IMPALA PLATINUM HOLDINGS LIMITED - SPONSORED ADR PROGRAM INITIATED
IMPALA PLATINUM HOLDINGS LIMITED
Registration No. 1957/001979/06
ISIN: ZAE 000003554
SHARE CODE: IMP
SPONSORED ADR PROGRAM INITIATED
Impala Platinum Holdings Limited (Implats) is pleased to announce the initiation
of a sponsored Level I American Depository Receipt (ADR) programme. Deutsche
Bank has been appointed as the depository bank. The new, sponsored ADRs now
trade under the ticker symbol IMPUY, with two ADRs comprising one ordinary
share. The new cusip number is 452553308.
Keith Rumble, Chief Executive Officer of Implats said, "Our initiation of a
sponsored Level I ADR programme further highlights our ongoing commitment to our
growing US shareholder base. We have responded to the requests of these
shareholders to create a more visible profile and liquid market in the U.S. by
taking this step. We believe that this improvement in Implats` ADR programme
will ultimately benefit all our shareholders globally.
Mr. Rumble continued, "We were very impressed with the commitment and dedication
of Deutsche Bank`s ADR group and their ability to customize a programme to fit
an issuers` needs, while effectively servicing our shareholders."
Implats mines, beneficiates and markets platinum group metals (PGMs) and is the
world`s second largest platinum producer. Based in South Africa, the Company
has operations there and in Zimbabwe, along with exploration projects in the
United States, Canada, Brazil and Australia.
For further information please contact:
In South Africa:
Cathie Markus - Impala Platinum Charmane Russell - Russell & Assoc.
27-11-481-3925 (o) 27-11-880-3924 (o)
27-82-441-7166 (m) 27-82-372-5816 (m)
In the United States:
(732) 792-2200 (o)
7 January 2003
Deutsche Securities (SA) (Proprietary) Limited
Date: 07/01/2003 08:00:00 AM Produced by the JSE SENS Department