Trading Statement

AIM: JLP

JSE: JBL

Registration no: 4459850ISIN

Code: GB0031852162

26 March 2010

Jubilee Platinum Plc

("Jubilee" or the "Group")

TRADING STATEMENT

In terms of paragraph 3.4(b) of the Listings Requirements of the JSE Limited, a listed company is required to publish a trading statement as soon as it is satisfied that a reasonable degree of certainty exists that the financial results for the period to be reported on next, will differ by at least 20% from those of the previous corresponding period.

Shareholders are advised that Jubilee expects its loss per share and headline loss per share for the 6 month period ending 31 December 2009 to be between 70% and 73% lower compared to the previously reported corresponding period.

The financial information on which this trading statement is based has not been reviewed or reported on by Jubilee's auditors.

The Group's results for the period ending 31 December 2009 will be published on or about 30 March 2010.

For further information please contact:

Colin Bird Nick Rome/ Giang Nguyen

Jubilee Platinum plc Bishopsgate Communications Ltd

Tel +44 (0) 20 7584 2155 Tel +44 (0) 20 7562 3350

Tel +27 (0) 11 253 3280

Andrew Sarosi Sharon Owens/ Mapholo Ratau

Jubilee Platinum plc Sasfin Capital

Tel +44 (0) 1752 221937 Tel +27 (0) 11 809 7500

Matthew Robinson/Ed Frisby Dennis Tucker

FinnCap Qinisele Resources

Tel +44 (0) 20 7600 1658 Tel +27 (0) 82 492 4957