Cautionary Announcement
18 Janeiro 2001 - 7:29AM
UK Regulatory
RNS Number:4263X
Northam Platinum Ld
18 January 2001
Northam Platinum Limited
(Registration number 1977/003282/06)
(Incorporated in the Republic of South Africa)
("Northam")
CAUTIONARY ANNOUNCEMENT
The board of directors of Northam hereby announce that Northam has expressed
its interest, in writing, to the board of directors of Kroondal Platinum Mines
Limited ("KPM"), in acquiring KPM. Northam has indicated that it would
consider a price of R40.00 per KPM ordinary share and R30.80 per KPM "T"
option, and that its preference would be to acquire 100% of KPM. Accordingly,
shareholders of Northam are advised to exercise caution in their share
dealings until a further announcement is made.
Johannesburg
18 January 2001
Investment bank to the transaction
Nedcor Investment Bank
Corporate law consultants and advisors
to the transaction
Edward Nathan & Friedland
Merchant Bank to Northam
Standard Corporate and Merchant Bank
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