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 In compliance with paragraph 3.63 of the JSE Limited Listings Requirements (“JSE listings requirements”), Northam hereby advises its shareholders of the following dealings by directors of the company, a director of a major subsidiary and the company secretary: Name of director Paul Anthony Dunne Date of award acceptance 30 November 2018 Nature of transaction Acceptance of awards of ordinary shares in terms of the Northam Share Incentive Plan (“SIP”) Class of securities Award in terms of the SIP Total number of ordinary shares covered by the awards 184 500 (46 100 retention shares with no performance conditions) (138 400 performance shares with performance conditions) Vesting date 100% of the retention shares and depending on achievement of the performance conditions, between nil to 135% of the performance shares on 5 November 2021 Strike price R nil Value of transaction - Nature and extent of director’s interest Direct beneficial Transaction completed on market No Clearance obtained in terms of paragraph 3.66 of the JSE listings requirements Yes Name of director Aletta Helena Coetzee Date of award acceptance 30 November 2018 Nature of transaction Acceptance of awards of ordinary shares in terms of the SIP Class of securities Award in terms of the SIP Total number of ordinary shares covered by the 79 100 awards (19 800 retention shares with no performance conditions) (59 300 performance shares with performance conditions) Vesting date 100% of the retention shares and depending on targets met in terms of the performance conditions, between nil to 135% of the performance shares on 5 November 2021 Strike price R nil Value of transaction - Nature and extent of director’s interest Direct beneficial Transaction completed on market No Clearance obtained in terms of paragraph 3.66 of the JSE listings requirements Yes Name of director of major subsidiary Leon Charl van Schalkwyk Name of major subsidiary Booysendal Platinum Proprietary Limited Date of award acceptance 30 November 2018 Nature of transaction Acceptance of awards of ordinary shares in terms of the SIP Class of securities Award in terms of the SIP Total number of ordinary shares covered by the 71 600 awards (17 900 retention shares with no performance conditions) (53 700 performance shares with performance conditions) Vesting date 100% of the retention shares and depending on targets met in terms of the performance conditions, between nil to 135% of the performance shares on 5 November 2021 Strike price R nil Value of transaction - Nature and extent of director’s interest Direct beneficial Transaction completed on market No Clearance obtained in terms of paragraph 3.66 of the JSE listings requirements Yes Name of company secretary Patricia Beatrice Beale Date of award acceptance 30 November 2018 Nature of transaction Acceptance of awards of ordinary shares in terms of the SIP Class of securities Award in terms of the SIP Total number of ordinary shares covered by the 39 700 awards (9 900 retention shares with no performance conditions) (29 800 performance shares with performance conditions) Vesting date 100% of the retention shares and depending on targets met in terms of the performance conditions, between nil to 135% of the performance shares on 5 November 2021 Strike price R nil Value of transaction - Nature and extent of interest Direct beneficial Transaction completed on market No Clearance obtained in terms of paragraph 3.66 of the JSE listings requirements Yes Johannesburg 04 December 2018 Sponsor and Debt Sponsor – One Capital 3 Date: 04/12/2018 10:00:00 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.