Payments to Aquarius Shareholders Aquarius Platinum Limited (Incorporated in Bermuda) Registration Number: EC26290 ISIN Code: BMG0440M1284 JSE Share Code: AQP (“Aquarius” or the “Company”) PAYMENTS TO AQUARIUS SHAREHOLDERS Aquarius Platinum Limited (Aquarius) refers to its announcement of 23 March in relation to the timetable for, and completion of, the transaction with Sibanye Gold Limited (Sibanye). As previously announced, each Aquarius shareholder will receive payment in the currency of the country of the relevant branch register on which such shareholders’ shares are registered (ie Australian dollars, UK pounds sterling or South African rand), converted at the prevailing spot exchange rate on Friday 8 April 2016 (Record Date). Computershare Investor Services (Computershare), Aquarius’ share registrar, has been appointed as the “Paying Agent” in accordance with the terms of the implementation agreement dated 6 October 2015 between Aquarius and Sibanye and is responsible for the conversion of the USD consideration into Australian dollars and UK pounds over the course of the Record Date. The reference point for the conversion of the USD consideration into South African rand will be 5.00pm (Sydney time) on the Record Date. Computershare will then remit the converted amounts to the relevant shareholders in accordance with the previously announced timetable. Aquarius will advise the rate at which the USD consideration was converted into South African rand and the average rates at which the USD consideration was converted into Australian dollars and UK pounds sterling by Tuesday, 12 April 2016. For further information please contact: In Australia: Willi Boehm Aquarius Platinum Corporate Services Pty Ltd +61 (0) 8 9367 5211 In South Africa: Jean Nel Aquarius Platinum (South Africa) (Pty) Ltd +27 (0) 10 001 2848 REGISTERED OFFICE Aquarius Platinum Limited ? Clarendon House ? 2 Church Street ? Hamilton HMCX Bermuda Email: info@aquariusplatinum.com Telephone: +61 8 9367 5211 or visit: www.aquariusplatinum.com 5 April 2016 Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 05/04/2016 07:34:00 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.