An inspection of the Number One furnace has established that the source of the matte run-out was a water leak in one of the lower copper cooling waffle units above one of the matte tappe blocks. This unit is being replaced and a full investigation into the cause of the leak is underway.

Matte is expected to be tapped again at the Number One furnace within the previously estimated 30 days, during which time the vessel will be fully repaired, monitored and tested. Our initial total cost estimate for the repair of the furnace and the extra costs of running our Pyromet furnaces is around US$4 million. The Pyromet furnaces tapped matte on 21 June 2009 and will remain in operation until September 2009.

As a result of utilising our additional smelting capacity, we expect to process the majority of the concentrate inventory built up ahead of the Smelter during the Number One furnace shutdown before the end of the 2009 financial year. However, the shutdown will impact our ability to fully refine the remainder of this built up metal in process during that period.

As a consequence of the shutdown, it is estimated that at 30 September 2009 there could be an increase in metal in process of up to 20,000 ounces of Platinum.

- Ends -

ENQUIRIES:

Investors / Analysts:

Rob Gurner + 44 (0) 207 201 6050

Head of Investor Relations

Media:

Cardew Group + 44 (0) 207 930 0777

Anthony Cardew / Rupert Pittman

Financial Dynamics + 27 (0) 21 487 9000

Dani Cohen / Ravin Maharaj

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