Northam Platinum Limited - Trading Update
NORTHAM PLATINUM LIMITED
(Registration number 1977/003282/06(Incorporated in the Republic of South Africa)
Share Code: NHM ISIN ZAE000030912
(`the company`)
TRADING UPDATEShareholders are advised that the company`s earnings and headline earnings per
share for the six-month period ending 31 December 2004 are expected to be
between 40% and 50% lower than those of the comparable period ended 31 December
2003. The company`s operations were severely disrupted following a fire at themine on 20 September 2004. Production at the company`s mine will consequently be
significantly lower than in the comparable period. In addition, despite a
substantial increase in the US Dollar value of the company`s basket of metals,
the Rand receipts continue to be adversely affected by the sustained strength ofthe Rand against the US Dollar.
The company`s forecast earnings and headline earnings per share have not been
reviewed by the company`s auditors.
It is anticipated that the interim results for the six months ending 31 December2004 will be released on or about 3 February 2005.
Johannesburg
14 December 2004
Sponsor:Barnard Jacobs Mellet Corporate Finance (Pty) LimitedDate: 14/12/2004 03:07:04 PM Produced by the JSE SENS Department
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