KROONDAL PLATINUM MINES LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1977/002213/06)
("the company" or "KPM")
KPM "T" Options : Allotment of KPM ordinary shares
The option to exercise KPM "T" options expired on 28 February 2001. Under the
terms and conditions of issue, the company is obliged to allot KPM ordinary
shares within seven days of the exercise date.
The directors of Computershare Services Limited ("Computershare"), the
company's transfer secretaries, have instructed KPMG to conduct a comprehensive
audit of Computershare's records and determine the number of options exercised
on or before 28 February 2001, and hence the number of shares to be issued.
It is anticipated that the company will be in a position to allot the KPM
ordinary shares and issue share certificates within seven days of this
announcement and will, at the same time, make application to the JSE Securities
Exchange South Africa for a listing of such shares.
Johannesburg
12 March 2001
Sponsor
HSBC Investment Services (Africa) (Pty) Limited
Reg. No. 1984/001736/07
Attorneys
Webber Wentzel Bowens
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