AQUARIUS PLATINUM LIMITED

ASX, LSE & JSE

5 October 2009

Issue of New Securities

Aquarius has issued 16,363 new fully paid common shares to former employees of
Ridge Mining Limited (Ridge) following the transfer of 45,000 Ridge shares to
Aquarius on the basis of 1 Aquarius share for every 2.75 Ridge Share.

The Ridge shares arose as a result of the exercise of Ridge options that 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 total number of shares on issue is 461,664,324.

For further information please visit www.aquariusplatinum.com or contact:

In Australia:                                
                                             
Willi Boehm                                  
                                             
Aquarius Platinum Corporate Services         
                                             
+61 8 9367 5211                              
                                             
In the United Kingdom:                       
                                             
Stuart Murray                                
                                             
+27 (0) 11 656 1140                          
                                             
In South Africa:                             
                                             
Charmane Russell                             
                                             
+27 (0) 880 3924                             

REGISTERED OFFICE

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

Email: info@aquariusplatinum.com

Telephone: +61 8 9367 5211