Eastern Platinum Limited

Eastern Platinum Limited

February 25, 2008 05:00 ET

Robert J. Gayton Appointed as Director of Eastplats

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 25, 2008) - Mr. Ian Rozier, President and CEO of Eastern Platinum Limited (TSX:ELR)(AIM:ELR)(JSE:EPS) ("Eastplats" or the "Company"), is pleased to announce the appointment of Dr. Robert J. Gayton as a director of Eastplats.

Dr. Gayton, 68, has a B. Comm. from the University of BC (1962) and a Ph.D. in Business from the University of California, Berkeley (1973). He is a Fellow of the Institute of Chartered Accountants of Ontario (1979) and a Fellow of the Institute of Chartered Accountants of BC (1994). He formerly served on the boards of Bema Gold, Western Silver Corporation and Northern Orion Resources Inc. He also acted as V.P. Finance for numerous other companies in the resource sector including Noramco Mining, Prime Resources and Western Silver. Currently, Dr. Gayton holds directorships in Intrinsyc Software Inc., Amerigo Resources Ltd. and Nevsun Resources Ltd. At Eastplats Dr. Gayton will act as Chairman of the Audit Committee and member of the Corporate Governance Committee. His qualifications and experience, gained from a very successful career with Canadian public companies, will be of enormous benefit to the Company going forward.

The Company also wishes to report that Mr. Johannes 'Danie' Spies has now assumed his duties as General Manager at the Crocodile River Mine (see news release dated December 6th, 2007) and leads a growing team of mine, process and planning personnel at the operation where several mine expansions and new projects are underway.

"Eastplats has grown fast and will continue to do so both through development of the very large resource base in our existing projects as well as by acquisitions," stated Ian Rozier.

"This growth has been accomplished through the combination of an excellent management, operating and development teams in South Africa and Canada. The recent appointments further underpin the aggressive growth plan of the Company going forward," he stated.

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