Force Majeure notification received from Anglo American Platinum Limited African Rainbow Minerals Limited (Incorporated in the Republic of South Africa) (Registration number 1933/004580/06) JSE Share code: ARI ISIN: ZAE000054045 (“ARM” or the “Company”) FORCE MAJEURE NOTIFICATION RECEIVED FROM ANGLO AMERICAN PLATINUM LIMITED (AMPLATS) WITH RESPECT TO MODIKWA MINE PURCHASE OF CONCENTRATE AGREEMENT ARM refers to the announcement by Amplats on Friday, 6 March 2020 regarding temporary shutdown of its converter plant. ARM confirms that its subsidiary, ARM Mining Consortium Limited (ARM MC), has received written notification of force majeure from Rustenburg Platinum Mines Limited (RPM) in terms of the purchase of concentrate agreement between ARM MC and RPM. ARM MC holds 50% of Modikwa Mine while the remaining 50% is held by RPM, a subsidiary of Amplats. RPM indicated that it will not be able to complete the processing of concentrate produced at Modikwa Mine until repair work to the Anglo Converter Plant (ACP) Phase B is complete. According to Amplats, repair work on ACP Phase B is expected to take approximately 80 days to complete. ARM MC will continue to deliver concentrate produced at Modikwa Mine to RPM. ARM MC is engaging with RPM to mitigate any negative impact on cash flow due to possible payment delays. ENDS For all investor relations queries please contact: Jongisa Magagula Executive Director: Investor Relations and New Business Development Tel: +27 11 779 1507 E-mail: jongisa.magagula@arm.co.za Johannesburg 11 March 2020 Sponsor: Investec Bank Limited Date: 11-03-2020 04:49:00 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.