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Result of AGM

1st Dec 2009 09:15

AQUARIUS PLATINUM LIMITEDASX, LSE & JSE1 December 2009

RESULTS - ANNUAL GENERAL MEETING

We advise the following ordinary resolutions placed before shareholders at the Annual General Meeting of Aquarius Platinum Limited on 27 November 2009 were approved as follows:

1. Resolution 1 - Re-election of Mr Tim Freshwater

To consider, and if thought fit, to pass, with or without amendment, the following resolution:

""That Mr Tim Freshwater, who retires by rotation in accordance with the Company's Bye-Laws and being eligible, offers himself for re-election, be re-elected as a Director."

In Favour: 291,955,011 Against: 17,843,107 Abstain: 2,888,471

2. Resolution 2 - Re-election of Mr Edward Haslam

To consider, and if thought fit, to pass, with or without amendment, the following resolution:

"That Mr Edward Haslam, who retires by rotation in accordance with the Company's Bye-Laws and being eligible, offers himself for re-election, be re-elected as a Director."

In Favour: 288,460,592 Against: 21,337,526 Abstain: 2,888,471

3. Resolution 3 - Re-election of Mr Zwelakhe Mankazana

To consider and, if thought fit, to pass, with or without amendment, the following resolution:

"That Mr Zwelakhe Mankazana, who was appointed a director of the Company to fill a casual vacancy on 5 November 2008, retires in accordance with the ASX Listing Rules and being eligible, offers himself for re-election, be re-elected as a Director."

In Favour: 291,554,854 Against: 18,243,147 Abstain: 2,888,588

4. Resolution 4 - Approve and/or ratify the issue of Shares on exercise of the

Ridge Options

To consider and, if thought fit, to pass, with or without amendment, the following resolution:

"That, for the purposes of ASX Listing Rule 7.1, ASX Listing Rule 7.4 and for all other purposes, the Shareholders approve or ratify (as appropriate) the issue of up to 1,815,684 Shares on exercise of the Ridge Options, on the terms and conditions set out in the Explanatory Memorandum."

In Favour: 289,653,786 Against: 18,885,090 Abstain: 4,147,713

5. Resolution 5 - Ratify the issue of Shares on exercise of the Imbani Option

and the Zijin Warrants

To consider and, if thought fit, to pass, with or without amendment, the following resolution:

"That, for the purposes of ASX Listing Rule 7.4 and for all other purposes, the Shareholders ratify the issue of 11,636,363 Shares on exercise of the Imbani Option and the Zijin Warrants, on the terms and conditions set out in the Explanatory Memorandum."

In Favour: 289,653,669 Against: 18,885,090 Abstain: 4,147,830

6. Resolution 6 - Re-appointment of Auditor

To consider and, if thought fit, to pass, with or without amendment, the following resolution:

"That, Messrs Ernst & Young of Perth, Western Australia, be and are hereby appointed as Auditors of the Company until the conclusion of the next annual general meeting at a fee to be agreed by the Directors."

In Favour: 269,342,867 Against: 36,735,340 Abstain: 6,608,382

For further information please contact:

In Australia: Willi Boehm Aquarius Platinum Corporate Services Pty Ltd +61 8 9367 5211 In South Africa: Stuart Murray Aquarius Platinum (South Africa) (Pty) Ltd +27 11 656 1140 or visit: www.aquariusplatinum.com

REGISTERED OFFICE

Aquarius Platinum Limited Clarendon House 2 Church Street Hamilton HMCX Bermuda

Email: [email protected]

Telephone: +61 8 9367 5211

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