IMPALA PLATINUM : Appointment of interim Chairman of Audit Committee and Lead Independent Director

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" or the "Company")

APPOINTMENT OF INTERIM CHAIRMAN OF AUDIT COMMITTEE AND LEAD INDEPENDENT DIRECTOR

Further to the announcement released on the Stock Exchange News Service of the JSE Limited on 10 April 2018 regarding the changes to the board of directors of Implats ("Board"), shareholders are notified that Ms Babalwa Ngonyama, currently an independent non-executive director and member of the audit committee, has been appointed interim chairman of the audit committee. The Board has undertaken a process to appoint a permanent chairman of the audit committee. It is expected that the search process will be concluded before the end of the financial year, being 30 June 2018.

The Board wishes to also announce that Ms Babalwa Ngonyama has been appointed as the Lead Independent Director. This appointment will be effective when Ms Ngonyama ceases to be the interim chairman of the audit committee.

Queries:

Johan Theron

E-mail:johan.theron@implats.co.zaT: +27 (0) 11 731 9013/43

M: +27 (0) 82 809 0166

Alice Lourens

E-mail:alice.lourens@implats.co.zaT: +27 (0) 11 731 9033/43

M: +27 (0) 82 498 3608

23 April 2018 Johannesburg

Sponsor to Implats

Deutsche Securities (SA) Proprietary Limited