MVL/NHM/IMP - Mvela Resources/Northam/Implats - Jo7 Jan 2009
IMP   MVL   NHM
IMPO  MVL   NHM                                                                 
MVL/NHM/IMP - Mvela Resources/Northam/Implats - Joint Renewal of cautionary     
announcement                                                                    
Mvelaphanda Resources Limited                                                   
(Reg No 1980/001395/06)                                                         
(Incorporated in the Republic                                                   
of South Africa)                                                                
JSE Share Code: MVL                                                             
ISIN Code: ZAE000050266                                                         
("Mvela Resources")                                                             
                                                                                
Northam Platinum Limited                                                        
(Reg No 1977/003282/06)                                                         
(Incorporated in the                                                            
Republic of South Africa)                                                       
JSE Share Code: NHM                                                             
ISIN Code: ZAE000030912                                                         
("Northam")                                                                     
Impala Platinum Holdings Limited                                                
(Reg No 1957/001979/06)                                                         
(Incorporated in the Republic of                                                
South Africa)                                                                   
JSE Share Code: IMP                                                             
ISIN Code: ZAE000083648                                                         
("Implats")                                                                     
RENEWAL OF CAUTIONARY ANNOUNCEMENT REGARDING THE FOLLOWING PROPOSED INTER-      
CONDITIONAL TRANSACTIONS:                                                       
THE UNBUNDLING BY MVELA RESOURCES OF ITS ENTIRE SHAREHOLDING IN NORTHAM TO ITS  
SHAREHOLDERS;                                                                   
THE ACQUISITION BY IMPLATS OF THE ENTIRE ISSUED SHARE CAPITAL OF NORTHAM; AND   
THE ACQUISITION BY IMPLATS OF THE ENTIRE ISSUED SHARE CAPITAL OF MVELA          
RESOURCES, POST THE UNBUNDLING OF NORTHAM                                       
Shareholders of Mvela Resources, Northam and Implats ("Shareholders") are       
referred to the joint cautionary announcement by Mvela Resources, Northam and   
Implats ("the Parties") dated 19 November 2008 regarding the proposed           
acquisition by Implats of the entire issued share capital of Mvela Resources and
Northam through a series of inter-conditional transactions ("the Proposed       
Transaction").                                                                  
Discussions regarding the Proposed Transaction are continuing.  Shareholders    
will be notified of any further developments in due course and are advised to   
continue to exercise caution in their share dealings until a further            
announcement is made.                                                           
Johannesburg                                                                    
07 January 2009                                                                 
Financial advisor to Implats:                                                   
Morgan Stanley South Africa (Pty) Ltd                                           
Legal advisor to Implats:                                                       
Bell Dewar Inc.                                                                 
Financial advisors to Mvela Resources:                                          
JPMorgan Chase Bank N.A. (Johannesburg branch) and                              
N M Rothschild & Sons South Africa (Pty) Ltd                                    
Legal advisor to Mvela Resources:                                               
Bowman Gilfillan                                                                
Independent expert advisor to Northam and Mvela Resources:                      
Barnard Jacobs Mellet Corporate Finance (Pty) Limited                           
Legal advisor to Northam:                                                       
Brink Cohen Le Roux Inc.                                                        
Sponsor to Implats:                                                             
Deutsche Securities (SA) (Pty) Ltd                                              
Sponsor to Mvela Resources:                                                     
JPMorgan Equities Ltd                                                           
Sponsor to Northam:                                                             
Barnard Jacobs Mellet Corporate Finance (Pty) Ltd                               
Date: 07/01/2009 09:00:24 Produced by the JSE SENS Department.                  
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