IMP - Impala Platinum Holdings Limited - Mimosa In24 Feb 2012
IMP - Impala Platinum Holdings Limited - Mimosa Indigenisation Update           
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                                                                 
Mimosa Indigenisation Update                                                    
Further to the Government of Zimbabwe`s requirement to submit an Indigenisation 
Implementation Plan ("IIP"), Mimosa Holdings (Private) Limited ("Mimosa"), a 50%
subsidiary of Implats, submitted its revised plan in November 2011.             
In a letter dated 22 February 2012, Mimosa was advised by the Zimbabwean        
Minister of Youth Development, Indigenisation and Empowerment ("the Minister")  
that a portion of its IIP has been rejected.                                    
Implats is concerned to note the statement by the Minister that unless an       
agreement is reached with the National Indigenisation and Economic Empowerment  
Fund ("NIEEF") to transfer the required shareholding to NIEEF within 30 days,   
enforcement mechanisms will be activated.                                       
Shareholders are advised that negotiations with the Minister will be undertaken 
in an attempt to reach a mutually acceptable solution. Shareholders will be     
informed of further material developments as they occur.                        
24 February 2012                                                                
Deutsche Securities (SA) (Proprietary) Limited                                  
Date: 24/02/2012 07:06:08 Produced by the JSE SENS Department.                  
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