par value Nature of transaction: Exercise of conditional awards granted and on market sale in terms of the LTIP Scheme Nature of interest: Direct Beneficial Date of transaction: 13 November 2017 Number of shares vested and shares sold: 3 090 VWAP on day of vesting: R40.05 Sale price per share: R40.05 Value of shares: R123 754.50 Name: S Vivier Director: Impala Platinum Limited Class of shares: Ordinary shares of no par value Nature of transaction: Exercise of conditional awards granted, transfer to portfolio and on market sale in terms of the LTIP Scheme Nature of interest: Direct Beneficial Date of transaction: 13 November 2017 LTIP award: 3 389 Shares vested and transferred to her portfolio: 1 814 Number of shares vested and sold: 1 575 VWAP on day of vesting: R40.05 Sale price per share: R40.05 Value of shares: R63 078.75 Name: JC Andrews Director: Impala Platinum Limited Class of shares: Ordinary shares of no par value Nature of transaction: Exercise of conditional awards granted and transfer to portfolio Nature of interest: Direct Beneficial Date of transaction: 13 November 2017 LTIP award: 5 860 Shares vested and transferred to his portfolio: 5 860 Number of shares vested and sold: 0 VWAP on day of vesting: R40.05 Value of shares: R234 693.00 Name: GS Potgieter Director: Impala Platinum Limited and Impala Refining Services Limited Class of shares: Ordinary shares of no par value Nature of transaction: Exercise of conditional awards granted and on market sale in terms of the LTIP Scheme Nature of interest: Direct Beneficial Date of transaction: 13 November 2017 Number of shares vested and sold: 12 246 VWAP on day of vesting: R40.05 Sale price per share: R40.05 Value of shares: R490 452.30 Name: PD Finney Director: Impala Platinum Limited and Impala Refining Services Limited Class of shares: Ordinary shares of no par value Nature of transaction: Exercise of conditional awards granted and on market sale in terms of the LTIP Scheme Nature of interest: Direct Beneficial Date of transaction: 13 November 2017 Number of shares vested and sold: 7 477 VWAP on day of vesting: R40.05 Sale price per share: R40.05 Value of shares: R299 453.85 Name: B Jager Director: Impala Refining Services Limited Class of shares: Ordinary shares of no par value Nature of transaction: Exercise of conditional awards granted, transfer to portfolio and on market sale in terms of the LTIP Scheme Nature of interest: Direct Beneficial Date of transaction: 13 November 2017 LTIP award: 2 945 Shares vested and transferred to his portfolio: 1 576 Number of shares vested and sold: 1 369 VWAP on day of vesting: R40.05 Sale price per share: R40.05 Value of shares: R54 828.45 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 16 November 2017 Johannesburg Sponsor to Implats Deutsche Securities (SA) Proprietary Limited Date: 16/11/2017 03:30:00 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.