Grant of Stock Options to Directors 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 January 10, 2013 Trading Symbol: ELR (TSX & AIM) EPS (JSE) Eastern Platinum Limited (the “Company”) Grant of Stock Options to Directors The Company announced today that on January 8, 2013, stock options (“options”) were granted to the following members of the Board of Directors: Director Number of Options Strike Price Expiration date Ian Rozier 5,000,000 C$0.19 01/08/2018 John Andrews 3,500,000 C$0.19 01/08/2018 David Cohen 1,400,000 C$0.19 01/08/2018 Gordon Keep 1,000,000 C$0.19 01/08/2018 Merfyn Roberts 1,000,000 C$0.19 01/08/2018 Robert Gayton 1,000,000 C$0.19 01/08/2018 The options are exercisable on or before January 8, 2018 at a strike price of C$0.19 per ordinary share. Total shares issued and outstanding: 928,187,807 For further information contact: Investor Relations Website: www.eastplats.com Email: info@eastplats.com Tel: 1-(604)-685-6851, Fax: 1-(604)-685-6493 NOMAD: Rob Collins Canaccord Genuity Limited, London Tel: +44 (0) 207 523 8000 JSE SPONSOR: Johan Fourie PSG Capital (Pty) Limited Email: johanf@psgcapital.com Tel: +27 21 887 9602 Date: 10/01/2013 05:39:00 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.