Appointment of financial director

Shareholders of Northam Platinum Limited (Northam) are advised that Mr Ayanda Khumalo has been appointed financial director of the company with effect from 1 July 2010.

Mr Khumalo, a chartered accountant by profession, holds a B Compt (Honours) and B Comm degree from the University of South Africa and has extensive mining and corporate finance experience. From September 2008 he was the group finance executive of Coal of Africa Limited. Prior to that, from 2004 to 2008, he was director – finance, of Aquarius Platinum South Africa (Pty) Limited.

Mr Khumalo takes over from Mr Derek Wolstenholme who, having reached retirement age, has resigned from the board. Mr Wolstenholme will continue to serve the company as group corporate finance manager, with responsibility for special projects.

Distributed by:

Russell & Associates, Johannesburg
Tel: +27 (0)11 880 3924
Fax: +27 (0)11 880 3788

Barnard Jacobs Mellet Corporate Finance (Pty) Ltd