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 Purchase of Zambezi Platinum (RF) Limited (“Zambezi Platinum”) preference shares (“preference shares”) In terms of the Northam broad-based black economic empowerment transaction implemented on 18 May 2015, Zambezi Platinum holds ordinary shares in Northam. Pursuant to the preference share terms, Zambezi Platinum is entitled to elect to settle the preference share redemption amount in cash, Northam ordinary shares or a combination thereof. Accordingly, in compliance with paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements (“Listings Requirements”), Northam advises its shareholders of the following dealings by an associate of a director of a major subsidiary of the company and Zambezi Platinum: Name of director of the major subsidiary Mr L C van Schalkwyk Name of the major subsidiary Booysendal Platinum Proprietary Limited Name of associate Bepro Messina Proprietary Limited Relationship with director Mr Schalkwyk is a shareholder and director of Bepro Messina Proprietary Limited Nature of transaction Indirect purchase of preference shares Date of transaction 4 March 2019 Class of shares Preference shares Transactions completed on market Yes Clearance obtained in terms of paragraph 3.66 of the Yes Listings Requirements Price per preference share R70.00 per preference share Total number of preference shares 14 200 preference shares Value of transaction R994 000.00 Nature and extent of director’s interest Indirect beneficial interest in Zambezi Platinum resulting in an indirect exposure to Northam ordinary shares Johannesburg 7 March 2019 Sponsor and Debt Sponsor One Capital Date: 07/03/2019 12:56:00 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.