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Tue 7 Feb 2006, 16:27 Northam Platinum Limited - Exercise of options by
NHM
 NHM                                                                             
Northam Platinum Limited - Exercise of options by a director                    
NORTHAM PLATINUM LIMITED                                                        
(Incorporated in the Republic of South Africa)                                  
(Registration number 1977/003282/06)                                            
JSE code: NHM                                                                   
ISIN code: ZAE000030912                                                         
("Northam" or "the company")                                                    
________________________________________________________________________________
EXERCISE OF OPTIONS BY A DIRECTOR                                               
________________________________________________________________________________
In compliance with section 3.63 of the Listings Requirements of the JSE Limited,
Northam advises that options to purchase shares in the company have been        
exercised by an executive director as follows:                                  
Name of director:             G T Lewis                                         
Date of transaction:          6 February 2006                                   
Number and price at                                                             
which options exercised:      50 000 options at R19,25 each                     
                              60 000 options at R16,55 each                     
Total value:                  R1 955 500                                        
Class of securities:          Ordinary shares                                   
Interest in transaction:      Beneficial direct                                 
Clearance to deal:            Received                                          
Johannesburg                                                                    
7 February 2006                                                                 
Sponsor:                                                                        
Barnard Jacobs Mellet Corporate Finance (Pty) Limited                           
Date: 07/02/2006 04:27:42 PM Produced by the JSE SENS Department                
                                                                                
                                                                                
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