Update on Kwezi situation

2 Aug 2012 09:36

AQUARIUS PLATINUM LIMITED 2 August 2012 Situation calms at Kwezi

Aquarius Platinum (SA) (Pty) Limited advises that the situation reported yesterday at Kwezi shaft has calmed following the intervention of the South African Police Services. Following the security incident that occurred yesterday, the shaft's night shift reported and made safe the workings, enabling production to resume this morning.

Mine management continues to liaise with the SAPS, and officials of both the National Union of Mineworkers and the Department of Mineral Resources to assess this situation and action any outcomes from ongoing investigations.

Aquarius condemns any acts of violence on its property and takes very seriously the safety and security of personnel. Lost production from yesterday's incident is estimated at 2,800 tonnes.

Further updates will be provided in due course.

For further information please contact:

In Australia: In South Africa: Willi Boehm James Duncan / Charmane Russell +61 8 9367 5211 + 27 11 880 3924

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

Email: info@aquariusplatinum.com

Telephone: +61 8 9367 5211