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Wed 1 Nov 2006, 15:26 Deutsche - Warrants notice
JSE
 DEUT                                                                            
Deutsche -  Warrants notice                                                     
IMPLALA PLATINUM HOLDINGS LIMITED WARRANTS NOTICE                               
Holders of the warrants listed below are referred to the notice to shareholders 
of Impala Platinum Holdings Limited, regarding the Impala Platinum Holdings     
Limited"s corporate action.                                                     
Deutsche Bank AG will make the following adjustments to the terms and           
conditions of the warrants below: -                                             
Warrants                                                                        
Code    Type   Expiry            Previous  Adjusted      Previous  Adjusted     
                                 Strike    Strike Price  Cover     Cover        
                                 Price                   Ratio     Ratio        
IMPDBH  AC     22 February 2007  1500      187.50        300       37.50        
IMPDBI  AC     6 June  2007      1350      168.75        500       62.50        
IMPDBS  EP     22 February 2007  1100      137.50        300       37.50        
The above adjustments will be made from the start of trading on 6 November      
2006.                                                                           
The effects of the adjustments will place the holders in the same position, had 
the corporate action not taken place.                                           
For further information contact Deutsche Securities (Pty) Limited, 3 Exchange   
Square, 87 Maude Street, Sandton: (Ian Leisegang  - Tel (011) 775-7282 or email 
x-markets.co.za                                                                 
1 November 2006                                                                 
Date: 01/11/2006 03:26:48 PM Produced by the JSE SENS Department                
                                                                                
                                                                                
                                                                                
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