Appointment of new CEO

2 November 2004

The board of African Rainbow Minerals Limited today announces the appointment of Mr Andre Wilkens as the chief executive officer. Mr Patrice Motsepe will continue as the executive chairman.

Andre Wilkens is presently the chief executive of ARMPlatinum and previously was chief operating officer of Harmony Gold Mining Company Limited. Prior to this he was chief executive officer of ARMGold Limited.

Sponsor to ARM:
Deutsche Securities (SA) (Proprietary) Limited