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Wed 31 Mar 2004, 17:42 FURTHER CAUTIONARY ANNOUNCEMENT
BARPLATS INVESTMENTS LIMITED - FURTHER CAUTIONARY ANNOUNCEMENT                  
  Barplats Investments Limited                                                    
  (Incorporated in the Republic of South Africa)                                  
  (Registration No: 1987/004830/06)                                               
  ("the Company")                                                                 
  ISIN: ZAE 000028692                                                             
  JSE Share code: BPL                                                             
                                     
  Further to the cautionary announcement issued on 8 March 2004, with regard to   
  the sale of all its shares to the Salene Consortium, the Company has been       
  informed by Impala Platinum Holdings Limited ("Implats") that Barplats Holdings 
  (Pty) Limited, a wholly owned subsidiary of Implats, has agreed to extend the   
  date for fulfillment of the conditions precedent, to 20 April 2004 as provided  
  for in the sale agreement. The agreement does not provide for any further       
  extensions.                                                                     
  There can be no assurance that the conditions to the sale agreement will be     
  fulfilled. Accordingly, shareholders are advised to continue to exercise caution
  in dealing with the Company"s securities until a further announcement is made.  
  Johannesburg                                                                    
  31 March 2004                                                                   
  Deutsche Securities                                                             
  Member of the Deutsche Bank Group                                               
  Date: 31/03/2004 05:00:23 PM Produced by the JSE SENS Department
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