Insurance Settlement

Shareholders are advised that the company has received a net amount of R71.9 million from its insurers in final settlement of the claim for material damage (R10.5 million) and business interruption (R61.4 million) following the underground fire on 20 September 2004.

The R61.4 million received in respect of business interruption will be included in "sundry revenue" in the income statement for the financial year ending 30 June 2005.

Johannesburg
21 June 2005

Sponsor
Barnard Jacobs Mellet Corporate Finance (Pty) Limited