We show that the peculiar early optical and in particular X-ray afterglow emission of the short duration burst GRB 130603B can be explained by continuous energy injection into the blastwave from a supra-massive magnetar central engine. The observed energetics and temporal/spectral properties of the late infrared bump (i.e., the "kilonova") are also found consistent with emission from the ejecta launched during an NS-NS merger and powered by a magnetar central engine. The isotropic-equivalent kinetic energies of both the GRB blastwave and the kilonova are about $E_{\rm k}∼ 10^{51}$ erg, consistent with being powered by a near-isotropic magnetar wind. However, this relatively small value demands that most of the initial rotational energy of the magnetar $(∼ {\rm a~ few \times 10^{52}~ erg})$ is carried away by gravitational wave radiation. Our results suggest that (i) the progenitor of GRB 130603B would be a NS-NS binary system, whose merger product would be a supra-massive neutron star that lasted for about $∼ 1000$ seconds; (ii) the equation-of-state of nuclear matter would be stiff enough to allow survival of a long-lived supra-massive neutron star, so that it is promising to detect bright electromagnetic counterparts of gravitational wave triggers without short GRB associations in the upcoming Advanced LIGO/Virgo era. ; Comment: Five pages including 1 Figure, to appear in ApJL