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Fri 4 Feb 2005, 8:21 Further announcement to the Preliminary Results p
Palabora - Further announcement to the Preliminary Results published on 27      
           January 2005                                                         
PALABORA MINING COMPANY LIMITED                                                 
(Incorporated in the Republic of South Africa)                                  
Registration number - 1956/002134/06                                            
Share Code: PAM        ISIN: ZAE000005245                                       
(`Palabora` or `the Company`)                                                   
FURTHER ANNOUNCEMENT TO THE PRELIMINARY RESULTS PUBLISHED ON 27 JANUARY 2005    
Shareholders are referred to the preliminary results published on 27 January    
2005.  In the report, under the heading `Selected Statistics`, the average      
vermiculite prices realised per tonne are disclosed as R978 (2004) and R1 087   
(2003) respectively. The Company would like to clarify that the disclosed       
figures are for local sales only, and do not reflect the consolidated average   
prices. The consolidated average prices realized per tonne were R1 378 in 2004  
compared to R1 429 in 2003.                                                     
For further information please contact the Managing Director, Keith Marshall, on
+27  (0) 15 780 2802.                                                           
Phalaborwa                                                                      
03 February 2005                                                                
Sponsor:                                                                        
Barnard Jacobs Mellet Corporate Finance (Pty) Limited                           
Date: 04/02/2005 07:43:03 AM                    
Produced by the JSE SENS Department                                             
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