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Subscription of Shares

24th Oct 2006 16:15

Jubilee Platinum PLC24 October 2006 24 October 2006 Jubilee Platinum Plc ("Jubilee" or the "Company") Subscription of shares Following an agreement signed by Jubilee with TransAsia Minerals Ltd ("TransAsia") dated 4 October 2006, Jubilee is allotting 490,000 shares in relation to thesubscription clause requiring TransAsia to subscribe for $1,000,000 of Jubileeshares at a price of £1.10 per share. Due to exchange rate differences, Jubilee is issuing 490,000 Ordinary 1p sharesto TransAsia, as opposed to 481,000 Ordinary 1p shares referred to in a previousannouncement issued by the Company dated 16 October 2006. These shares are expected to be admitted for trading on AIM on the 24 October2006. For further information please contact: Colin Bird Cathy Malins / Annabel Leather Jubilee Platinum plc Parkgreen Communications Ltd Tel +44 (0) 20 7584 2155 Tel +44 (0) 20 7493 3713 This information is provided by RNS The company news service from the London Stock Exchange

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Jubilee Metals
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