Exercise of shares granted and market sale in terms of the Bonus Share Plan (BSP) 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”) EXERCISE OF SHARES GRANTED AND MARKET SALE IN TERMS OF THE BONUS SHARE PLAN (BSP) In compliance with paragraphs 3.63 to 3.65 of the JSE Limited Listings Requirements, notice is hereby given of the following dealings by a director, the company secretary and directors of a major subsidiary of Implats, after having received clearance to do so in terms of paragraph 3.66 of the JSE Limited Listings Requirements. Name: L Samuel Director: Impala Platinum Holdings Limited Class of shares: Ordinary shares of no par value Nature of transaction: On market exercise of conditional awards granted and on market sale in terms of the Bonus Share Plan Nature of interest: Direct Beneficial Date of transaction: 20 November 2019 Number of shares vested and sold: 15 107 VWAP on day of vesting: R114.89 Sale price per share: R114.89 Value of shares: R1 735 643. 23 Name: TT Llale Company Secretary: Impala Platinum Holdings Limited Class of shares: Ordinary shares of no par value Nature of transaction: On market exercise of conditional awards granted and on market sale in terms of the Bonus Share Plan Nature of interest: Direct Beneficial Date of transaction: 20 November 2019 Number of shares vested and shares sold: 3 784 VWAP on day of vesting: R114.89 Sale price per share: R114.89 Value of shares: R434 743.76 Name: MC Munroe Director: Impala Platinum Limited Class of shares: Ordinary shares of no par value Nature of transaction: On market exercise of conditional awards granted and on market sale in terms of the Bonus Share Plan Nature of interest: Direct Beneficial Date of transaction: 20 November 2019 Number of shares vested and sold: 8 506 VWAP on day of vesting: R114.89 Sale price per share: R114.89 Value of shares: R977 254.34 Name: GS Potgieter Director: Impala Platinum Limited Class of shares: Ordinary shares of no par value Nature of transaction: On market exercise of conditional awards granted and on market sale in terms of the Bonus Share Plan Nature of interest: Direct Beneficial Date of transaction: 20 November 2019 Number of shares vested and sold: 12 612 VWAP on day of vesting: R114.89 Sale price per share: R114.89 Value of shares: R1 448 992.68 Queries: Johan Theron E-mail: johan.theron@implats.co.za T: +27 (0) 11 731 9013/43 M: +27 (0) 82 809 0166 Alice Lourens E-mail: alice.lourens@implats.co.za T: +27 (0) 11 731 9033/43 M: +27 (0) 82 498 3608 Emma Townshend E-mail : emma.townshend@implats.co.za T : +27 (0) 21 794 8345 M : +27 (0) 82 415 3770 22 November 2019 Johannesburg Sponsor to Implats Nedbank Corporate and Investment Banking Date: 22/11/2019 03:30:00 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.