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EPS - Eastern Platinum Limited - Managing director of Barplats resigns EASTERN PLATINUM LIMITED (Incorporated in Canada) (Canadian Registration number BC0722783) (South African Registration number 2007/006318/10) Share Code TSX: ELR ISIN: CA 2768551038 Share Code AIM: ELR ISIN: CA 2768551038 Share Code JSE: EPS ISIN: CA 2768551038 October 25, 2011 Trading Symbol: ELR (TSX & AIM) EPS (JSE) NEWS RELEASE MANAGING DIRECTOR OF BARPLATS RESIGNS Mr Ian Rozier, President and CEO of Eastern Platinum Limited ("Eastplats" or the "Company") reports that the Company has accepted the resignation of Wayne Robinson as Managing Director of Barplats Mines, the Company`s operating subsidiary in South Africa. Wayne has been managing the Eastplats operations in South Africa since 2006 and with the support of senior and executive management of the company, has contributed to the successful operational turnaround of the Crocodile River Mine and an improved safety record. Wayne has indicated that he will be pursuing new business interests. The Company acknowledges his efforts over the last 5 years and wishes him good fortune in his future endeavours. The Company has commissioned a search for a replacement for the group`s operations in South Africa. Total shares issued and outstanding: 908,187,807 For further information contact: Investor Relations Website: www.eastplats.com Email: info@eastplats.com Tel: +1-(604)-685-6851, Fax: +1-(604)-685-6493 NOMAD: Bhavesh Patel Canaccord Genuity Limited, London Tel: +44 20 7050 6500 JSE SPONSOR: Johan Fourie PSG Capital (Pty) Limited Email: johanf@psgcapital.com Tel: +27 21 887 9602 No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. Cautionary Statement on Forward-Looking Information Certain statements included herein constitute "forward-looking statements" within the meaning of applicable Canadian securities legislation. These forward- looking statements are based on certain assumptions by Eastplats and therefore, readers are cautioned that forward-looking statements are not a guarantee of future performance. There can be no assurance that such statements will prove to be accurate and actual results could differ materially from those expressed or implied in such forward-looking statements due to factors such as general economic and market conditions, changes in government legislation, controls, regulations and political developments. The Company disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except to the extent required by applicable laws. Date: 25/10/2011 15:19:02 Supplied by www.sharenet.co.za Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.
