Results of the annual general meeting and appointment of a non-executive director

Northam shareholders (“Shareholders”) are advised that at the annual general meeting of Shareholders held on Thursday, 10 November 2011, all the ordinary and special resolutions as set out in the notice of annual general meeting dated 30 September 2011, were approved by the requisite majority of Shareholders present or represented by proxy thereat, with the exception of Ordinary Resolution No. 6. Ordinary Resolution No. 6 related to the placement of Northam’s authorised but unissued shares under the control of its directors in accordance with the JSE Limited Listings Requirements (“Listings Requirements”).

In accordance with paragraph 3.59 of the Listings Requirements, Shareholders are advised that Mr J Cochrane has been appointed as a non-executive director of Northam with effect from 10 November 2011. Mr Cochrane holds an MBA and a B Eng (honours) degree in mining and petrochemical engineering and is an executive director and chief commercial officer of Eurasian Natural Resources Corporation plc (ENRC) responsible for marketing and logistical operations.

Johannesburg
10 November 2011

Sponsor
One Capital