FOR:  EASTERN PLATINUM LIMITED

TSX, AIM SYMBOL:  ELR
JSE SYMBOL:  EPS

January 20, 2010

Eastern Platinum Limited: Holdings in Company

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 20, 2010) - Eastern Platinum Limited
(TSX:ELR)(AIM:ELR)(JSE:EPS) ("Eastplats" or the "Company") was notified on 13 January 2010 by the
AEGON UK Group of Companies of the following interests in the ordinary share capital of Eastplats.

Reason for notification - An acquisition or disposal of instruments with similar economic effect to
qualifying financial instruments

/T/

Full name of person(s) subject to the
 notification obligations:                       AEGON UK Group of Companies
Date of Transaction:                             11 January 2010
Threshold crossed or reached                     6%

A: Voting Rights attached to shares
Situation previous to the triggering
 transaction:
Number of Shares:                                40,921,454
Number of Voting Rights:                         40,921,454

Resulting situation after the triggering
 transaction:
Number of Shares:                                37,852,345
Number of Voting Rights (Direct):                34,728,353
Number of Voting Rights (Indirect):              3,123,992

Percentage of Voting Rights (Direct):            5.10%
Percentage of Voting Rights (Indirect):          0.46%

Total (A+B)
Number of Voting Rights:                         37,852,345
Percentage of Voting Rights:                     5.56%

/T/

Total shares issued and outstanding: 680,957,425

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FOR FURTHER INFORMATION PLEASE CONTACT:

Eastern Platinum Limited
Investor Relations
1-(604)-685-6851
1-(604)-685-6493 (FAX)
info@eastplats.com
www.eastplats.com

OR

NOMAD: Canaccord Adams Limited, London
+44 20 7050 6500
Ryan.Gaffney@canaccordadams.com

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Eastern Platinum Limited