Eastern Platinum Limited ("Eastplats" or the “Company”) received notification on 2 May 2012 by

T. Rowe Price Associates, Inc. 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

Full name of person(s) subject to the notification obligations: T. Rowe Price

Associates, Inc.

Date of Transaction: 30 April 2012

Threshold crossed or reached 10.09%

A: Voting Rights attached to shares

Situation previous to the triggering transaction:

Number of Shares (Direct and Indirect and Financial Instruments): 93,685,710

Number of Voting Rights (Direct and Indirect and Financial Instruments): 93,685,710

Resulting situation after the triggering transaction:

Number of Shares (Direct and Indirect): 93,685,710

Number of Voting Rights (Direct): 93,685,710

Number of Voting Rights (Indirect): N/A

Percentage of Voting Rights (Direct): 10.09%

Percentage of Voting Rights (Indirect): N/A

B: Qualifying Financial Instruments N/A

C: Financial Instruments with similar economic effect to B

Contract for Difference N/A

Percentage of voting rights N/A

Total (A+B+C)

Number of Voting Rights: 93,685,710

Percentage of Voting Rights: 10.09%

Total shares issued and outstanding: 928,187,807

Investor Relations

Website: www.eastplats.com

Email: info@eastplats.com

Tel: 1-(604)-685-6851, Fax: 1-(604)-685-6493

Rob Collins

Canaccord Genuity Limited, London

Tel: +44 (0) 207 523 8000

Johan Fourie

PSG Capital (Pty) Limited

Email: johanf@psgcapital.com

Tel: +27 21 887 9602