Share Buyback Programme Update

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Sylvania Platinum Limited

 ("Sylvania" or "the Company")

 AIM (SLP)

Extended Share Buyback Programme Update

17 January 2018

With reference to the Share Buyback Programme (the "Programme") announced on 21 August 2017 and the extensions thereof announced on 1 November 2017 and 21 December 2017, the Company announces that between 29 December 2017 and 12 January 2018, a total of 57,094 Ordinary $0.01 Shares ("Ordinary Shares") were purchased from non-UK based shareholders at a price of A$0.1619 per Ordinary Share. This brings the total purchased during the course of the Programme to 2,014,400 Ordinary Shares.

Ordinary Shares bought back in accordance with this Programme will be held in treasury to be cancelled.

Following the above transaction, the Company's issued share capital is 291,133,661 Ordinary Shares, of which a total of 4,594,395 Ordinary Shares are held in Treasury. Therefore, the total number of Ordinary Shares with voting rights in Sylvania is 286,539,266 Ordinary Shares.

CORPORATE INFORMATION

Sylvania Website: www.sylvaniaplatinum.com

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