Listing of new financial instruments – NHM006 and NHM007 NORTHAM PLATINUM LIMITED Incorporated in the Republic of South Africa (Registration number 1977/003282/06) Debt issuer code: NHMI Bond code: NHM006 Bond ISIN: ZAG000158577 Bond code: NHM007 Bond ISIN: ZAG000158593 (“Northam”) LISTING OF NEW FINANCIAL INSTRUMENTS – NHM006 AND NHM007 The JSE Limited (“JSE”) has granted approval for the listing of NHM006 and NHM007 Senior Unsecured Floating Rate Notes, under the Northam Platinum Limited ZAR2 000 000 000 Domestic Medium Term Note Programme dated 3 August 2012 (“the Programme”), as guaranteed by Booysendal Platinum Proprietary Limited, with effect from 16 April 2019. The details pertaining to NHM006 are as follows: Instrument Type: Senior Unsecured Floating Rate Notes Total Notes in Issue: ZAR1 975 000 000.00 including this issue Instrument Code NHM006 Nominal Amount: ZAR250 000 000.00 Issue Price: 100% Interest Rate: 10.408% (3 Month ZAR-JIBAR as at 12 April 2019 of 7.158% plus 325 bps) Coupon Rate Indicator: Floating Issue Date: 16 April 2019 Interest Commencement Date: 16 April 2019 Maturity Date: 16 April 2021 Final Redemption Amount: 100% of Nominal Amount Last Day to Register: By 17:00 on 5 April, 5 July, 5 October and 5 January of each year until the Maturity Date Books Close: 6 April, 6 July, 6 October and 6 January of each year until the Maturity Date Interest Payment Date: 16 April, 16 July, 16 October and 16 January of each year until the Maturity Date ISIN No: ZAG000158577 Business Day Convention: Following Business Day Other: The applicable pricing supplement (“APS”) contains additional terms and conditions to the terms and conditions as contained in the Programme Memorandum, dated 3 August 2012, (“Terms and Conditions”) Summary of additional terms and conditions: The additional terms and conditions pertain to the applicable guarantee and the amendment of Condition 16.1 (Senior Notes) by including additional Events of Default in terms of Condition 16.1.1.9 (Other) of the Terms and Conditions. Investors should refer to Appendix “A” of the APS for full details of the additional terms and conditions, available on Northam’s website: http://www.northam.co.za/investors-and-media/jse- equity-and-debt-listings The details pertaining to NHM007 are as follows: Instrument Type: Senior Unsecured Floating Rate Notes Total Notes in Issue: ZAR1 975 000 000.00 including this issue Instrument Code NHM007 Nominal Amount: ZAR300 000 000.00 Issue Price: 100% Interest Rate: 10.908% (3 Month ZAR-JIBAR as at 12 April 2019 of 7.158% plus 375 bps) Coupon Rate Indicator: Floating Issue Date: 16 April 2019 Interest Commencement Date: 16 April 2019 Maturity Date: 16 April 2022 Final Redemption Amount: 100% of Nominal Amount Last Day to Register: By 17:00 on 5 April, 5 July, 5 October and 5 January of each year until the Maturity Date Books Close: 6 April, 6 July, 6 October and 6 January of each year until the Maturity Date Interest Payment Date: 16 April, 16 July, 16 October and 16 January of each year until the Maturity Date ISIN No: ZAG000158593 Business Day Convention: Following Business Day Other: The APS contains additional terms and conditions to the terms and conditions as contained in the Terms and Conditions Summary of additional terms and conditions: The additional terms and conditions pertain to the guarantee and the amendment of Condition 16.1 (Senior Notes) by including additional Events of Default in terms of Condition 16.1.1.9 (Other) of the Terms and Conditions. Investors should refer to Appendix “A” of the APS for full details of the additional terms and conditions, available on Northam’s website: http://www.northam.co.za/investors-and-media/jse- equity-and-debt-listings The Notes will be immobilised in the Central Securities Depository (CSD) and settlement will take place electronically in terms of JSE Rules. Johannesburg 15 April 2019 Arranger, Dealer and Debt Sponsor One Capital Attorneys to Northam in respect of the Notes Bowman Gilfillan Inc. Date: 15/04/2019 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.