Eastern Platinum Limited: Best Practice Revisions to the Stock Option Plan and Shareholders Rights Plan

 
TIDMELR 
 
Eastern Platinum Limited: Best Practice Revisions to the Stock Option Plan and Shareholders Rights Plan 
FOR:  EASTERN PLATINUM LIMITED 
 
TSX, AIM SYMBOL:  ELR 
JSE SYMBOL:  EPS 
 
June 6, 2011 
 
Eastern Platinum Limited: Best Practice Revisions to the Stock Option Plan and Shareholders Rights 
Plan 
 
VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 6, 2011) - Eastern Platinum Limited 
(TSX:ELR)(AIM:ELR)(JSE:EPS) - 
 
The Company announces that, following consultation with certain advisory groups on corporate 
governance to take into account current best practices, it has revised the terms of its stock option 
plan (the "Option Plan") and its shareholders rights plan (the "Rights Plan") to be presented to 
shareholders for approval at the Company's June 9, 2011 Annual General Meeting (the "Meeting). 
 
As revised, the Option Plan would limit options granted to any one non-employee director to the lesser 
of an aggregate of 0.4% of the issued and outstanding shares of the Company or options having an 
annual value of $100,000, using the Black Scholes method of valuation. This provision would replace 
that set forth in the Company's information circular dated May 5, 2011 (the "Circular") which proposed 
amendments to the Option Plan that would impose limits on options granted to any one non-employee 
director in the aggregate to a maximum of 0.435% of the issued and outstanding shares of the Company. 
 
All other terms of the Option Plan (as proposed to be amended) as detailed in the Circular remain 
unaltered. A copy of the Option Plan as amended will be made available at the Meeting. 
 
Further, as a result of the consultations, the Company has also made certain non-material amendments 
to its Rights Plan which is to be presented to shareholders for approval at the Meeting and the 
Company has adopted an amended and restated shareholders rights plan (the "Amended Rights Plan") 
reflecting the amendments. 
 
A copy of the Amended Rights Plan is available on SEDAR at www.sedar.com and a copy of the Amended 
Rights Plan, blacklined to show the changes made, will be made available at the Meeting. 
 
Total shares issued and outstanding: 908,187,807 
 
Cautionary Statement on Forward-Looking Information 
 
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 therefore, readers are cautioned that forward-looking statements are not 
a guarantee of future performance. There can be no assurance that such statements will prove to be 
accurate and 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, changes in 
government legislation, controls, regulations and political developments. Specific reference is made 
to the Company's most recent Annual Information Form on file with Canadian provincial securities 
regulatory authorities for a discussion of some of the factors underlying forward-looking statements. 
 
The Company disclaims any intention or obligation to update or revise any forward-looking statements 
whether as a result of new information, future events or otherwise, except to the extent required by 
applicable laws. 
 
S&P TSX Composite Index 
 
 
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FOR FURTHER INFORMATION PLEASE CONTACT: 
 
Eastern Platinum Limited 
Investor Relations 
[phone] 
[phone] (FAX) 
[e-mail] 
www.eastplats.com 
 
OR 
 
NOMAD: Canaccord Genuity Limited, London 
Mark Williams 
[phone] 
[e-mail] 
 
OR 
 
NOMAD: Canaccord Genuity Limited, London 
Ryan Cohen 
[phone] 
[e-mail] 
 
OR 
 
JSE SPONSOR: PSG Capital (Pty) Limited 
Johan Fourie 
[phone] 
[e-mail] 
 
No stock exchange, securities commission or other regulatory authority has approved or disapproved the 
information contained herein. 
 
 
 
 
Eastern Platinum Limited