JUBILEE PLATINUM PLC - Tailings Projects Update

Tailings Projects Update

 Jubilee Platinum PLC
 Registration number: 4459850
 AltX share code: JBL
 AIM share code: JLP
 ISIN: GB0031852162
 ("Jubilee" or the "Company”)


 Tailings Projects Update

The Company is pleased to announce that all matters relating to its chrome processing
development and operations are progressing satisfactory and report increased throughput capacity
together with operational control of the ASA project (“ASA”).

Key Points of Progress

Jubilee assumes operational control of all chrome processing capability at ASA;

Overall processing capability at ASA increases from 25,000 tpm to 75,000 tpm;

Increased processing capability provides increased scope for third party material importation;

Currently the Company is processing 55 tonnes feed per hour, which will increase over the coming
weeks;

Operating margins per tonne will not be compromised and could potentially improve, based on
only modest change, to the fixed cost component of the overall cost structure;

The Company’s other tailings projects remain on target with all long lead time orders placed and
initial construction progressing satisfactorily; and

The Company will provide shareholders with an operating and financial report, following the first
quarter of full production.

Leon Coetzer, CEO said: “We are very pleased with progress on our tailings projects, particularly
the increased chrome processing capability together with full operational control. This scenario will
undoubtedly positively impact on all aspects of our chrome treatment business. We look forward
to updating shareholders with real numbers as our operations progress.”
 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
 John Belliss
 Tel +44 (0) 20 7382 8300

 JSE Sponsor
Sasfin Capital, a division of Sasfin Bank Limited
Sharon Owens
Tel +27 (0) 11 809 7500

Johannesburg
19 April 2016

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