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Statement re Fatality at Kroondal Platinum Mine

8th Sep 2008 15:52

AQUARIUS PLATINUM LIMITEDASX, LSE & JSE8 September 2008

Fatality at Kroondal Platinum Mine

Aquarius Platinum Limited regrets to advise that Mr Siyabonga Hlungwani, an employee of mining contractor Redpath Mining, was fatally injured in an accident involving a Load Haul Dump (LHD) vehicle at Kroondal's K5 shaft at approximately 19:00 on Friday, 5 September.

Aquarius Platinum South Africa's management team, together with the Safety and Health Inspectorate of the Department of Minerals and Energy (DME), Redpath Mining management and representatives from unions, the National Union of Mineworkers and Solidarity, undertook an in loco inspection on Friday evening and the outcome of the investigation is still pending.

Following the accident, the DME issued an instruction to suspend the use of all trackless mining machinery at Kroondal mine and the adjacent Marikana mine, while LHD drivers undergo retraining. Retraining began on the night shift on 7 September 2008 and has continued through the day on Monday, 8 September. AQPSA will seek confirmation from the DME as to when operations involving machinery may continue.

Operations unrelated to trackless machinery, for example, drilling and blasting, and surface processing operations are continuing. Operations at Everest Platinum are unaffected.

The Board and management of AQP extend their condolences to the family and colleagues of the Mr Hlungwani.

For further information please contact:

In Australia and the United Kingdom:

Nick Bias Aquarius Platinum + 44 7887 920 530 In South Africa: Charmane Russell Russell & Associates +27 11 880 3924 REGISTERED OFFICE

Aquarius Platinum Limited ¢â€" Clarendon House ¢â€" 2 Church Street ¢â€" Hamilton HMCX Bermuda

Email: [email protected]

Telephone: +61 8 9367 5211

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