Northam places R1.35 billion of domestic medium term notes 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 Bond code: NHM014 Bond ISIN: ZAG000163650 (“Northam”) NORTHAM PLACES R1.35 BILLION OF DOMESTIC MEDIUM TERM NOTES Northam is pleased to announce that it has completed a private placement of domestic medium term notes (“Notes”) to the value of R1.35 billion (“New Notes”) in an oversubscribed bookbuild, under Northam’s R5 billion Domestic Medium Term Note Programme (“Programme”). The New Notes were issued today on the Interest Rate Market of the JSE Limited as announced on SENS on 19 November 2019 and will mature two years from the date of issue. The New Notes attract a floating rate coupon of 2.50% per annum above a 3 month ZAR-JIBAR and interest will be payable quarterly. The proceeds from the New Notes will be applied towards Northam’s revolving credit facility (“RCF”), thereby increasing the available undrawn balance and lowering the effective cost of funding under the RCF over time. Following the placement of the New Notes, the total nominal value of Notes in issue under the Programme will amount to R3.675 billion. Johannesburg 20 November 2019 Corporate Advisor, Sponsor and Debt Sponsor to Northam One Capital Sole Arranger and Dealer to Northam in respect of the Notes One Capital Legal Advisors to Northam, the Arranger and the Dealer in respect of the Notes Bowman Gilfillan Inc. Date: 20/11/2019 05:00:00 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.