2007

Tailings Retreatment Plant Commissioned at Crocodile River Mine

July 4, 2007
Mr. Ian Rozier, President and CEO of Eastern Platinum Limited ("Eastplats") is pleased to report that a new tailings recovery plant has recently been commissioned at Eastplats' Crocodile River Mine ("CRM"). The plant, which is based on technology used by some of the major platinum producers, has proved to be highly efficient and cost effective.

The Tailings Retreatment plant has been implemented at a total cost of $2.28 million and is expected to contribute 5,000 ounces of platinum group metals ("PGM") to annual production at a cost of $150/ounce, recovering PGM from low grade tailings which historically have been deposited on the tailings dam.

"We are very pleased with the new plant which will contribute to improving levels of efficiency and reducing unit operating costs", stated Ian Rozier. "The plant is just one more facet of our overall development plan to improve efficiencies and increase production at CRM."

Photographs showing the plant under construction and operation are available on the Company's website.

Total shares issued and outstanding: 667,778,194


For further information contact:

Investor Relations
Website: www.eastplats.com
Email: info@eastplats.com
#501-837 West Hastings Street,
Vancouver, BC, Canada, V6C 3N6
Tel: (604) 685-6851, Fax: (604) 685-6493

NOMAD: Canaccord Adams Limited, London
Email: Robin.Birchall@canaccordadams.com
Clayton.Bush@canaccordadams.com
Tel: +44 20 7050 6752

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 Barplats 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