Sale of Everest Mine - Update

AQUARIUS PLATINUM LIMITED ASX, LSE & JSE 3 March 2015 SALE OF Everest Mine - UPDATE Aquarius Platinum Limited (AQP) announced on 10 February 2015 that itssubsidiary, Aquarius Platinum (South Africa) (Pty) Ltd (AQPSA), has enteredinto an agreement to sell AQPSA's entire interest in the Everest mine andrelated mining and processing infrastructure and immovable properties (Everest)to Northam Platinum Limited (Northam) (together the "Disposal"), for anaggregate consideration of R450 million, payable in cash. AQP has been in discussions with the UK Listing Authority regarding theclassification of the Disposal under Chapter 10 of the UK Listing Rules.Further to such discussions, AQP confirms that the transaction is a Class 2transaction under Chapter 10 of the UK Listing Rules and will not require theapproval of AQP's shareholders. For further information please contact: In South Africa: In Australia: Jean Nel Willi BoehmAquarius Platinum (South Africa) (Pty)Ltd Aquarius Platinum Corporate Services Pty Ltd+27 (0) 10 001 2848 +61 (0) 8 9367 5211 or visit: www.aquariusplatinum.com REGISTERED OFFICE Aquarius Platinum Limited ● Clarendon House ● 2 Church Street ● Hamilton HMCXBermuda Email: [email protected]

Telephone: +61 8 9367 5211