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AQUARIUS PLATINUM LIMITED - Mr. Zwelakhe Sisulu

Release Date: 09/10/2012 08:25
Code(s): AQP     PDF:  
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Mr. Zwelakhe Sisulu

Aquarius Platinum Limited
(Incorporated in Bermuda)
Registration Number: EC26290
Share Code JSE: AQP
ISIN Code: BMG0440M1284

MR. ZWELAKHE SISULU

The Board of Aquarius Platinum Limited (AQP) notes with regret the
passing of a former director, Mr. Zwelakhe Sisulu.

Mr. Sisulu, who was 61, was a member of the Board of Aquarius from
February 2005 to February 2007. As chairman of Savannah Resources
(Pty) Ltd, Mr Sisulu was an integral part of the negotiations and
establishment of the BEE consortium which, comprising Savannah
Resources (Pty) Ltd, Chuma Platinum SPV (Pty) Ltd and Malibongwe
Platinum SPV (Pty) Limited), invested R865 million in the Aquarius
group in December 2004. Aquarius was one of the first companies to
achieve full BEE equity status as a result of this.

On behalf of the entire group, the Board of Aquarius extends it
sincere condolences to the family and friends of the late Mr.
Zwelakhe Sisulu.


Nicholas Sibley
Chairman
Aquarius Platinum Limited

9 October 2012

Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

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