News release: No work stop pages at CRM operations 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 August 29, 2012 Trading Symbol: ELR (TSX & AIM) EPS (JSE) NEWS RELEASE NO WORK STOPPAGES AT CRM OPERATIONS Eastern Platinum Limited (“Eastplats” or the “Company”) comments on incorrect news as reported on the BBC World News and other media outlets and since proliferated by analysts and various other industry commentators. The Company confirms that, contrary to these erroneous reports, there have been no work stoppages or strike actions at Eastplats’ Crocodile River Mine (“CRM”) and that mining operations at CRM continue to be unaffected by the recent tragic events that occurred in the PGM mining sector in South Africa. As correctly reported in South Africa’s Business Day (“Violence spreads to Lonmin’s eastern operations” – August 27, 2012 at 13:20), these work stoppages do not refer in any way to Eastplats’ CRM operations. The Company respectfully suggests that commentators validate their sources and confirm such reports with the Company prior to making erroneous statements that might cause disruption to operations or possibly inflame an already volatile situation in South Africa, as well as contribute to misinformation on the market. Total shares issued and outstanding – 928,187,807 For further information, please contact: EASTERN PLATINUM LIMITED Ian Rozier, President & C.E.O. +1-604-685-6851 (tel) +1-604-685-6493 (fax) info@eastplats.com www.eastplats.com NOMAD: Rob Collins Canaccord Genuity Securities Limited, London Tel: +44 (0) 207 523 8000 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. Date: 29/08/2012 02:10:00 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.