Implats - Dealing In Securities By Directors Of Implats                         
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:     IPLA                                                        
ADR CODE:           IMPUY                                                       
(`Implats`)                                                                     
DEALING IN SECURITIES BY DIRECTORS OF IMPLATS                                   
In compliance with rule 3.63 to 3.66 of the Listings Requirements of the JSE    
Securities Exchange, South Africa the following information is disclosed:       
Director:                     LC van Vught                                      
Date of transaction:          9 November 2004                                   
Price per share:              R539,95                                           
Number of shares:             310                                               
Class of shares:              Ordinary par value shares of 20 cents each        
Nature of transaction:        Purchase of securities by a trust in which the    
                              director is a beneficiary.                        
The required clearance per section 3.66 of the JSE Listings Requirements was    
obtained.                                                                       
Houghton                                                                        
10 November 2004                                                                
Sponsor:                                                                        
Deutsche Securities (SA) (Proprietary) Limited