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Wed 16 Feb 2005, 17:01 DIVIDEND RATE
AQUARIUS PLATINUM LIMITED - DIVIDEND RATE                                       
Aquarius Platinum Limited                                                       
(Incorporated in Bermuda)                                                       
Registration Number: EC26290                                                    
Share Code JSE: AQP        ISIN Code: BMG0440M1029                              
(`Aquarius Platinum`)                                                           
16 February 2005                                                                
DIVIDEND RATE                                                                   
The Board of Aquarius Platinum has declared an interim dividend for the six     
months ended 31 December 2004 of 3 US cents per share payable on 23 March 2005. 
This will be paid in Rand to South African shareholders, registered as such on  
the South African share register, calculated at the US dollar to Rand exchange  
at the close of business on 15 February 2005, which was R5,9862/US$1 and        
accordingly the dividend payable is R0,17959 per share.                         
Sponsor in South Africa                                                         
Nedbank Capital                                                                 
16 February 2005
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