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Statement re Marikana Pool & Share Agreement

21st Nov 2005 09:33

AQUARIUS PLATINUM LIMITED21 November 2005Marikana Pool & Share Agreement Regulatory ApprovalsAquarius Platinum Limited ("Aquarius") is pleased to announce the finalisationof regulatory approvals for the Marikana Pool & Share Agreement (P&SA2) whichwas announced on 13th July 2005.This second pool and share agreement with Anglo Platinum Limited will increaseannual production at Marikana to 250,000 PGM ounces (Aquarius attributable50%), and extend mine life by 10 years.As a result of the regulatory approvals now in place, notably, theunconditional approval of the South African Competition Commission Tribunal,the South African Department of Minerals and Energy and the South AfricanRevenue Services, the P&SA2 will now go to relevant company Boards of Directorsfor final approval. Implementation of the P&SA2 is anticipated within weeks.For further information please contact:In Australia: Willi Boehm Aquarius Platinum Corporate Services Pty Ltd +61 8 9367 5211 In United Kingdom: Alex Buck Nick Bias Buck Bias Ltd BuckBias Ltd +44 7932 740 452 + 44 7887 920 530 In South Africa: Charmane Russell Stuart Murray Russell & Associates Aquarius Platinum (South Africa) (Pty) +27 11 880 3924 Ltd +27 11 455 2050 or visit: www.aquariusplatinum.com ENDAQUARIUS PLATINUM LIMITED

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