Schedule 11 - Notification of interests of Directors and Connected Persons

1 Name of Company: Aquarius Platinum Limited 2 Name of director: Zwelakhe Mankazana

3 Please state whether notification indicates that it is in respect of holding of the director named in 2 above or holding of that person's spouse or children under the age of 18 or in respect of a non-beneficial interest:

non beneficial interest

4 Name of registered holder(s) and, if more then one holder, the number of shares held by each of them (if notified):

Savannah Resources Limited

5 Please state whether notification relates to a person (s) connected with the director named in 2 above and identify the connected person (s)

Notification is with respect to a company in which Mr Mankazana is a director and has a 25% equity interest in Savannah Resources Limited.

6 Please state the nature of the transaction. For PEP Transactions please indicate whether general/single co PRP and if discretionary/non discretionary:

Savannah Resources has transferred fifteen million shares (15 million) to its funders, Rand Merchant Bank in partial satisfaction of amounts owing under its existing financing arrangements.

7 Number of shares/amount of stock acquired:

Nil 8 Percentage of issued class: N/a

9 Number of shares/amount of stock disposed:

15,000,000

10 Percentage of issued class:

3.19% 11 Class of security: Common Shares 12 Price per Share: N/A 13 Date of transaction: 28 June 2012 14 Date company informed: 28 June 2012

15 Total holding following this notification:

19,004,767

16 Total percentage holding of issued class following this notification:

4.04%

Questions 17 through to 22 are not applicable to this notification.

23 Contact name for queries: Mr Willi Boehm 24 Contact telephone number: +618 9367 5211

25 Name of company official responsible for making notification:

Mr Willi Boehm