AQUARIUS PLATINUM LIMITED                           

30 November 2009

                            Issue of New Securities                            

Aquarius Platinum Limited wishes to advise that the Company has issued 196,772
common shares upon exercise of:

 i. 62,851 common shares issued pursuant to the exercise of 62,851 unlisted
    Options from Aquarius' Employee Option Scheme.
   
ii. 133,921 common shares upon exercise of 368,285 unlisted Ridge Mining
    options held by Ridge employees on the basis of 1 Aquarius share for every
    2.75 Ridge share pursuant to the scheme of arrangement that was announced
    to the ASX on 26 May 2009.
   
The total number of shares on issue is 462,291,686.

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: Clarendon House, 2 Church Street, Hamilton HMCX, Bermuda

Email: info@aquariusplatinum.com

Tel: + 61 8 9367 5211