Annual Report 2002

Directors' Declaration

In the opinion of the Directors of Zimbabwe Platinum Mines Limited:

1. the financial statements and notes, set out on pages 41 to 67, have been prepared in accordance with with The Companies (Guernsey) Law, including:
   
1. giving a true and fair view of the financial position of the Company and the consolidated entity as at 30 June 2002 and of their performance, as represented by the results of their operations and their cash flows, for the year ended on that date; and
   
2. complying with International Accounting Standards; and
   
2. there are reasonable grounds to believe that the Company and its subsidiaries will be able to meet any obligations or liabilities to which they are or may become subject.

Signed in accordance with a resolution of the Directors:

R A Pitchford                                                 G Sebborn
Chief Executive Officer                                  Chief Financial Officer

Harare
Zimbabwe
26 September 2002.