Eastern Platinum Limited
TSX : ELR
AIM : ELR
JSE : EPS

Eastern Platinum Limited

June 10, 2009 13:58 ET

Zwelakhe Sisulu Appointed as Director of Eastplats

VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 10, 2009) - Mr. Ian Rozier, President and CEO of Eastern Platinum Limited (TSX:ELR)(AIM:ELR)(JSE:EPS) ("Eastplats" or the "Company") is pleased to announce that the Company's shareholders approved all of the resolutions put forward at the Annual General Meeting on June 3, 2009 which included the appointment of Mr. Zwelakhe Sisulu as a director of Eastplats.

Mr. Sisulu, 58, is a former Chairman of New Africa Investments Limited (NAIL) and currently Chairman of Dirleton Minerals and Energy (Pty) Ltd. Mr Sisulu is a prominent businessman involved in South Africa's media, telecoms, agri-business, manufacturing and energy sectors, as well as in the minerals sector through his shareholding in Savannah Resources, which has an approximate 20% shareholding in Aquarius Platinum Limited. Mr. Sisulu also controls Gubevu Consortium Investment, the Company's Black Economic Empowerment ("BEE") partner in Barplats Investments Ltd. which holds the Crocodile River Mine and the Kennedy's Vale Project, and Afriminerals (Proprietary) Limited, the Company's BEE partner in the Spitzkop Project. Mr. Sisulu graduated from the Nieman Fellowship Program for journalism at Harvard University in 1985.

"We are delighted to have Mr. Sisulu joining the board of Eastplats. He brings an outstanding combination of knowledge and experience to the Company and having his expertise on the board will be a great asset to the Company's growth and development going forward," stated Ian Rozier.

Total shares issued and outstanding - 680,557,369

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.

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

Contact Information