RBPlat secures approval from its lenders for the requisite enlarged debt facilities ROYAL BAFOKENG PLATINUM LIMITED (Incorporated in the Republic of South Africa) (Registration number: 2008/015696/06) JSE share code: RBP ISIN: ZAE000149936 Company code: RBPD Bond code: RBPCB ISIN: ZAE000243853 (“RBPlat” or “the Company” or “the Group”) RBPLAT SECURES APPROVAL FROM ITS LENDERS FOR THE REQUISITE ENLARGED DEBT FACILITIES Security holders are referred to the announcement released by the Company on SENS on 5 July 2018 in terms of which the Company advised security holders that its wholly-owned subsidiary, Royal Bafokeng Resources Proprietary Limited (“RBR”), had entered into an agreement with Rustenburg Platinum Mines Limited (“RPM”), a wholly-owned subsidiary of Anglo American Platinum Limited, in terms of which RBR will acquire the balance of the 33% interest in the Bafokeng Rasimone Platinum Mine Joint Venture (“BRPM JV”), from RPM for an aggregate purchase consideration of R1.863 billion (“the Transaction”). One of the conditions precedent to the Transaction is RBR receiving the necessary approval from Nedbank Limited and FirstRand Bank Limited (trading through its Rand Merchant Bank division), in their capacity as lenders to the Group (“the Lenders”), for the Transaction and to increase its existing debt facilities from R2 billion (in respect of a 67% interest in the BRPM JV) to R3 billion (in respect of the increased 100% interest in the BRPM JV) (“the Enlarged Debt”). The board of directors of RBPlat is pleased to advise security holders that RBR has now secured the necessary credit approval from its Lenders in respect of the Enlarged Debt. The Transaction remains subject to the fulfilment of a number of conditions precedent including, inter alia, the approval of the Transaction by RBPlat shareholders at the General Meeting to be held at 09h00 today, 25 September 2018, and the approval of the Transaction by the Department of Mineral Resources in terms of section 11 of the Mineral and Petroleum Resources Development Act. Johannesburg 25 September 2018 Corporate advisor and transaction sponsor Legal advisor Questco (Pty) Ltd Bowmans JSE sponsor JSE debt sponsor Merrill Lynch South Africa (Pty) Ltd RMB (a division of FirstRand Bank Limited) For further information, please contact: Lindiwe Montshiwagae Executive: Investor Relations Tel: +27 (0)10 590 4510 Email: lindiwe@bafokengplatinum.co.za 2 Date: 25/09/2018 07:45:00 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.