REG-Aquarius Platinum: Issue of New Securities

AQUARIUS PLATINUM LIMITED

ASX, LSE & JSE

27 August 2009

Issue of New Securities to Zijin Mining Group Company Limited

Aquarius Platinum Limited ("Aquarius" or the "Company") is pleased to recognise
the support of Ridge Mining Limited ("Ridge") warrant holder Zijin Mining Group
Company, Limited ("Zijin"). Zijin has exercised 7,000,000 Ridge warrants. As
disclosed in the recent prospectus of Aquarius, these warrants were in
existence prior to the scheme of arrangement between Ridge and its shareholders
relating to the all share acquisition by Aquarius of Ridge.

The proceeds of the warrant exercise amounting to GBP4.9 million have been
received by the company.

Pursuant to the transfer to Aquarius by Zijin of these 7 million common shares
in Ridge, Aquarius will issue 2,545,454 new fully paid common shares in
Aquarius to Zijin's wholly-owned subsidiary Gold Mountains (H.K.) International
Mining Co., Limited on the basis of 1 Aquarius share for every 2.75 Ridge
shares.

The issued capital of Aquarius following allotment of the shares will be
451,702,412.

For further information please contact:

In Australia:

Willi Boehm
+61 (0) 8 9367 5211

In the United Kingdom:

Stuart Murray

+ 27 (0) 11 656 1140

In South Africa:

Charmane Russell

+27 (0) 11 880 3924

REGISTERED OFFICE

Aquarius Platinum Limited ● Clarendon House ● 2 Church Street ● Hamilton HMCX
Bermuda

Email: info@aquariusplatinum.com

Telephone: +61 8 9367 5211

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