Statement re Work Stoppage at Rustenburg
January 26 2012 - 9:00AM
UK Regulatory
TIDMIPLA
Impala Platinum Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration No. 1957/001979/06)
ISIN: ZAE000083648
JSE Share Code : IMP
LSE Share Code : IPLA
ADR Code : IMPUY
("Implats" or "the Company")
SECOND UPDATE: WORK STOPPAGE BY ROCK DRILL OPERATORS AT IMPALA RUSTENBURG
Implats wishes to advise that the rock drill operators (RDO's), who
participated in an illegal work stoppage and who failed to report for duty on
Tuesday, 24 January 2012 have been dismissed. These employees have been given
the opportunity to reapply for their postions up until Friday, 27 January 2012.
As of this afternoon, approximately 15% have returned to work.
The Company has engaged with the National Union of Mineworkers (NUM) to
encourage RDO's to return to work where their issues then can be dealt with in
an appropriate forum.
Further announcements will be made in due course.
26 January 2012
Johannesburg
Issued by sponsor: Deutsche Securities (SA) (Proprietary) Limited
END
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