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Directorate Change

8th Oct 2012 07:00

AQUARIUS PLATINUM LIMITEDASX, LSE & JSE8 October 2012 Resignation of Managing Director/CEO

The Company has accepted the resignation of Mr. Stuart Murray as CEO of Aquarius Platinum Limited (AQP) and Chairman of its principal subsidiary Aquarius Platinum (South Africa) (Pty) Ltd (AQPSA) with effect from 5th October 2012.

Mr. Murray has also terminated his directorships in all other Group Companies with immediate effect, however his employment with both AQP and AQPSA will continue until 31 March 2013 during which period he will provide whatever assistance is required to affect an orderly handover. The Board will consider a replacement in due course.

In the interim, Mr. Jean Nel has been appointed Chief Operating Officer of AQP and MR. Zwelakhe Mankazana has been appointed interim non-executive Chairman of Aquarius' principal subsidiary, AQPSA.

On behalf of the Board, Chairman Mr. Nicholas Sibley thanks Stuart for his valuable contribution to Aquarius during his tenure as Group CEO and wishes him every success in his future endeavours.

For further information please contact: In South Africa: In Australia: Jean Nel Willi Boehm + 27 12 001 2001 +61 8 9367 5211 REGISTERED OFFICE

Aquarius Platinum Limited ● Clarendon House ● 2 Church Street ● Hamilton HMCX Bermuda

Email: [email protected]

Telephone: +61 8 9367 5211

PINX

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