Eastern Platinum Limited

Eastern Platinum Limited

March 16, 2010 19:27 ET

Eastplats to Be Added to the S&P/TSX Global Mining Index

VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 16, 2010) - Mr. Ian Rozier, President and CEO of Eastern Platinum Limited ("Eastplats") (TSX:ELR)(AIM:ELR)(JSE:EPS) is pleased to report that Standard and Poor's Canadian Index Operations will be including Eastplats in the S&P/TSX Global Mining Index at market open on Monday, March 22, 2010.

"We are pleased to return to the S&P/TSX Global Mining Index which is an important benchmark on the Toronto Stock Exchange. This recognizes the value of the Company's assets and will reinforce our access to the index-based investment community and further enhance our shareholder base," said Ian Rozier.

2009 fourth quarter and year-end results

Eastplats is scheduled to release its 2009 fourth quarter and year-end results on Wednesday, March 31, 2010 and to host a telephone conference call on the same day at 10:00 a.m. Pacific (1:00 p.m. Eastern) to discuss these results. The conference call may be accessed by dialing 1-800-319-4610 in Canada and the United States, or 1-604-638-5340 internationally.

The conference call will be archived for later playback until Wednesday, April 7, 2010 and can be accessed by dialing 604-638-9010 or 1-800-319-6413 and using the pass code 4219 followed by the number sign.

Total shares issued and outstanding: 681,313,264

Certain statements included herein constitute "forward-looking statements" within the meaning of applicable Canadian securities legislation. These forward-looking statements are based on certain assumptions by Eastplats and as such are not a guarantee of future performance. Actual results could differ materially from those expressed or implied in such forward-looking statements due to factors such as general economic and market conditions, increased costs of production and a decline in metal prices. Eastplats is under no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable laws.

S&P TSX Composite Index

No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.

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