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PLN - Platmin Limited - Cancellation of aim listing on November 1, 2011

Release Date: 03/10/2011 15:00
Code(s): PLN
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PLN - Platmin Limited - Cancellation of aim listing on November 1, 2011 Platmin Limited Incorporated in the accordance with the laws of British Columbia, Canada Registration number: C0848954 Share code on TSX: PPN Share code on AIM: PPN Share code on JSE: PLN ISIN: CA72765Y1097 ("Platmin" or "the company") CANCELLATION OF AIM LISTING ON NOVEMBER 1, 2011 October 3, 2011, TORONTO: Platmin Limited ("Platmin" or "the Company"; TSX/AIM: PPN; JSE: PLN) announces the cancellation of the trading of its common shares on the Alternative Investment Market ("AIM") of the London Stock Exchange, to take effect from 7:00 a.m. (GMT) on Tuesday, November 1, 2011 (the "Cancellation Date"). Platmin`s board of directors has decided that it is not justified for a company of Platmin`s size and with such relatively low trading volumes to maintain three stock exchange listings. Following the cancellation of the AIM listing, Platmin will be listed on the Toronto Stock Exchange ("TSX") and the Johannesburg Stock Exchange ("JSE"); as a result, shareholder consent for the cancellation of the AIM listing is not required under the AIM Rules for Companies. Prior to November 1, 2011, shareholders may continue to trade their securities on AIM. On or after November 1, 2011, shareholders may continue to hold their securities electronically in CREST. If shareholders wish to trade their securities after November 1, 2011, their CREST nominee would need to do so on the TSX/Canada and/or JSE/South Africa. The securities may be moved from CREST to Canada by the UK nominee instructing CREST to deliver the securities to a CDS nominee (Canadian Depositary for Securities). Once shares are in CDS, they may be moved to South Africa, for trading on the JSE via a Register Removal Request instructing Computershare Canada to remove the shares from the Canadian share register onto the South African share register for re- issuance into STRATE (South African CSD). About Platmin Platmin explores for and develops and operates platinum group metals (PGM) deposits in South Africa. The company`s principal current focus is the Pilanesberg Platinum Mine, which is building up to full production. In addition, it holds platinum interests on the eastern limb of the Bushveld Complex. Platinum`s long term goal is to become a significant producer of PGMs. For further information: Charmane Russell Russell & Associates +27 11 880 3924 +27 82 372 5816 Investec Bank plc (Nominated Adviser) Charles Batten +44 207 597 4000 Date: 03/10/2011 15:00:01 Supplied by www.sharenet.co.za 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.

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