Issue of Equity

JBL - FURTHER ISSUE OF SHARES RE PREFERENCE SHARE SUBSCRIPTION AND SALE AGREEMENT WITH K-PLATS AGREEMENT

JUBILEE PLATINUM PLC

AIM: JLP

JSE:JBL

Registration number :4459850

ISIN GB0031852169

("Jubilee" or "the company")

FURTHER ISSUE OF SHARES RE PREFERENCE SHARE SUBSCRIPTION AND SALE AGREEMENT WITH K-PLATS AGREEMENT

The Company advises that application has been made to the London Stock Exchange and the JSE Limited for a total of 850,798 new ordinary shares of 1p each in Jubilee to be issued and admitted to trading on AIM on 17 August 2010.

These shares are being admitted to trading in relation to a preference share subscription and sale agreement between Jubilee and K-Plats (Proprietary) Limited, as announced on 31 July 2009.

The new shares have been allotted and issued and will rank pari passu in all respects with the existing ordinary shares of the Company.

Following admission to trading of the above new shares, the total of Jubilee ordinary shares of 1p each in issue will be 255,314,088.

For further information please contact:

Colin Bird/Leon Coetzer

Jubilee Platinum plc

Tel + 27 83 455 7749 Tel +44 (0) 20 7584 2155

Andrew Sarosi

Jubilee Platinum plc

Tel +44 (0) 1752 221937

Matthew Robinson/Rose Herbert

finnCap Ltd

Tel +44 (0) 20 7600 1658

Leonard Eiser /Sharon Owens

Sasfin Capital

Tel +27 (0) 11 809 7500

Michael Kinirons/Nick Rome

Bishopsgate Communications Ltd

Tel +44 (0) 20 7562 3350

11 August 2010