JUBILEE PLATINUM PLC - Exercise of Warrants and Dealing in securities

Exercise of Warrants and Dealing in securities

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



 Exercise of Warrants
 Dealing in securities



 Jubilee, the AIM-quoted and AltX-listed Mine-to-Metals specialist, announces that is has received
 notification from a warrant holder to exercise 25,000,000 existing warrants in the issued share
 capital of Jubilee (“the Warrant Shares”) at a price of 3.55p (ZAR63.90c) per Warrant Share. The
 exercise of Warrant Shares amounts, in aggregate, to a cash value of GBP887, 500 (ZAR16
 million).

 The Warrant Shares are expected to be admitted to trading on AIM and listed on the AltX of the JSE
 Limited on or about 17 November 2016 and will rank pari passu with the ordinary shares of the
 Company in issue.

 Dealing in securities

 The Company is issuing the final 1,848,167 new Jubilee ordinary shares (“Shares”) at an average
 issue price of 2.44 pence per share to Dr. Matthews Phosa, who has elected to receive Shares in
 lieu of 100% of his director’s remuneration accrued to him for the period 1 October 2014 to 31 July
 2016. This is the final share issuance to Dr. Phosa and concludes the program of shares in lieu of
 director remuneration for Dr Phosa. The shares are issued under the authority of ordinary
 resolution number 12 and special resolution number 2 passed at the Company’s Annual General
 Meeting held on 27 November 2013. The issue will bring Dr. Phosa’s interest in the Company to
 2,834,884 Shares, being 0.3% of the issued capital of the Company. The Shares are issued as
 fully paid and rank pari passu in all respects with the existing ordinary shares, including the right to
 receive all dividends and other distributions declared on or after the date on which they are issued.
 Total voting rights

 The Company’s total issued capital, after the issue of the Warrant Shares, will be 1,017,935,361
 ordinary shares. As the Company does not hold any shares in Treasury, this figure may be used by
 shareholders in the Company as the denominator for the calculations by which they will determine if
 they are required to notify their interest in, or a change to their interest in, the share capital of the
 Company following Admission.


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

JSE Sponsor

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

Nominated Adviser

SPARK Advisory Partners Limited
Sean Wyndham-Quin/Mark Brady
Tel: +44 (0)203 368 3555
Broker

Beaufort Securities Limited
Jon Belliss
Tel: +44 (0) 20 7382 8300

United Kingdom
11 November 2016

Date: 11/11/2016 03:15:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.