Issue of Equity

AQUARIUS PLATINUM LIMITED 11 December 2014 Issue of New Securities Aquarius Platinum Limited advise that it has issued 36,505,657 common shares ata deemed price of US$0.24961 per Share in lieu of cash to the original vendorsof the Kruidfontein Right. The issue of shares is in settlement of theCompany's contractual obligation to the original vendors in connection with theCompany's recent sale of its indirect interest in the Kruidfontein prospectingright. The total number of shares on issue is 1,501,979,560. For further information please visit www.aquariusplatinum.com or contact: In Australia: Willi BoehmAquarius Platinum Corporate Services+61 8 9367 5211