News statement: mine accident

Johannesburg, 20 February 2006. It is with deep regret that Northam Platinum Limited advises the death of three employees following an explosion in a mining-related accident underground at its mine in the Thabazimbi area in the Limpopo Province.

The incident occurred at approximately 14:00 today, Monday 20 February 2006 at a depth of some 1,600 metres underground.

Management is currently engaging with the DME and the unions in launching an investigation into the cause of the incident.

No other employees sustained any injuries. The names of the deceased are being withheld until their next of kin have been advised.

Distributed by:

Russell & Associates
Marion Brower
Tel: +27 11 880 3924
Fax: +27 11 880 3788
Mobile: 082 895 0698