AFRICAN RAINBOW MINERALS LIMITED - AFRICAN RAINBOW MINERALS (ARM) BUSINESS UPDATE AND IMPACT OF COVID-19

AFRICAN RAINBOW MINERALS (ARM) BUSINESS UPDATE AND IMPACT OF COVID-19

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”)

AFRICAN RAINBOW MINERALS (ARM) BUSINESS UPDATE AND IMPACT OF
COVID-19

ARM notes the statement made by President Cyril Ramaphosa on
Monday, 23 March 2020 during which the President announced
that Government will be implementing a 21-day nation-wide
lockdown with effect from midnight on Thursday, 26 March 2020
until midnight on Thursday, 16 April 2020 to curb the spread
of COVID-19.

ARM is committed to contributing to the prevention of the
spread of COVID-19 and will comply fully with the measures
announced by Government.

We are engaging with Government and other stakeholders to
ensure compliance with the Government’s decision. We have
prepared a responsible and effective plan for temporary care
and maintenance at all our operations.

Our key priorities remain the health and safety of all our
employees,   safeguarding    the    integrity and   future
sustainability of our operations and supporting our host
communities and other stakeholders.

We are actively managing the new and increased risks that this
global pandemic presents to our business and our operating
environment and will continue to keep the shareholders,
investors and other stakeholders updated.

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
24 March 2020
Sponsor: Investec Bank Limited

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Date: 24-03-2020 05:21:00
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