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NORTHAM PLATINUM LIMITED -                                  
NORTHAM PLATINUM LIMITED                                                        
(Incorporated in the Republic of South Africa)                                  
(Registration number 1977/003282/06)                                            
Share code: NHM                                                                 
ISIN: ZAE000030912                                                              
("the company")                                                                 
DIRECTOR"S DEALINGS                                                             
In compliance with section 3.63 of the Listings Requirements of the JSE, we     
hereby advise the following dealings by a director in the company"s securities: 
Name of director:                  AS Malone (non-executive director)           
Date of transaction:               20 October 2003                              
Price:                             R10,23 per share                             
Number of securities:              25 000                                       
Total value:                       R255 750                                     
Class of securities:               Ordinary                                     
Nature:                            Sale                                         
Interest:                          Indirect beneficial                          
Johannesburg                                                                    
21 October 2003                                                                 
Sponsor:                                                                        
Barnard Jacobs Mellet Corporate Finance (Pty) Limited                           
Date: 21/10/2003 11:36:29 AM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department                                             

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