AQP - Aquarius Platinum Limited - Media comment in respect of Zimbabwean

AQP - Aquarius Platinum Limited - Media comment in respect of Zimbabwean        
Indigenisation                                                                  
Aquarius Platinum Limited                                                       
(Incorporated in Bermuda)                                                       
Registration Number: EC26290                                                    
Share Code JSE: AQP                                                             
ISIN Code: BMG0440M1284                                                         
("Aquarius Platinum")                                                           
MEDIA COMMENT IN RESPECT OF ZIMBABWEAN INDIGENISATION                           
Aquarius Platinum confirms recent media comment to the effect that its          
(indirectly held) Zimbabwean subsidiary, Mimosa Holdings (Pvt) Ltd              
("Mimosa"), received a letter on Friday, 19 August 2011 from the Minister       
of Youth Development, Indigenisation and Empowerment that, inter alia,          
rejects the proposed plan for indigenisation submitted by Mimosa on Monday,     
9 May 2011, and further requires that Mimosa submit a revised proposal by       
the end of August.                                                              
Mimosa`s senior management remains in discussions with all of the various       
relevant Zimbabwean authorities in order to ensure that a satisfactory          
position is arrived at within the timeframes required by the relevant           
legislation. Further disclosures to shareholders will be made as                
information in respect of this process becomes available.                       
For further information please contact:                                         
In the United Kingdom                                                           
Gavin Mackay                                                                    
+44 7909 547 042                                                                
In Australia:                   In South Africa:                                
Willi Boehm                     Stuart Murray                                   
Aquarius Platinum Corporate     +27 (0) 11 656 1140                             
Services                                                                        
+61 8 9367 5211                                                                 
22 August 2011                                                                  
Sponsor in South Africa                                                         
RAND MERCHANT BANK (A division of FirstRand Bank Limited)                       
Date: 22/08/2011 08:05:01 Supplied by www.sharenet.co.za                     
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