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Mon 3 Mar 2008, 11:40 EPS - Eastern Platinum - Grant Of Incentive Stock
EPS
 EPS                                                                             
EPS - Eastern Platinum - Grant Of Incentive Stock Options                       
EASTERN PLATINUM LIMITED                                                        
(Incorporated in Canada)                                                        
(Canadian Registration number BC0722783)                                        
(South African Registration number 2007/006318/10)                              
Share Code TSX: ELR ISIN: CA 2768551038                                         
Share Code AIM: ELR ISIN: CA 2768551038                                         
Share Code JSE: EPS ISIN: CA 2768551038                                         
GRANT OF INCENTIVE STOCK OPTIONS                                                
Eastern Platinum Limited (the "Company") reports that on February 19, 2008, in  
accordance with the Company`s Stock Option Plan (the "Option Plan") and the     
policies of the Toronto Stock Exchange (the "TSX") it granted Incentive Stock   
Options on 1,000,000 shares of the Company`s capital stock, exercisable up to   
February 20, 2018 at a price of $3.38 per share.  The exercise price of these   
options was set at market price as defined by TSX policy.                       
These options were granted to employees and officers of the Company, including  
Director Dr. Robert Gayton, who was granted 400,000 options.                    
Total shares issued and outstanding: 669,807,027.                               
3 March 2008                                                                    
For further information contact:                                                
Investor Relations                                                              
Website: www.eastplats.com                                                      
Email: info@eastplats.com                                                       
Tel: (604) 685-6851, Fax: (604) 685-6493                                        
NOMAD:                                                                          
Canaccord Adams Limited                                                         
London                                                                          
+44 20 7050 6500                                                                
Email: Ryan.Gaffney@canaccordadams.com                                          
Email: Clayton.Bush@canaccordadams.com                                          
OR                                                                              
JSE Sponsor:                                                                    
PSG Capital (Pty) Limited, South Africa                                         
+27 21 887 9602                                                                 
Email: anjem@psgcapital.com                                                     
Date: 03/03/2008 11:40:26 Produced by the JSE SENS Department.                  
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