IMP
 IMPO                                                                            
Implats - 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")                                                                     
Dealing in securities by a Director                                             
In compliance with Rule 3.63 - 3.66 of the Listings Requirements of the JSE     
Limited, we hereby announce the following transactions in securities by a       
director of Implats.                                                            
Name:                         LJ Paton                                          
Office held:                  Director                                          
Date of transaction           24 February 2006                                  
Sale price per share:         R1 030,00                                         
Number of shares:             301                                               
Total value of shares:        R310 030,00                                       
Class of securities:          Ordinary par value shares of 20 cents each        
Nature of transaction         Sale of R381 options (R114 681)                   
Name:                         LJ Paton                                          
Office held:                  Director                                          
Date of transaction           24 February 2006                                  
Sale price per share:         R481,65                                           
Number of shares:             3 352                                             
Total value of shares:        R1 614 502,75                                     
Class of securities:          Ordinary par value shares of 20 cents each        
Nature of transaction         Purchase of 1 356  R507,00 options, 825 R344,00   
options, 211 R594,25 options and 960 R539,40      
                              options                                           
Nature and extent of                                                            
Director"s interest:          Direct beneficial                                 
Clearance given in                                                              
terms of paragraph 3.66       Yes                                               
28 February 2006                                                                
Johannesburg                                                                    
Issued by sponsor: Deutsche Securities (SA) (Proprietary) Limited               
Date: 28/02/2006 04:46:17 PM Produced by the JSE SENS Department