Redemption of Convertible Bonds

AQUARIUS PLATINUM LIMITED - Redemption of Convertible Bonds

PR Newswire

London, December 21

AQUARIUS PLATINUM LIMITED

ASX, LSE & JSE

21 December 2015

AQUARIUS REDEEMS OUTSTANDING CONVERTIBLE BONDS

Aquarius Platinum Limited (Company) refers to the USD300 million 4% Convertible Bonds due December 2015 which it issued in December 2009 (Convertible Bonds). As previously announced, the Company repurchased Convertible Bonds with a face value of USD172.6 million in May 2014.

The Company now announces that it has today redeemed all of the outstanding Convertible Bonds, in accordance with their terms. The Convertible Bonds were redeemed at their principal amount outstanding of $125.4 million.

For further information please contact:

In South Africa:

Jean Nel

Aquarius Platinum (South Africa) (Pty) Ltd

+27 (0) 10 001 2848

In Australia:

Willi Boehm

Aquarius Platinum Corporate Services Pty Ltd

+61 (0) 8 9367 5211

or visit: www.aquariusplatinum.com

REGISTERED OFFICE

Aquarius Platinum Limited ? Clarendon House ? 2 Church Street ? Hamilton HMCX Bermuda

Email: info@aquariusplatinum.com

Telephone: +61 8 9367 5211