Anooraq Resources Shareholders Advised to Exercise Caution in Dealing with Company's Securities

Anooraq Resources Corporation ANO refers shareholders to the cautionary announcements of May 13, 2011 and June 28, 2011, relating to discussions between Anooraq and Anglo American Platinum Limited in respect of a potential transaction between them. As stated in those announcements, the nature of these discussions relate to the completion of a strategic review by the Parties of the assets and financing structures of, and pertaining to Bokoni Platinum Holdings Limited, with a view to Anooraq and the Bokoni Group effecting a restructuring and refinancing transaction. The Parties have now completed their strategic review of the Bokoni Group asset base and are in negotiations around the restructuring, recapitalization and refinancing of the Bokoni Group and Anooraq, having regard to the results of the strategic review. As these discussions remain ongoing, Shareholders are advised to continue to exercise caution when dealing in their Anooraq securities until a further announcement is made.