Director/PDMR Shareholding

Schedule 11 - Notification of interests of Directors and Connected Persons 1 Name of Company: Aquarius Platinum Limited 2 Name of director: Jean Nel 3 Please state whether notification indicates that it is in respect of holdingof the director named in 2 above or holding of that person's spouse or childrenunder the age of 18 or in respect of a non-beneficial interest: Direct - Jean Nel 4 Name of registered holder(s) and, if more then one holder, the number ofshares held by each of them (if notified): As Above 5 Please state whether notification relates to a person (s) connected with thedirector named in 2 above and identify the connected person (s) Not applicable 6 Please state the nature of the transaction. For PEP Transactions pleaseindicate whether general/single co PRP and if discretionary/non discretionary: 681,000 shares issued in lieu of cash salary and bonuses awarded in accordancewith the Company's Directors and Employee's Share Plan as approved byShareholders on 29 November 2013. 166,667 shares for nil consideration in accordance with the Company's Director/Employee Long Term Share Plan. 7 Number of shares/amount of stock acquired: 847,667 shares 8 Percentage of issued class: 0.17% 9 Number of shares/amount of stock disposed: N/A 10 Percentage of issued class: N/A 11 Class of security: Common Shares 12 Price per Share: 681,000 shares US$0.62 per share 166,667 shares - nil consideration 13 Date of transaction: 12 December 2013 14 Date company informed: 12 December 2013 15 Total holding following this notification: 1,457,637 16 Total percentage holding of issued class following this notification: 0.30% Questions 17 through to 22 are not applicable to this notification. 23 Contact name for queries: Mr Willi Boehm 24 Contact telephone number: +618 9367 5211 25 Name of company official responsible for making notification:

Mr Willi Boehm