Impala Platinum Holdings Limited - Dealing in securities by a Director          
IMPALA PLATINUM HOLDINGS LIMITED                                                
(Incorporated in the Republic of South Africa)                                  
(Registration number 1957/001979/06)                                            
Share code: (`IMP/IMPO`)                                                        
ISIN: ZAE000003554                                                              
(`Implats` or `the company`)                                                    
Dealing in securities by a Director                                             
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.                                                    
Name                                    CE Markus                               
Office held                             Director                                
Date of transaction                     27 May 2005                             
Sale price per share:                   R577.07                                 
Number of shares:                       3 284                                   
Total value of shares:                  R1 895 097.88                           
Class of securities:                    Ordinary par value shares of 20 cents   
                                        each                                    
Nature of transaction                   Sale of 1800 R200.00 options; 1018 R344 
                                        options and 466 R381 options            
Nature and extent of Director`s                                                 
interest                                Direct beneficial                       
Clearance given in terms of                                                     
paragraph 3.66                          Yes                                     
31 May 2005                                                                     
Johannesburg                                                                    
Issued by sponsor: Deutsche Securities (SA) (Proprietary) Limited