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                 CE Markus                                              
Office held              Executive Director                                     
Date of transaction      11 November 2004                                       
Sale price per share     R532,76                                                
Number of shares         4 192                                                  
Value of transaction     R2 233 329,92                                          
Class of securities      Ordinary par value shares of 20 cents each             
Nature of transaction    Sale of one thousand three hundred and seventy five    
                         (1 375) R146,00 options, one thousand eight hundred(1  
                         800) R200,00 options and one thousand and seventeen (1 
                         017) R344 options beneficially held by the Director    
The required clearance per section 3.66 of the JSE Listings Requirements was    
obtained.                                                                       
Houghton                                                                        
15 November 2004                                                                
Sponsor:                                                                        
Deutsche Securities (SA) (Proprietary) Limited