Impala Platinum Holdings Limited - Resignation of Chief Executive Officer
IMPALA PLATINUM HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1957/001979/06)
JSE share code: IMP/IMPO
NYSE ADR code: IMPUY
LSE share code: IPLA
("Implats" or "the Company")
Implats announces that Mr Keith Rumble, Chief Executive Officer, will be leaving
the Group as at 31 December 2006 to pursue other interests. David Brown,
currently Chief Financial Officer, will assume the role of Chief Executive
Officer with effect from 1 September 2006 and will work with Keith from this
date, until the end of 2006 to ensure an orderly transfer of responsibilities.
Keith Rumble has been Chief Executive Officer since July 2001 and was
instrumental in initiating programs that have resulted in significant
improvement in the Health and Safety performance of the Group. In addition,
under Keith"s leadership, the Group has significantly grown its platinum
production profile and resource base during the past 6 years and improved its
relative competitive position in the platinum business.
David Brown who has been with the Group since January 1999 has a proven track
record and well established relationships within the industry.
Chairman of the Board Dr Fred Roux said "Keith provided the Group with strong
leadership and was particularly successful in changing the culture towards
safety in the Group. David has also demonstrated strong leadership and
financial skills and will provide a smooth transition into a new era of
leadership at Implats".
4 July 2006
Issued by sponsor: Deutsche Securities (SA)(Proprietary) Limited
Tel: +27 11 481 3926
Cell: +27 83 254 4084
Tel: +27 11 481 3925
Cell: +27 82 441 7166
Date: 04/07/2006 11:31:04 AM Produced by the JSE SENS Department