IMPALA PLATINUM HOLDINGS LIMITED  - DEALING IN SECURITIES BY A DIRECTOR         
  IMPALA PLATINUM HOLDINGS LIMITED                                                
  (Incorporated in the Republic of South Africa)                                  
  (Registration No. 1957/001979/06)                                               
  ISIN: ZAE000003554                                                              
  JSE SHARE CODE:     IMP                                                         
  LSE SHARE CODE:     IMPLA                                                       
  ADR CODE:           IMPUY                                                       
  ("Implats")                                                                     
  DEALING IN SECURITIES BY A DIRECTOR                                             
  In compliance with rule 3.63 to 3.65 of the JSE Listing Requirements, the       
  following information is disclosed:                                             
  Director:                K C Rumble                                             
  Date of transaction:     5 September 2003                                       
  Offer price per share:   R590,00                                                
  Number of shares:        1 000                                                  
  Class of securities:     Ordinary par value shares of 20                        
                           cents each                                             
  Nature of transaction:   Sale of R281,00 options                                
  beneficially held by the Director                      
  Director:                C E Markus                                             
  Date of transaction:     5 September 2003                                       
  Offer price per share:   R608,05                                                
  Class of securities:     Ordinary par value shares of 20                        
                           cents each                                             
  Nature of transaction:   Sale of following options                              
                           beneficially held by the Director :                    
  Number of shares       Option price                    
                                1 375               R146,00                       
                                1 800               R200,00                       
                                1 019               R344,00                       
  1 214               R507,00                       
                                5 408                                             
  Company Secretary:      A M Snashall                                            
  Date of transaction:    5 September 2003                                        
  Class of securities:    Ordinary par value shares of 20 cents each              
  Nature of transaction:  Sale of the following options beneficially held         
                          by the Company Secretary:                               
                          Number of shares    Option price    Offer price         
  875               R200,00        R600,00              
                            152               R507,00        R599,00              
                            1 027                                                 
  8 September 2003                                                                
  Houghton                                                                        
  Issued by:                                                                      
  Sponsor:                                                                        
  Deutsche Securities (SA) (Proprietary) Limited                                  
  Date: 08/09/2003 02:05:54 PM Produced by the JSE SENS Department