Directorate Change

6 Nov 2008 09:12

5 November 2008

Appointment of New Director

Aquarius Platinum Limited ("Aquarius") is pleased to announce that Mr Zwelakhe Mankazana has been appointed as a non-executive director, effective immediately.

Mr Mankazana is an executive director of Savannah Resources (Pty) Limited, the lead investor in the Savannah Consortium, Aquarius' BEE investor and partner. He joined the Board of Aquarius Platinum (South Africa) (Pty) Limited in February 2005 and during February 2007 was appointed Alternate Director for Mr Kofi Morna on the Aquarius Board.

Mr Mankazana holds an MSc in Economics from the Patrice Lumumba University of Friendship. In addition to his interests in mining, Mr Mankazana is also a director of several South African companies, including mobile operator 3C Telecommunications (Pty) Limited, and Chairman of S.A. Direct TV Limited. He is also involved in community development as a trustee on several development trusts.

The Aquarius Board will now consist of:

Mr Nicholas Sibley Independent Non-executive Chairman

Mr Stuart Murray Chief Executive Officer

Sir William Purves Senior Independent Non-executive Director

Mr David Dix Independent Non-executive Director

Mr Timothy Freshwater Independent Non-executive Director Mr Edward Haslam Independent Non-executive Director

Mr Zwelakhe Mankazana Non-executive Director

Mr Kofi Morna Non-Executive Director

For further information please contact:

In Australia:Willi Boehm+61 (0)8 9367 5211

In the United Kingdom and South Africa:

Nick Bias+44 (0)7887 920 530nickbias@aquariusplatinum.com 2REGISTERED OFFICE

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

Email: info@aquariusplatinum.com

Telephone: +61 8 9367 5211