CORPORATE PROFILE

Royal Bafokeng Platinum (RBPlat) was originally incorporated in July 2008 by Royal Bafokeng Holdings (RBH), the investment vehicle of the Royal Bafokeng Nation (RBN), a community of about 300 000 Setswana-speaking people which has substantial, minerals-rich land holdings in South Africa’s North West province. RBN land has a permanent population of approximately 150,000 people, two thirds of whom are members of the Bafokeng Nation. Additional information about the Royal Bafokeng Nation can be found on www.bafokeng.com. Today it is a platinum group metals (PGMs)-focused company listed on the JSE Limited. RBPlat was created from the restructuring of the Bafokeng Rasimone Platinum Mine (BRPM) Joint Venture between Royal Bafokeng Holdings and Anglo Platinum Limited, which resulted in the ownership and control of the mining operations of the joint venture vesting in the RBN, via its subsidiary RBPlat.

RBPlat operates the Boschkoppie Mine and is in the process of constructing the Styldrift Merensky Phase I Project. These operations are located in the North West province of South Africa, 120 kilometres from Johannesburg, 30 kilometres from Rustenburg and just 17 kilometres from Phokeng – the capital of the RBN. The combined operations will exploit both the Merensky and UG2 reefs. The significant reserves and resources RBPlat has are capable of sustaining operations for at least the next 60 years.

As at end January 2012, RBPlat employs 7,773 people, 2,880 being its own employees and 4,893 being contractors.