Director/PDMR Shareholding

Schedule 11 - Notification of interests of Directors and Connected Persons 1 Name of Company: Aquarius Platinum Limited 2 Name of director: Nicholas T Sibley 3 Please state whether notification indicates that it is in respect of holdingof the director named in 2 above or holding of that person's spouse or childrenunder the age of 18 or in respect of a non-beneficial interest: Beneficial interest of Mr Nicholas Sibley 4 Name of registered holder(s) and, if more then one holder, the number ofshares held by each of them (if notified): a. Nicholas Sibley - 38,672 shares b. Stockland - 566,666 shares c. Sefton Park Ltd - 3,188,886 shares 5 Please state whether notification relates to a person (s) connected with thedirector named in 2 above and identify the connected person (s) (b) The registered holder is HSBC Custody Nominees (Australia) Limited. Theshares are held on behalf of Stockland Group Limited which is owned by adiscretionary trust whose beneficiaries are children and grandchildren of MrSibley. (c) The registered holder is HSBC Custody Nominees (Australia) Limited. Theshares are held on behalf of Sefton Park Ltd, a company in which Mr Sibley is adirector and has a 50% equity interest. 6 Please state the nature of the transaction. For PEP Transactions pleaseindicate whether general/single co PRP and if discretionary/non discretionary: Take up of Aquarius Platinum Limited's Rights Issue entitlements 7 Number of shares/amount of stock acquired: 3,794,224 8 Percentage of issued class: 0.26% 9 Number of shares/amount of stock disposed: N/A 10 Percentage of issued class: N/A 11 Class of security: Common Shares 12 Price per Share: A$0.25 13 Date of transaction: 21 May 2014 14 Date company informed: 21 May 2014 15 Total holding following this notification: 5,691,337 16 Total percentage holding of issued class following this notification: 0.39% Questions 17 through to 22 are not applicable to this notification. 23 Contact name for queries: Mr Willi Boehm 24 Contact telephone number: +618 9367 5211 25 Name of company official responsible for making notification:

Mr Willi Boehm