IMP
 IMPO                                                                            
IMP - Implats - Effective Date Relating to the Empowerment                      
               Transaction with the Royal Bafokeng Nation                       
Impala Platinum Holdings Limited                                                
(Incorporated in the Republic of South Africa)                                  
(Registration No. 1957/001979/06)                                               
ISIN: ZAE000083648                                                              
JSE Share Code: IMP                                                             
LSE Share Code: IPLA                                                            
ADR Code : IMPUY                                                                
("Implats")                                                                     
Royal Bafokeng Nation                                                           
("RBN")                                                                         
Royal Bafokeng Holdings (Pty) Limited                                           
(Incorporated in the Republic of South Africa)                                  
(Registration number 2006/006906/07)                                            
("RBH")                                                                         
EFFECTIVE DATE RELATING TO THE EMPOWERMENT TRANSACTION WITH THE ROYAL BAFOKENG  
NATION                                                                          
Shareholders are advised that the Implats Group and the RBN Group have amended  
the provisions pertaining to the salient dates of the agreement between them    
relating to the empowerment transaction approved by Implats shareholders on 29  
November 2006 (the "Framework Agreement") to allow sufficient time to align the 
tax and accounting treatment of the empowerment transaction with the fair market
value of the "Royalty Amount" payable to the RBN. The Framework Agreement       
remains conditional, but it is anticipated that the Effective Date will occur   
not later than 7 March 2007.                                                    
Johannesburg                                                                    
1 March 2007                                                                    
Financial adviser and transaction sponsor to Implats                            
Morgan Stanley South Africa (Pty) Limited                                       
Sponsor to Implats                                                              
Deutsche Securities (SA) (Pty) Limited                                          
Date: 01/03/2007 09:53:31 Produced by the JSE SENS Department.