IMPALA PLATINUM HOLDINGS LIMITED - Results of Gene25 Jul 2017
IMP IMPCB IMCB22 201707250043A
Results of General Meeting

Impala Platinum Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number 1957/001979/06)
JSE Share code: IMP
ISIN: ZAE000083648
ADR code: IMPUY
JSE 2018 Convertible Bond ISIN: ZAE000175873
JSE 2018 Convertible Bond Code: IMPCB
FSE 2018 Convertible Bond ISIN: XS0891408469
(˘Implats÷ or ˘Company÷)


RESULTS OF GENERAL MEETING

Introduction

Shareholders of Implats are referred to the general meeting held at the CompanyĂs
registered office on Monday, 24 July 2017 (˘General Meeting÷) and to the circular to
shareholders dated 22 June 2017 relating to the proposed approval of the following
resolutions:

- the conversion of the CompanyĂs entire authorised and issued share capital from par value
  shares to no par value shares (the ˘Conversion of share capital÷);
- an increase in the CompanyĂs authorised share capital from 844 008 000 Ordinary Shares
  to 944 008 000 Ordinary Shares (the ˘Increase of authorised share capital÷);
- the amendment to the CompanyĂs Memorandum of Incorporation (˘MOI÷) to amongst other
  things (i) grant the Implats directors a specific authority and approval for the directors of the
  Company to allot and issue authorised but unissued share capital of the Company for cash,
  to the bondholders on the exercise of the conversion rights, (ii) increase the number of
  authorised Ordinary Shares (pursuant to a conversion from par value Ordinary Shares to
  no par value Ordinary Shares) in order to ensure that there is a sufficient number of
  Ordinary Shares for the issue to the bondholders on the exercise of conversion rights, (iii)
  to update the MOI so as to comply with the current JSE Limited (˘JSE÷) Listings
  Requirements in relation to fractions of securities(the ˘Amendment of MOI÷); and
 - the granting and approval of a specific authority for Implats directors to allot and issue up
  to a maximum of 175 million Ordinary Shares for the purpose of the conversion of the 2022
  Convertible Bonds (the ˘Approval of conversion issue÷).

Results of General Meeting

As at Friday, 14 July 2017, being the ShareholdersĂ Meeting Record Date, Implats had 734
778 378 ordinary shares in issue. The total number of shares voted in person or by proxy at
the General Meeting was 611 670 142 representing 83.25 % of Implats issued share capital
and 85.12 % of the votable shares as at the ShareholdersĂ Meeting Record Date.

The voting results were as follows:
                                                                                 SHARES
                                            TOTAL SHARES VOTED
                                                                                ABSTAINED
                                    FOR     AGAINST
                                                          NUMBER          %*         %*
    RESOLUTION                      (%)       (%)
    Special resolution number 1
                                    99.00      1.00      611 599 557    83.24       0.01
    Conversion of share capital
    Special resolution number 2
    Increase of authorised share    86.70      13.30     611 433 864    83.21       0.03
    capital
    Special resolution number 3
    Amendment of MOI                86.71      13.29     611 598 627    83.24       0.01

 Ordinary resolution
                                98.78   1.22      611 433 809 83.21          0.04
 Approval of conversion issue
*Expressed as a percentage of 734 778 378 Implats ordinary shares in issue as at the
ShareholdersĂ Meeting Record Date.

JSE Listings

Upon lodgement and, where necessary, registration of the special resolutions with the
Companies and Intellectual Property Commission, Implats will make application to the JSE
to reflect:

-    the authorised Ordinary Share Capital as 944 008 000 shares of no par value;
-    the issued Ordinary Share Capital as 734 778 378 shares of no par value;
-    the continued listing of ZAR 243 million 2018 Convertible Bonds due February 2018; and
-    the listing of ZAR3,250 million 2022 Convertible Bonds due May 2022.

Queries:

Johan Theron
E-mail: johan.theron@implats.co.za
T: +27 (0) 11 731 9013/43
M: +27 (0) 82 809 0166

Alice Lourens
E-mail: alice.lourens@implats.co.za
T: +27 (0) 11 731 9033/43
M: +27 (0) 82 498 3608

25 July 2017
Johannesburg

Sponsor to Implats
Deutsche Securities (SA) Proprietary Limited

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