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: NHM006 Bond ISIN: ZAG000158577 Bond code: NHM007 Bond ISIN: ZAG000158593 Bond code: NHM008 Bond ISIN: ZAG000158858 Bond code: NHM009 Bond ISIN: ZAG000158866 Bond code: NHM010 Bond ISIN: ZAG000159229 Bond code: NHM011 Bond ISIN: ZAG000159237 Bond code: NHM012 Bond ISIN: ZAG000160136 Bond code: NHM013 Bond ISIN: ZAG000162181 (“Northam” or the “company”) DEALINGS IN SECURITIES Disposal 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 3.70 of the JSE Limited Listings Requirements (“Listings Requirements”), Northam advises its shareholders of the following dealings by a director and chairman of the company and Zambezi Platinum: Name of director Mr K B Mosehla Name of associate Adelaide Trust Relationship with associate Trustee Date of transaction 1 October 2019 Nature of transaction Disposal of preference shares Class of shares Preference shares Price per preference share Various different trades with the following price information: - volume weighted average price of R75.83; - highest price of R76.10; and - lowest price of R75.80 Total number of preference shares 17 200 Value of transaction R1 304 335.80 Nature and extent of director’s interest Indirect beneficial interest in Zambezi Platinum resulting in an indirect exposure to Northam ordinary shares Transaction completed on market Yes Clearance obtained in terms of paragraph 3.66 of the Yes Listings Requirements Johannesburg 4 October 2019 Sponsor and Debt Sponsor One Capital Date: 04/10/2019 01:45:00 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.