Extension of Kroondal PSA Aquarius Platinum Limited (Incorporated in Bermuda) Registration Number: EC26290 Share Code JSE: AQP ISIN Code: BMG0440M1284 Extension of Kroondal PSA Aquarius Platinum Limited (“Aquarius”) advises that its wholly owned subsidiary, Aquarius Platinum (South Africa) (Proprietary) Limited (“AQPSA”) has reached agreement with a wholly owned subsidiary of Anglo American Platinum Limited (“Amplats”) to extend the Kroondal PSA arrangement. The salient terms of the agreement are: - Amplats will contribute - 9.91 Million tons @ 2.38 g/t Proved Ore Reserves and - 6.06 Million tons @ 2.48 g/t Probable Ore Reserves to the Kroondal Mine. Total Ore Reserve - 15.97 Million tons @ 2.42g/t - The reserves are located immediately down-dip of the current Kroondal Mine and will be mined from the existing Kroondal underground mining infrastructure and treatment plants; - In exchange for Amplats contributing the additional reserves AQPSA will: - contribute the use of its infrastructure; - continue to manage the PSA on the existing terms and conditions; - sell AQPSA’s share of concentrate produced from the additional reserves to Amplats as per the existing Off-take agreement; and - pay Amplats a variable royalty with a base rate of R11.50 per ton mined, as and when mined; - The royalty will increase and decrease in line with increases and decreases in the Rand metal price with a cap of R14.95 per ton and floor of R8.05 per ton. The information in this report that relates to Ore Reserves is based on information compiled by CJ Kotze, who is a Member of IMSSA and PLATO which is recognized by SAMREC. Mr. Kotze is employed by AQPSA and has sufficient experience which is relevant to the style of mineralization and type of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2004 Edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves’. Mr. Kotze consents to the inclusion in the report of the matters based on his information in the form and context in which it appears. Following the conclusion of the agreement the Kroondal mine’s life will increase by approximately 3 years from approximately 6.5 years to approximately 9.5 years. For further information please contact: Jean Nel - CEO +270100012848 Willi Boehm – Company Secretary +61893675211 or visit: www.aquariusplatinum.com 25 June 2013 Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 25/06/2013 08:00:00 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.