Zimbabwe Monetary Policy and Implats


JOHANNESBURG, South Africa, Oct. 29, 2004 (PRIMEZONE) -- Impala Platinum Holdings Limited (Implats) (Pink Sheets:IMPUY) (Other OTC:IMPAF) (JSE:IMP) (LSE:IPLA) (ADRS:IMPUY) confirms that the company has been and remains in discussions with the Governor of the Reserve Bank of Zimbabwe in respect of changes in monetary policy announced yesterday (28 October 2004).

It has been agreed that a task team, comprising government officials and company representatives will be established to ensure that a satisfactory conclusion will be reached that is in the interests of both the mining investors in the country and the Reserve Bank.

The company will respond in more detail in due course.



            

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