African Rainbow Minerals (ARM) business update and impact of COVID-19

ARM notes the statement made by President Cyril Ramaphosa on Monday, 23 March 2020 during which the President announced that Government will be implementing a 21-day nation-wide lockdown with effect from midnight on Thursday, 26 March 2020 until midnight on Thursday, 16 April 2020 to curb the spread of COVID-19.

ARM is committed to contributing to the prevention of the spread of COVID-19 and will comply fully with the measures announced by Government.

We are engaging with Government and other stakeholders to ensure compliance with the Government’s decision. We have prepared a responsible and effective plan for temporary care and maintenance at all our operations.

Our key priorities remain the health and safety of all our employees, safeguarding the integrity and future sustainability of our operations and supporting our host communities and other stakeholders.

We are actively managing the new and increased risks that this global pandemic presents to our business and our operating environment and will continue to keep the shareholders, investors and other stakeholders updated.

For all investor relations queries please contact:

Jongisa Magagula
Executive Director: Investor Relations and New Business Development
Tel:       +27 11 779 1507
E-mail:   jongisa.magagula@arm.co.za

Johannesburg
24 March 2020
Sponsor: Investec Bank Limited