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FOR:  EASTERN PLATINUM LIMITED

TSX, AIM SYMBOL:  ELR
JSE SYMBOL:  EPS

July 2, 2009

Eastern Platinum Limited: AIM Block Admission Return

VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 2, 2009) - Eastern Platinum Limited (the "Company")
(TSX:ELR)(AIM:ELR)(JSE:EPS) -

The Company announces the block admission return for the period from 8 December 2008 to 30 June 2009.

/T/

                                                                     Common
                  Common     Common             Common               shares
                  shares      share  Common     shares             issuable
                issuable   options/  shares   expired/                under
                   under   warrants  issued  cancelled               scheme
Name        scheme as at     issued  during     during                as at
of            8 December     during     the        the  Exercise    30 June
Scheme              2008 the period  period     period     price       2009
---------------------------------------------------------------------------
Director
 and
 Employee
 Stock
 Option
 Incentive                                                 0.32/
 Plan                                                 1.70/1.82/
              46,390,000 18,436,000  30,948  4,570,052 2.31/3.38 60,225,000

Warrants      58,485,996          0       0 58,485,996      1.80          0

---------------------------------------------------------------------------
             104,875,996 18,436,000  30,948 63,056,048           60,225,000

/T/

As at the date of this announcement, the Company has 680,557,369 common shares of no par value in
issue.

As at 8 December 2008, the Company had an issued share capital of 680,526,421 common shares of no par
value, none of which are held in treasury. As at 14 July 2006, the date of the Company's readmission
to AIM, the Company had 513,228,821 common shares of no par value admitted to trading on AIM.

-30-

FOR FURTHER INFORMATION PLEASE CONTACT:

Eastern Platinum Limited
Caroline Cook
(604) 689-9663

OR

Canaccord Adams Limited
Ryan Gaffney
44 (0)20 7050 6500
info@eastplats.com
www.eastplats.com


-0-

Eastern Platinum Limited