News releases.

Implats is a blue-chip resource investment, drawing shareholders from across the globe. Currently approximately 40% of the company's shareholders are drawn from outside of South Africa. In addition to its listing on the JSE in South Africa, the company also trades as a level 1 American Depository Share in the United States.

Trading update SENS

Thursday, 12 August 2010

Shareholders are advised that Implats’ headline earnings per share (HEPS) and basic earnings per share (EPS) for the financial year ended 30 June 2010 are expected to be between 750 and 800 cents which is between 20% and 25% lower than that of the financial year ended 30 June 2009 (HEPS and EPS of 1 001 cents).

A key factor in the decline of the HEPS and EPS was the increase in the share based expense (net of taxation) of R335 million in the current year, compared to a credit in the prior year of R648 million. This is equivalent to a movement of 164 cents per Implats share.

The financial information on which this trading statement is based has not been audited by the company’s external auditors.

The Company’s annual audited financial results will be released on 26 August 2010.

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