Schedule 11 - Notification of interests of Directors and Connected Persons

    1          Name of Company:

    Aquarius Platinum Limited

    2          Name of director:

                Kofi Morna

    3          Please state whether notification indicates that it is in respect of
    holding of the director named in 2 above or holding of that person's spouse or
    children under the age of 18 or in respect of a non-beneficial interest:

    Direct

    4          Name of registered holder(s) and, if more then one holder, the
    number of shares held by each of them (if notified):

                Kofi Morna

    5          Please state whether notification relates to a person (s) connected
    with the director named in 2 above and identify the connected person (s)

    N/A

    6          Please state the nature of the transaction. For PEP Transactions
    please indicate whether general/single co PRP and if discretionary/non
    discretionary:

                Shares issued in lieu of Directors Fees in accordance with the
    Company's Directors and Employee's Share Plan as approved by Shareholders on 29
    November 2013.

    7          Number of shares/amount of stock acquired:

                33,703 shares

    8          Percentage of issued class:

                0.002%

    9          Number of shares/amount of stock disposed:

                Nil

    10        Percentage of issued class:

                N/A

    11        Class of security:

                Ordinary Shares

    12        Price per Share:

                US$0.1669

    13        Date of transaction:

    6 January 2016

    14        Date company informed:

    6 January 2016

    15        Total holding following this notification:

    238,045 (direct)

    13,527,388 (indirect)

    16        Total percentage holding of issued class following this notification:

    0.91%

    Questions 17 through to 22 are not applicable to this notification.

    23 Contact name for queries:

    Mr Willi Boehm

    24 Contact telephone number:

                +618 9367 5211

    25 Name of company official responsible for making notification:

    Mr Willi Boehm