Impala Platinum Holdings Limited - Reuters Mining Summit Telephonic Interview
With Keith Rumble
IMPALA PLATINUM HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1957/001979/06)
Share code: (`IMP/IMPO`)
ISIN: ZAE 000003554
(`Implats` or `the company`)
Reuters Mining Summit Telephonic Interview with Keith Rumble
`The company participated today by telephone in the Reuters Mining Summit in New
York. The salient points made in response to questions are set out below for the
purposes of confirming the information provided.
Keith Rumble, CEO, said that, in respect of anticipated headline earnings for
the full year, while in the interim results announcement in February this year
the company would, at that stage, have forecast a similar sort of performance
for the full year, a softer rand, good operational performance and strong metal
prices, particularly nickel, meant that he thought that `we will be materially
better than that`.
He said that a consensus forecast for headline earnings for the full year was
just under 36 Rand. `I think it will be somewhat better than that.`
He also advised that platinum production was expected to be double that of the
first half, plus 4%.
He also indicated that in addition to the amount declared in the interim results
as spent at that time on share buy backs, a further R100m had been spent to
The results for the year ended 30 June 2005 can be expected to be influenced by
the rand dollar exchange rate. If the expected results are confirmed with a
reasonable degree of certainty and require a trading statement in terms of the
JSE Securities Exchange South Africa`s Listings Requirements, a trading
statement will be published immediately.
The above statement has not been reviewed or reported on by Implats external
As soon as the full transcript of the telephonic interview becomes available,
the transcript will be posted on the Implats website (www.implats.co.za).
9 June 2005
Deutsche Securities (SA) (Pty) Limited
For further information contact:
Tel: (+27) 11 481 3925
Cell: (+27) 82 441 7166
Tel (+27) 11 481 3913
Cell: (+27) 82 453 7100
Date: 09/06/2005 05:58:25 PM
Produced by the JSE SENS Department