Acceptance of shares, share options and exercise of conditional awards granted in terms of the LTIP scheme 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”) ACCEPTANCE OF SHARES, SHARE OPTIONS AND EXERCISE OF CONDITIONAL AWARDS GRANTED IN TERMS OF THE LONG TERM INCENTIVE PLAN (LTIP SCHEME) In compliance with paragraphs 3.63 to 3.65 of the JSE Limited Listings Requirements, notice is hereby given of the following dealings by a director, the company secretary and a director of a major subsidiary of Implats, after having received clearance to do so in terms of paragraph 3.66 of the JSE Limited Listings Requirements. Name: M Kerber Director: Impala Platinum Holdings Limited Nature of interest: Direct Beneficial Date of transaction: 17 October 2018 Class of shares: Share Appreciation Rights Nature of transaction: Off market acceptance of Share Appreciation Rights Offer price: R17.92 Number of Share Appreciation Rights: 34 211 Deemed value: R613 061.12 Class of shares: Notional shares Nature of transaction: Off market acceptance of notional shares Offer price: R17.92 Number of Notional Shares: 20 095 Deemed value: R360 102.40 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: 12 November 2018 Number of shares vested and shares sold: 5 507 VWAP on day of vesting: R29.0432 Sale price per share: R29.0432 Value of shares: R159 940.90 Name: GS Potgieter Director: Impala Platinum 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: 12 November 2018 Number of shares vested and sold: 18 457 VWAP on day of vesting: R29.0432 Sale price per share: R29.0432 Value of shares: R536 050.34 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 14 November 2018 Johannesburg Sponsor to Implats Nedbank Corporate and Investment Banking Date: 14/11/2018 04:05:00 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.