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Barplats Investments Limited                                                    
Incorporated in the Republic of South Africa                                    
Registration number 1987/004830/06                                              
Share code: BPL                                                                 
ISIN code: ZAE 000028692                                                        
"the Company"                                                                   
Cautionary Announcement                                                         
Shareholders are advised that Impala Platinum Holdings Limited is involved in   
discussions pertaining to its shareholding in the Company which may have a      
material impact on the price at which shares in the Company trade.              
Accordingly, shareholders are urged to exercise caution in their dealings in the
Company"s shares until such time as a further announcement is made.             
Johannesburg                                                                    
28 July 2003                                                                    
Sponsor: Deutsche Securities (SA) (Pty) Ltd                                     
Legal advisor: Webber Wentzel Bowens

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