Notice of annual general meeting and no change statement

Notice of annual general meeting

The annual general meeting of Northam shareholders will be held in Room HB1, Hackle Brook, 110 Conrad Drive, corner of Jan Smuts Avenue and Conrad Drive, Craighall, Johannesburg, South Africa on Thursday, 10 November 2011 at 10h00 to transact the business as stated in the notice of the annual general meeting, forming part of the abridged annual report 2011.

No change statement

Shareholders are advised that the abridged financial statements for the 12 months ended 30 June 2011 as contained in the notice of annual general meeting and abridged annual report 2011 will be distributed to shareholders on 10 October 2011 and contain no material modifications to the reviewed preliminary results which were published on SENS on 18 August 2011.

The annual integrated report 2011 containing the full audited annual financial statements, and the sustainable development report 2011, are available at or can be obtained from the company's registered office on request.

10 October 2011

One Capital