IMPALA PLATINUM HOLDINGS LIMITED - Notification to16 Mar 2021
Notification to bondholders in respect of conversion price adjustment

IMPALA PLATINUM HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1957/001979/06)
JSE Share code: IMP
ISIN: ZAE000083648
JSE Convertible Bond Stock Code: IMCB22
JSE Convertible Bond ISIN: ZAE000247458
ADR code: IMPUY ("lmplats")

NOTIFICATION TO BONDHOLDERS IN RESPECT OF CONVERSION PRICE
ADJUSTMENT

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.

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

Emma Townshend
E-mail: emma.townshend@implats.co.za
T: +27 (0) 21 794 8345
M: +27 (0) 82 415 3770


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

16 March 2021
Johannesburg


Sponsor to Implats
Nedbank Corporate and Investment Banking

Date: 16-03-2021 12:26:00
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