Report profile

This annual report is for the 2007 financial year, from 1 July 2006 to 30 June 2007, although both historical and forward-looking data have been provided for information purposes. While information in this report is for the FY2007 period, unless otherwise stated, information relating to the metals markets is provided by calendar year.

The company reports its production in terms of platinum and total platinum group metals (PGMs) where the latter includes platinum, palladium, rhodium, ruthenium and iridium as well as gold, or what is otherwise referred to as 5PGE+Au.

The annual financial statements contained in this report have been prepared in accordance with International Financial Reporting Standards (IFRS), the requirements of the South African Companies Act and in line with the regulations of the JSE Limited (JSE) and the recommendations of the King Report on Corporate Governance for South Africa 2002 (King II). The G3 reporting guidelines of the Global Reporting Initiative (GRI) have been followed in the preparation of both this report and the report on corporate responsibility.

Reporting of Mineral Resources and Mineral Reserves estimates has been done in accordance with the South African Code for Reporting of Mineral Resources and Mineral Reserves (SAMREC) and the Australian Code for Reporting of Mineral Resources and Ore Reserves (JORC), and duly signed off by the Competent Persons, as defined by these codes.

The annual financial statements are available on the company’s website at www.implats.co.za. In addition to the summary on corporate responsibility contained within this document, the company will publish a more comprehensive corporate responsibility report on its website in September 2007. The company’s response to the South African Mining Charter is also available on this website.

Certain statistical information is provided for comparative purposes for up to 10 years (financial years 1998 to 2007). While information is in respect of all subsidiary, joint venture and investment companies, it should be noted that in all cases production or capital expenditure, etc, which are attributable to Implats, are highlighted. In all cases in this report, $ or dollar refers to the US dollar, unless otherwise stated.

All share information has been adjusted for the 8:1 share split that was effective in November 2006.

Additional information on the group may be found on the company’s website or obtained from the contact persons listed on the inside back cover of this report.