BAU - Bauba Platinum Limited - Successful conclusion of the reinstatement

BAU - Bauba Platinum Limited - Successful conclusion of the reinstatement       
agreement                                                                       
BAUBA PLATINUM LIMITED                                                          
(formerly Absolute Holdings Limited)                                            
(Incorporated in the Republic of South Africa)                                  
(Registration number 1986/004649/06)                                            
Share code: BAU    ISIN No: ZAE000145686                                        
("Bauba" or "the Company")                                                      
SUCCESSFUL CONCLUSION OF THE REINSTATEMENT AGREEMENT                            
Bauba refers shareholders to its announcement dated 22 March 2011 and is        
pleased to inform that all conditions precedent to the Reinstatement Agreement  
have been fulfilled and as such the Reinstatement Agreement has become          
unconditional in accordance with the terms contained therein and that the       
Asset for Shares Agreement has consequently been reinstated.                    
Further to the announcement on the 22 March 2011 Bauba confirms Dr. M Phosa`s   
appointment as a non-executive director with immediate effect.                  
By order of the Board                                                           
Johannesburg                                                                    
28 March 2011                                                                   
Sponsor                                                                         
Arcay Moela Sponsors (Proprietary) Limited                                      
Date: 28/03/2011 16:50:01 Supplied by www.sharenet.co.za                     
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