Investors and media


Market update and renewal of cautionary announcement

7 September 2012

Shareholders of Atlatsa are referred to the announcements released on the Securities Exchange News Service on 2 February 2012, 3 May 2012, 14 June 2012 and 27 July 2012 respectively, relating to the agreement of the key terms in respect of a transaction to restructure, recapitalize and refinance Atlatsa and the Bokoni group of companies ("Bokoni group") (the "Restructure Plan").

Shareholders are advised that Atlatsa and Anglo American Platinum Limited have made progress with the Bokoni Platinum Mines' ("Bokoni") operational review initiated in Q2 2012, as well as the definitive agreements relating to the Restructure Plan.

Once all definitive agreements have been finalized the Company will publish the financial effects of the Restructure Plan and post its circular to shareholders seeking necessary approvals for its implementation.

A further announcement will be released on the Securities Exchange News Service, filed on SEDAR and EDGAR, and published in the South African press, as soon as the financial effects have been finalized, and the definitive transaction agreements have been executed.

Shareholders are advised to continue exercising caution when dealing in the Company's securities until a full announcement is made.

7 September 2012

JSE Sponsor
Macquarie First South Capital (Pty) Limited

Issued on behalf of Atlatsa Resources Corporation

Joel Kesler
Executive: Corporate Development
Office: +27 11 779 6800
Mobile: +27 82 454 5556

Russell and Associates

Charmane Russell
Office: +27 11 880 3924
Mobile: +27 82 372 5816

Macquarie First South Capital

Annerie Britz/ Yvette Labuschagne
Office: +27 11 583 2000