Exercise of Warrants

Registration number (4459850)

AltX share code: JBL

AIM share code: JLP

ISIN: GB0031852162

18 August 2015

Jubilee Platinum PLC

("Jubilee" or the "Company")

Exercise of Warrants

Jubilee, the AIM-quoted and AltX-listed Mine-to-Metals specialist, announces that 10 million warrants in the issued share capital of Jubilee ("the Shares") were exercised at an average exercise price of 2.625p (ZAR 52.50c) per share calculating to a cash value of GBP 262,500 (ZAR 5.25 million).

The Shares are expected to be admitted to trading on AIM and listed on the AltX of the JSE Limited on or about 24 August 2015 and will rank pari passu with the ordinary shares of the Company in issue.

Total voting rights

The Company's total issued capital, after the issue of the Shares, will be 876,148,068 ordinary shares. As the Company does not hold any shares in Treasury, this figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company following Admission.

Contacts

Jubilee Platinum plc

Colin Bird/Leon Coetzer

Tel +44 (0) 20 7584 2155 / Tel +27 (0) 11 465 1913

Andrew Sarosi

Tel +44 (0) 1752 221937

Nominated Adviser

SPARK Advisory Partners Limited

Sean Wyndham-Quin

Mark Brady

Tel: +44 (0)203 368 3555

Broker

Beaufort Securities Limited

Jon Belliss

Tel +44 (0) 20 7382 8416

JSE Sponsor

Sasfin Capital, a division of Sasfin Bank Limited Sharon Owens

Tel +27 (0) 11 809 7500