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Northam Platinum Limited - Withdrawal Of Cautionary Announcement                
NORTHAM PLATINUM LIMITED                                                        
Registration number 1977/003282/06                                              
Incorporated in the Republic of South Africa                                    
Share Code: NHM      ISIN ZAE000030912                                          
("the company")                                                                 
WITHDRAWAL OF CAUTIONARY ANNOUNCEMENT                                           
Shareholders are referred to the cautionary announcements dated 6 August and 16 
September 2003 and are advised that negotiations regarding the possible         
acquisition of a substantial PGE resource on the Eastern Limb of the Bushveld   
Complex have been terminated.                                                   
Shareholders are accordingly advised that they no longer need exercise caution  
when dealing in the company"s shares.                                           
The company is continuing actively to pursue other opportunities.

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