AQUARIUS PLATINUM LIMITED

    ASX, LSE & JSE

                                                                    18 January 2016

                            RESULTS - AMALGAMATION MEETING                         

    We advise the following resolution placed before shareholders at the special
    general meeting of Aquarius Platinum Limited on 18 January 2016 was passed.

    Aquarius Platinum Limited announces that the resolution put to the meeting was
    carried by the requisite majority.

    Amalgamation Meeting Results

    Resolution                                           For       Against    Abstain  
                                                                                       
    1          Approve Amalgamation Agreement       1,043,667,162  7,565,769  1,908,042
               and Amalgamation                                                        

    Shareholder approval of the Amalgamation Agreement and the Amalgamation was a
    condition precedent to the transaction between the Company and Sibanye Gold
    Limited proceeding.  The only outstanding regulatory approvals required for the
    transaction to proceed are those of the South African Competition Commission
    and the Competition Tribunal (refer section 1.9 of the Explanatory Memorandum
    of the Meeting Materials for further detail).   Once these competition
    approvals have been obtained, a timetable of events leading up to the date for
    payment of the consideration will be announced to ASX, LSE and JSE and
    published on Aquarius' website at www.aquariusplatinum.com.

    For further information please contact:

    In Australia:                          In South Africa:                    
    Willi Boehm                            Jean Nel                            
    Aquarius Platinum Corporate Services   Aquarius Platinum (South Africa)    
    Pty Ltd                                (Pty) Ltd                           
    +61 8 9367 5211                        +27 (01) 000 12843                  
                                                                               
    or visit: www.aquariusplatinum.com                                         

    REGISTERED OFFICE
    Aquarius Platinum Limited - Clarendon House -2 Church Street - Hamilton HMCX
    Bermuda
    Email: info@aquariusplatinum.com
    Telephone: +61 8 9367 5211