AQUARIUS PLATINUM LIMITED - Zimbabwe Royalty Update

Zimbabwe Royalty Update

         Aquarius Platinum Limited                       
        (Incorporated in Bermuda)                                                         
        Registration Number: EC26290                                                      
        ISIN Code: BMG0440M1284   
        JSE Share Code: AQP    
        
        Zimbabwe Royalty Update 
         
        As previously announced, in 2013 the Government of Zimbabwe proposed an export tax on 
        unrefined platinum, with a view to encouraging platinum mining companies to invest in smelting 
        and refining capacity in Zimbabwe.  This export tax, at a rate of 15 percent of revenue, was deferred 
        to take effect from 1 January 2015.  In the 2015 National Budget statement made in December 
        2014, the Minister of Finance announced that the Government had deferred the export tax on un-
        beneficiated platinum until 1 January 2017.  However, the 2015 Finance Bill, which was gazetted on 
        9 January 2015, does not provide for the deferral of the tax.   The platinum mining companies, 
        represented by the Chamber of Mines, are in the process of engagement with the Government of 
        Zimbabwe to resolve the matter. Aquarius and Mimosa are hopeful that the matter will be resolved 
        and remains committed to building good working relations with the Government of Zimbabwe. 
         
        For further information please contact: 
                                                                            
        In Australia: 
                                                                   
        Willi Boehm 
        Aquarius Platinum Corporate Services Pty Ltd  
        +61 8 9367 5211 
         
        In South Africa:                                                     
        Jean Nel                                                             
        Aquarius Platinum (South Africa) (Pty) Ltd 
        +27 12 001 2001 
         
        or visit: www.aquariusplatinum.com 
         
        30 January 2015 
         
        Sponsor                                                                       
        RAND MERCHANT BANK (A division of FirstRand Bank Limited)                        
         




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