IMP
IMPO                                                                            
IMP - Impala Platinum Holdings Limited - Resignation of Chief Executive         
Officer and Executive Director of the Board                                     
Impala Platinum Holdings Limited                                                
(Incorporated in the Republic of South Africa)                                  
(Registration No. 1957/001979/06)                                               
ISIN: ZAE000083648                                                              
JSE Share Code : IMP                                                            
LSE Share Code : IPLA                                                           
ADR Code : IMPUY                                                                
("Implats" or "the Group")                                                      
RESIGNATION OF CHIEF EXECUTIVE OFFICER AND EXECUTIVE DIRECTOR OF THE BOARD      
Implats, in compliance with section 3.59 of the JSE Listings Requirements,      
regrets to announce the resignation of David Brown as Chief Executive           
Officer ("CEO") and as an Executive Director of the Board.  David will step     
down as CEO with effect from 30 June 2012 in order to pursue his own            
interests.                                                                      
David joined the Implats Board of Directors in January 1999 as the Chief        
Financial Officer and was appointed as the CEO in 2006. He was instrumental     
in the development of Implats` Zimbabwean assets and was also responsible in    
securing the Royal Bafokeng Nation as the anchor empowerment partner for the    
Group, ensuring the development of this partnership to the benefit of all       
stakeholders.  In addition, David has successfully guided the Group through     
the difficult business environment of recent years, maintaining a strong        
balance sheet while ensuring a balance between investment and returns to        
shareholders.                                                                   
Dr Khotso Mokhele, Chairman of the Board, thanked David for his valuable        
contribution to Implats during his tenure as Group CEO saying, "David has       
played a pivotal role in driving the success of the Group and the Board         
wishes him well in his future endeavours."                                      
The Board has identified a successor and is currently in the process of         
finalising this appointment.  An announcement will be made in due course.       
18 January 2012                                                                 
Johannesburg                                                                    
Issued by sponsor: Deutsche Securities (SA) (Proprietary) Limited               
Date: 18/01/2012 14:00:02 Produced by the JSE SENS Department.                  
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