IMP
 IMPO                                                                            
Implats responds to a draft proposal relating to the Zimbabwean Mining Industry 
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" or "the company")                                                    
IMPLATS RESPONDS TO A DRAFT PROPOSAL RELATING TO THE ZIMBABWEAN MINING INDUSTRY 
Impala Platinum Holdings Limited (Implats) confirms that the group is in receipt
of a cabinet approved draft proposal relating to ownership of the Zimbabwean    
platinum industry.                                                              
Implats believes the proposal is not in the best interests of developing the    
platinum industry in Zimbabwe and is inconsistent with previous discussions with
the Zimbawean Government.                                                       
The company will actively engage with and seek further clarity from the         
Zimbabwean Government on the proposal and remains hopeful that a solution will  
be found in the best interest of Zimbabwe and the companies invested there.     
Johannesburg                                                                    
6 March 2006                                                                    
Sponsor:                                                                        
Deutsche Securities (SA) (Proprietary) Limited                                  
Date: 06/03/2006 02:15:04 PM Produced by the JSE SENS Department