Completion of sale of stake in Lonplats30 Sep 2004
Implats - Completion of sale of stake in Lonplats                               
Impala Platinum Holdings Limited                                                
(Incorporated in the Republic of South Africa)                                  
Registration No. 1957/001979/06                                                 
Share code: IMP / IMPO                                                          
ISIN: ZAE000003554                                                              
LSE: IPLA      ADRs: IMPUY                                                      
(`Implats`)                                                                     
Completion of sale of stake in Lonplats                                         
Further to the detailed Company announcement on 7 September 2004,  the sale of  
Implats` 27.1% holding in Western Platinum Limited and Eastern Platinum Limited 
(collectively `Lonplats`) has been completed. Accordingly, Implats received     
payment today of a further US$667,8 million, being the gross disposal price     
(US$794,5m) less a dividend already received (US$31,7m) less vendor financing   
provided by Implats to the HDSAs (US$95m).                                      
The board has approved, in terms of the current authority granted to it, a      
general buy-back of shares, as the most appropriate method of returning cash to 
shareholders.                                                                   
Johannesburg                                                                    
30 September 2004                                                               
Sponsor                                                                         
Deutsche Securities (SA) (Proprietary) Limuted                                  
Date: 30/09/2004 03:20:03 PM                    
Produced by the JSE SENS Department