NEW YORK, Aug. 11, 2005 (PRIMEZONE) -- Implats (JSE:IMP) (LSE:IPLA) (Pink Sheets:IMPUY) (Pink Sheets:IMPAF) confirms that it has reached and signed an agreement with National Union of Mineworkers (NUM) and United Associations of South Africa (UASA) with respect to wages and other issues. The two-year agreement provides for:
-- 6% to 6.5% increase in wages, along with various amendments to
other benefits in the first year; and
-- a 6% to 6.5% increase in the second year.