NEW CHIEF EXECUTIVE OFFICER AT WESIZWE PLATINUM

With reference to the announcement made on 5 May 2011, Wesizwe is pleased to confirm that Mr Jianke Gao has assumed the role of Chief Executive Officer, having secured the requisite work permit. Mr Arthur Mashiatshidi and Mr Qiyin Zhang have stepped down as Joint Acting Chief Executive Officers. Mr Zhang will retain an Executive Director role and Mr Mashiatshidi will remain on the Company’s Board as a Non-Executive Director.

Mr Gao received a Bachelor of Mining from Central-South Institute of Mining and Metallurgy in China in July 1984 and has achieved the qualification of Professor Level Senior Engineer. Since January 2009, Mr Gao served as the General Manager Assistant of Jinchuan Group Limited (Jinchuan) and, before that, as the Mine Manager of Mining Zone 2 of Jinchuan from January 2003. Mr Gao began his career with Jinchuan in September 1984 and has held a number of positions during his impressive career with the company.

Wesizwe wishes to thank Mr Mashiatshidi for his contribution in his capacity as Chief Executive Officer of the Company and looks forward to his continued and valued contributions as a Non-Executive Director.

Johannesburg
1 August 2011

Sponsor: Investec Bank Limited

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