Eastplats Announces Appointment Of Interim Chief Financial Officer EASTERN PLATINUM LIMITED (Incorporated in Canada) (Canadian Registration number BC0722783) (South African Registration number 2007/006318/10) Share Code TSX: ELR ISIN: CA2768555096 Share Code JSE: EPS ISIN: CA2768555096 Eastplats Announces Appointment of Interim Chief Financial Officer VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 07/15/16 Eastern Platinum Limited ("Eastplats" or the "Company") (TSX: ELR)(JSE: EPS) announces that David Li will assume the duties of Interim Chief Financial Officer of the Company. Mr. Li has over 20 years of international mining and financial management experience and holds an MBA from Thunderbird School of Global Management in Arizona, U.S. and an active CPA License in Illinois, U.S. Mr. Li is also Vice President of Asia Pacific with Alderon Iron Ore Corp. Mr. Li has an extensive accounting background, having previously served as Chief Financial Officer of Minco Silver Corporation, Minco Gold Corporation and Minco Base Metals Corporation as well as Chief Financial Officer of Selwyn Chihong Mining Ltd. and Asia Controller for Eclipse Inc. In these previous roles Mr. Li was responsible for all aspects of accounting,corporate development, project financing, financial reporting and internal control frameworks. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. Contacts: Eastern Platinum Limited Peter M. Clausi Interim CEO 1 416 890 1232 1 647 345 3146 pclausi@cogeco.ca JSE Sponsor: PSG Capital Proprietary Limited 15 July 2016 Date: 11/08/2016 09:39:00 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.