Company announcement

The management of Northam advises that the Inspector of Mines on Tuesday, 16 October 2007 issued the company’s Northam mine with an order under Section 54 of the Mine Health and Safety Act to temporarily stop underground operations.

This follows the death of an employee, Mr Taneso Matumane early yesterday morning in a fall of ground accident in a stope some 1 600 metres below surface.

Management conveys its heartfelt condolences to his family and friends.

The Northam mine is situated in the Limpopo Province near the town of Thabazimbi.