Dealings in securities 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: NHM004 Bond ISIN: ZAG000150764 Bond code: NHM005 Bond ISIN: ZAG000151242 (“Northam” or the “company”) DEALINGS IN SECURITIES Purchase of Zambezi Platinum (RF) Limited (“Zambezi Platinum”) preference shares (“preference shares”) In terms of the Northam broad-based economic empowerment transaction implemented on 18 May 2015, Zambezi Platinum holds ordinary shares in Northam. Pursuant to the preference share terms, Zambezi Platinum is entitled to elect to settle the preference share redemption amount in cash, Northam ordinary shares or a combination thereof. Accordingly, in compliance with paragraphs 3.63 to 3.66 of the JSE Limited Listings Requirements (“JSE Listings Requirements”), Northam advises its shareholders of the following dealings by a director of a major subsidiary of the company and of Zambezi Platinum: Name of director of major subsidiary Leon Charl van Schalkwyk Name of associate Bepro Messina Proprietary Limited (“Bepro”) Relationship with director Mr van Schalkwyk is a director of Bepro Name of major subsidiary Booysendal Platinum Proprietary Limited Nature of transaction Indirect purchase of preference shares Class of shares Preference shares Nature and extent of director’s interest Indirect beneficial interest in Zambezi Platinum resulting in an indirect exposure to Northam ordinary shares Transaction completed on market Yes Clearance obtained in terms of paragraph 3.66 of the JSE Listings Requirements Yes Transaction 1 Date of transaction 11 September 2018 Price per preference share R59.01 Total number of preference shares 17 070 Value of transaction R1 007 341.67 Transaction 2 Date of transaction 12 September 2018 Price per preference share R60.00 Total number of preference shares 7 430 Value of transaction R445 800.00 Transaction 3 Date of transaction 14 September 2018 Price per preference share R60.00 Total number of preference shares 1 400 Value of transaction R84 000.00 Johannesburg 17 September 2018 Sponsor and Debt Sponsor One Capital Date: 17/09/2018 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.