Cautionary renewal and update on proposed merger Jubilee Platinum plc (Registration number 4459850) JSE share code: JBL AIM share code: JLP ISIN: GB0031852162 ("Jubilee" or the "Company") UPDATE REGARDING THE PROPOSED MERGER BETWEEN JUBILEE AND PLATINUM AUSTRALIA LTD (“PLA”) AND RENEWAL OF CAUTIONARY ANNOUNCEMENT Jubilee Platinum, the AIM and JSE Limited quoted mine-to-metal specialist, is pleased to announce that, further to previously announced cautionary announcements, the most recent of which was announced on 5 February 2013, all transactional documents for the proposed merger (“Merger”) by Jubilee with PLA, have been finalised for execution save for the finalisation of the PLA creditors’ compromise arrangements which are expected to be concluded within the next 72 hours. A further announcement will be made upon completion of execution by both parties. The projected completion date of the Merger remains unchanged for mid-May 2013. Shareholders are advised to continue to exercise caution when dealing in their securities until a further detailed announcement is made. 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 finnCap Ltd Matthew Robinson/Ben Thompson – corporate finance Joanna Weaving – corporate broking Tel +44 (0) 20 7220 0500 Shore Capital Stockbrokers Limited (Joint Broker) Jerry Keen/Edward Mansfield Tel: +44 (0) 20 7 408 4090 Sasfin Capital Leonard Eiser/Sharon Owens Tel +27 (0) 11 809 7500 Bishopsgate Communications Ltd Nick Rome/Anna Michniewicz/Ivana Petkova Tel +44 (0) 20 7562 3350 19 February 2013 Johannesburg Sponsor Sasfin Capital (a division of Sasfin Bank Limited) Date: 19/02/2013 02:15:00 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.