FOR:  EASTERN PLATINUM LIMITED

TSX, AIM SYMBOL:  ELR

March 14, 2007

Eastern Platinum Limited: TSX Approves Share Issuance

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - March 14, 2007) - Further to its news release of March 6, 2007,
Eastern Platinum Limited (the "Company") (TSX:ELR)(AIM:ELR) announces that it has received TSX acceptance to
the issuance of the 12,000,000 common shares to Rhodium Reef Royalties as partial consideration for the
purchase of a 1% net smelter royalty on its Spitzkop PGM project. The Company is proceeding to close this
purchase and has made application for the 12,000,000 shares to be admitted to trading on AIM, expected to occur
on or around March 19, 2007.

As a result of the issuance of these shares the Company has a total of 529,124,321 common shares issued and
outstanding.


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FOR FURTHER INFORMATION PLEASE CONTACT:

Eastern Platinum Limited
Mr. Ian Rozier, M.Sc., P.Eng.
President & CEO
(604) 685-6851
(604) 685-6493 (FAX)
Email: info@eastplats.com
Website: www.eastplats.com

OR

NOMAD: Canaccord Adams Limited, London
Email: Robin.Birchall@canaccordadams.com

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Eastern Platinum Limited
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