JOHANNESBURG, South Africa, June 25, 2004 (PRIMEZONE) -- Impala Platinum Holdings Ltd. (Implats) (Pink Sheets:IMPUY) (Other OTC:IMPAF) (JSE:IMP) (LSE:IPLA) (ADR:IMPUY) confirms that it has dismissed some 1,700 rockdrill operators (representing some 6.5% of the total workforce) at the Impala Platinum south section. This follows after they have, to date, failed to return to work after embarking on unprotected industrial action on Wednesday, 23 June 2004. Management understands that the strike has to do with working conditions.
Other functions (apart from those of the rockdrill operators) at the south section are continuing normally. Management is currently considering plans to effect a resumption of the rockdrill operations as soon as is practicably possible.