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EPS - Eastern Platinum - Grant Of Incentive Stock Options

Release Date: 03/03/2008 11:40
Code(s): EPS
Wrap Text

EPS - Eastern Platinum - Grant Of Incentive Stock Options 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 GRANT OF INCENTIVE STOCK OPTIONS Eastern Platinum Limited (the "Company") reports that on February 19, 2008, in accordance with the Company`s Stock Option Plan (the "Option Plan") and the policies of the Toronto Stock Exchange (the "TSX") it granted Incentive Stock Options on 1,000,000 shares of the Company`s capital stock, exercisable up to February 20, 2018 at a price of $3.38 per share. The exercise price of these options was set at market price as defined by TSX policy. These options were granted to employees and officers of the Company, including Director Dr. Robert Gayton, who was granted 400,000 options. Total shares issued and outstanding: 669,807,027. 3 March 2008 For further information contact: Investor Relations Website: www.eastplats.com Email: info@eastplats.com Tel: (604) 685-6851, Fax: (604) 685-6493 NOMAD: Canaccord Adams Limited London +44 20 7050 6500 Email: Ryan.Gaffney@canaccordadams.com Email: Clayton.Bush@canaccordadams.com OR JSE Sponsor: PSG Capital (Pty) Limited, South Africa +27 21 887 9602 Email: anjem@psgcapital.com Date: 03/03/2008 11:40:26 Supplied by www.sharenet.co.za 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.

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