Impala Platinum Holdings Limited - Dealing In Securities By A Director And The  
Company Secretary                                                               
IMPALA PLATINUM HOLDINGS LIMITED                                                
(Incorporated in the Republic of South Africa)                                  
(Registration number 1957/001979/06)                                            
Share code: (`IMP/IMPO`)                                                        
ISIN: ZAE 000003554                                                             
(`Implats` or `the company`)                                                    
Dealing in securities by a Director and the Company Secretary                   
In compliance with Rule 3.63 - 3.66 of the Listings Requirements of the JSE     
Securities Exchange, South Africa, we hereby announce the following transactions
in securities by a director and company secretary of Implats.                   
Name                               L J Paton                                    
Office held                        Director                                     
Date of transaction                18 May 2005                                  
Sale price per share:              R543.55                                      
Number of shares:                  1 700                                        
Total value of shares:             R924 035.00                                  
Class of securities:               Ordinary par value shares of 20 cents each   
Nature of transaction              Sale of 875 R200.00 options and 825 R344     
                                   options                                      
Nature and extent of                                                            
Director`s interest                Direct beneficial                            
Clearance given in terms                                                        
of paragraph 3.66                  Yes                                          
Name                               R Mahadevey                                  
Office held                        Company Secretary                            
Date of transaction                18 May 2005                                  
Sale price per share:              R543.11                                      
Number of shares:                  2 244                                        
Total value of shares:             R1 218 738.84                                
Class of securities:               Ordinary par value shares of 20 cents each   
Nature of transaction              Sale of R401.00 options beneficially held    
Nature and extent of                                                            
Director`s interest                Direct beneficial                            
Clearance given in terms                                                        
of paragraph 3.66                  Yes                                          
19 May 2005                                                                     
Johannesburg                                                                    
Issued by sponsor: Deutsche Securities (SA) (Proprietary) Limited               
Date: 19/05/2005 03:59:32 PM               
Produced by the JSE SENS Department