Update on Illegal Strike in Rustenburg


 
TIDMIPLA 
 
Impala Platinum Holdings Limited 
 
(Incorporated in the Republic of South Africa) 
 
(Registration No. 1957/001979/06) 
 
ISIN: ZAE000083648 
 
JSE Share Code: IMP 
 
LSE Share Code: IPLA 
 
ADR Code: IMPUY 
 
("Implats" or the "Company") 
 
IMPLATS UPDATE ON ILLEGAL STRIKE IN RUSTENBURG 
 
Implats has previously communicated to shareholders about the illegal work 
stoppage at its Rustenburg mine. The strike has now entered its sixth week and 
Implats has lost 100,000 Pt oz which is equivalent to a loss of revenue of 
around R2 billion. 
 
Implats is working with the Department of Mineral Resources in order to resume 
production as soon as practically possible, but it is dependent on operational 
turnout of staff. The 15,800 employees who did not join the illegal work 
stoppage and the 9,800 who have re-applied for their positions are involved 
with mining activities such as cleaning, establishment, critical end 
development and making-safe in anticipation of resumption of production. Third 
party material deliveries continue to be processed as normal. 
 
Implats and the National Union of Mineworkers are encouraging dismissed 
employees to return to work by the deadline of Wednesday, 29 February 2012 for 
reinstatement at previous benefits and conditions, after which time normal 
recruitment procedures will apply on a first come first served basis. 
 
The financial information in this announcement has not been reviewed and 
reported on by the Company's auditors. 
 
Johannesburg 
 
28 February 2012 
 
Sponsor: Deutsche Securities (SA) (Proprietary) Limited 
 
 
 
END

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