Eastern Platinum LimitedTSX: ELR

Standard & Poor's Announces Changes In S&P/TSX Canadian Indices

· Issued by Eastern Platinum Limited via CNW

TORONTO, March 9 /CNW/ - Standard & Poor's Canadian Index Operations announces the following index changes as a result of the Quarterly S&P/TSX Composite Index Review. These changes will be effective at the open on Monday, March 19, 2007:

                       S&P/TSX COMPOSITE INDEX
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                                 ADDS
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                                              Live Composite GICS
Issue Name            Symbol  60/Completion   Sector Index
-------------------------------------------------------------------------
Addax Petroleum       AXC     Completion      Energy
 Corporation
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Anvil Mining          AVM     Completion      Materials, Metals & Mining
 Limited
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Cominar REIT          CUF.UN  Completion      REIT, Real Estate
-------------------------------------------------------------------------
Dundee Wealth         DW      Completion      Financials
 Management Inc.
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Dynatec Corporation   DY      Completion      Materials, Metals & Mining
-------------------------------------------------------------------------
Eastern Platinum      ELR     Completion      Materials, Metals & Mining
 Ltd.
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Fronteer Development  FRG     Completion      Materials, Metals & Mining
 Group Inc.
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North West            NWF.UN   Completion     Consumer Discretionary
 Company Fund
-------------------------------------------------------------------------
Pinetree Capital      PNP      Completion     Financials
 Ltd.
-------------------------------------------------------------------------

Changes to the S&P/TSX Composite Index will also affect the S&P/TSX Capped Composite Index. Stocks added to or removed from the S&P/TSX Composite Index will also be added to or removed from the appropriate Global Industry Classification Standard (GICS) index.

                      S&P/TSX GLOBAL GOLD INDEX
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                                 ADDS
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                Issue Name                     Symbol
                --------------------------------------
                Moto Goldmines Limited         MGL
                --------------------------------------
                Semafo Inc.                    SMF
                --------------------------------------

Company additions to and deletions from an S&P index do not in any way reflect an opinion on the investment merits of the company.

Standard & Poor's, a division of The McGraw-Hill Companies (NYSE:MHP), is the world's foremost provider of independent credit ratings, indices, risk evaluation, investment research and data. With approximately 6,300 employees located in 21 countries, Standard & Poor's is an essential part of the world's financial infrastructure and has played a leading role for more than 140 years in providing investors with the independent benchmarks they need to feel more confident about their investment and financial decisions. For more information, visit www.standardandpoors.com.

Founded in 1888, The McGraw-Hill Companies is a leading global information services provider meeting worldwide needs in the financial services, education and business information markets through leading brands such as Standard & Poor's, BusinessWeek, McGraw-Hill Education and J.D. Power and Associates. The Corporation has more than 290 offices in 38 countries. Sales in 2005 were $6.0 billion. Additional information is available at http://www.mcgraw-hill.com.