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Tue 24 Oct 2006, 10:47 Northam - Exercise of options by a Director
NHM
 NHM                                                                             
Northam - 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:          23 October 2006                                   
Number and price at                                                             
which options exercised:      1) 75 000 options at R8.30 each                   
2) 60 000 options at R10.60 each                  
Total value:                  R1 258 500                                        
Class of securities:          Ordinary shares                                   
Interest in transaction:      Beneficial direct                                 
Clearance to deal:            Yes                                               
Johannesburg                                                                    
24 October 2006                                                                 
Sponsor:                                                                        
Barnard Jacobs Mellet Corporate Finance (Pty) Limited                           
Date: 24/10/2006 10:47:10 AM Produced by the JSE SENS Department                
                                                                                
                                                                                
                                                                                
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