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Rule 8.3 - Aquarius Platinum Limited

12th May 2009 14:54

FORM 8.3 DEALINGS BY PERSONS WITH INTERESTS IN SECURITIES REPRESENTING 1% OR MORE (Rule 8.3 of the Takeover Code)

1. KEY INFORMATION

Name of person dealing (Note 1) Corocapital Limited on behalf of the Gabriel

Trust Company dealt in Aquarius Platinum Ltd Class of relevant security to Aquarius Platinum Ltd Convertible Bond which the dealings being disclosed relate (Note 2) Date of dealing 11 May 2009

2. INTERESTS, SHORT POSITIONS AND RIGHTS TO SUBSCRIBE

(a) Interests and short positions (following dealing) in the class of relevantsecurity dealt in (Note 3) Long Short Number (%) Number (%) (1) Relevant securities 1 000 1.54% (2) Derivatives (other than options) (3) Options and agreements to purchase/sell Total 1 000 1.54%

(b) Interests and short positions in relevant securities of the company, other than the class dealt in (Note 3)

Class of relevant security: Long Short Number (%) Number (%) (1) Relevant securities (2) Derivatives (other than options)

(3) Options and agreements to purchase/sell Total

(c) Rights to subscribe (Note 3)

Class of relevant security: Details 3. DEALINGS (Note 4)(a) Purchases and salesPurchase/sale Number of securities Price per unit (Note 5)

(b) Derivatives transactions (other than options)

Product name, Long/short (Note Number of securities Price per unit (Note 6) (Note 7) 5) e.g. CFD

(c) Options transactions in respect of existing securities

(i) Writing, selling, purchasing or varying

Product name, Writing, Number of Exercise Type, e.g. Expiry Option

selling, securities to American, money e.g. call purchasing, which the price European date option varying option etc. paid/ etc. relates (Note received 7) per unit (Note 5) (ii) ExercisingProduct name, e.g. call Number of securities Exercise price per unit option (Note 5)

(d) Other dealings (including new securities) (Note 4)

Nature of transaction Details Price per unit (if (Note 8) applicable) (Note 5) Subscription under 1 000 convertible bonds ZAR10 000 each convertible bond issue 4. OTHER INFORMATION

Agreements, arrangements or understandings relating to options or derivatives

Full details of any agreement, arrangement or understanding between the person disclosing and any other person relating to the voting rights of any relevant securities under any option referred to on this form or relating to the voting rights or future acquisition or disposal of any relevant securities to which any derivative referred to on this form is referenced. If none, this should be stated.

Is a Supplemental Form 8 attached? (Note 9) NO - NA

Date of disclosure 12 May 2009 Contact name D Ross / Andy Palmer Telephone number (011) 566 5300 / 003 531 406 2283

If a connected EFM, name of offeree/offeror NA with which connected If a connected EFM, state nature of NA connection (Note 10)

Notes

The Notes on Form 8.3 can be viewed on the Takeover Panel's website at www.thetakeoverpanel.org.uk

vendor

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