Amplats is pleased to announce that it has, subject to the fulfi lment of the conditions precedent set out in paragraph 8 below, resolved to implement a Mine host community development transaction, pursuant to which Amplats will establish a trust (“Lefa La Rona Trust”) through which the Benefi ciaries (defi ned below) will hold a participation interest (as described in more detail in paragraph 3.1 below). Amplats will issue 6 290 365 Amplats ordinary shares (“the Subscription Shares”) to Lefa La Rona Trust (“the Transaction”). The Subscription Shares will be issued subject to a notional vendor fi nance (“NVF”) mechanism, described in more detail in paragraph 5 below. The Transaction value is R3.5 billion and will equate to a 2.33% ownership interest in Amplats.