IMPALA PLATINUM HOLDINGS LIMITED, ZAR 3,250,000,000 6.375 per cent Senior Unsecured Convertible Registered Bonds due 2022 (ISIN: ZAE000247458) (the 'Bonds').

In accordance with the conditions of the Bonds, lmplats hereby gives notice to bondholders that, as a result of the final dividend declared on 3 September 2020, payable to holders of ordinary shares of lmplats on 28 September 2020, the conversion price for the Bonds has been adjusted from ZAR 49.4144 to ZAR 48.2315, effective as of 22 September 2020.

Contact:

Alice Laurens

Tel: +27 (0) 11 731 9033

Email: alice.lourens@implats.co.za

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