COMPANY ANNOUNCEMENT

Trading statement for the six months ended 30 June 2012

27 July 2012

In terms of paragraph 3.4(b) of the Listings Requirements of JSE Limited (“JSE”), a listed company is required to publish a trading statement as soon as it is satisfied that a reasonable degree of certainty exists that the financial results for the period to be reported upon next will differ by at least 20% from those of the previous corresponding period.

RBPlat is in the process of finalising its financial results for the six months ended 30 June 2012. The company advises that it anticipates earnings per share (“EPS”) and headline earnings per share (“HEPS”) for the six months ended 30 June 2012, to be between 40 cents and 50 cents, compared to an EPS and HEPS of 105 cents for the previous corresponding period (the six months ended 30 June 2011).

Normalised EPS for the six months ended 30 June 2012, after adjusting for an additional amortisation and depreciation charge related to a fair value adjustment, are anticipated to be between 55 cents and 70 cents compared to Normalised EPS of 126 cents for the previous corresponding period.

The expected decrease in EPS, HEPS and Normalised EPS is primarily due to lower sales volumes, lower realised revenue basket prices and elevated mining industry cost inflation during the first half of 2012. Sales volumes for the period were lower primarily due to an increased level of safety related stoppages, caused largely by a fatal accident and a fall of ground shortly thereafter, together with lower grades primarily due to the processing of low grade above-surface ore.

RBPlat expects to release its interim results on or about 20 August 2012.

The information set out in this announcement has not yet been reviewed and reported on by the company’s external auditors.

Johannesburg
27 July 2012

JSE Sponsor
Macquarie First South Capital (Pty) Limited

For further enquiries, please contact:

Lindiwe Montshiwagae
Investor Relations Manager
Tel: +27 (0)10 590 4517
Mobile: +27 (0)82 920 7803