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 interim dividend declared on 25 February 2021, payable to holders of ordinary shares of lmplats on 23 March 2021, the conversion price for the Bonds has been adjusted from ZAR 48.2315 to ZAR 46.5275, effective as of 17 March 2021.

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