AQUARIUS PLATINUM LIMITED 23 May 2012 Mimosa Safety Incident Update

Mimosa (50% owned by Aquarius) wishes to advise that all employees have now been safely evacuated from the mine. No injuries have been reported.

Details concerning the extent of damage and impact on production will be made available in due course.

For further information please contact:

In the United Kingdom: Gavin Mackay +44 7909 547 042 In Australia: In South Africa: Willi Boehm Stuart Murray Aquarius Platinum Corporate Services +27 (0) 11 656 1140

+61 8 9367 5211