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“STRATE system”a clearing and settlement environment for security transactions to besettled and transfer of ownership to be recorded electronically, managedby STRATE;“transfer secretaries” orComputershare Limited (Registration number 2000/006082/06), Ground“Computershare Limited” Floor, 70 Marshall Street, Johannesburg, 2001 (PO Box 61051,Marshalltown, 2107);“UK transfer secretaries” or“Capita Registrars”“UG2 reef”“underwriters”“underwriting agreement”“UK”“United States” or “US”Capita Registrars, The Registry, 34 Beckenham Road, Beckenham, Kent,BR3 4TU;a chromite ore body in the Bushveld sequence, which contains economicgrades of PGMs;ASAC and Standard Bank;the agreement between the Company and the underwriters, dated 5 April2004 in terms of which the underwriters have agreed to subscribe orprocure subscriptions for the preference shares which are not taken uppursuant to the rights offer, further details of which are set out inparagraph 5 of this circular;United Kingdom; andthe United States of America, its territories and possessions and theDistrict of Columbia.8