TR-1: Notification of major interest in shares Jubilee Platinum PLC Registration number (4459850) Altx share code: JBL AIM share code: JLP ISIN: GB0031852162 ("Jubilee") In accordance with the Disclosure and Transparency Rules in the UK, Jubilee hereby confirms that on 16 April 2014 it received notice that on 15 April 2014 Prudential plc group of companies reached the threshold of between 14% - 10%. TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi 1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are Jubilee Platinum Plc attached: ii 2 Reason for the notification (please tick the appropriate box or boxes): An acquisition or disposal of voting rights X An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments An event changing the breakdown of voting rights Other (please specify): Update to total voting rights figure. X 3. Full name of person(s) subject to the notification obligation: iii Prudential plc group of companies 4. Full name of shareholder(s) (if different from 3.):iv See attached schedule 5. Date of the transaction and date on which the threshold is crossed or 15 April 2014 reached: v 6. Date on which issuer notified: 16 April 2014 7. Threshold(s) that is/are crossed or reached: vi, vii 14% - 10% 8. Notified details: A: Voting rights attached to shares viii, ix Class/type of Situation previous Resulting situation after the triggering transaction shares to the triggering transaction x if possible Number Number Number Number of voting % of voting rights using of of of shares rights the ISIN CODE Shares Voting xi Indirect Direct Direct xii Direct Indirect Rights GB0031852162 56,100,000 56,100,000 51,400,000 51,400,000 0 10.22% 0 B: Qualifying Financial Instruments Resulting situation after the triggering transaction Type of financial Expiration Exercise/ Number of voting % of voting instrument xiii xiv rights that may be date Conversion Period acquired if the instrument is exercised/ converted. C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi Resulting situation after the triggering transaction xix, Type of financial Exercise Expiration Exercise/ Number of voting rights % of voting rights xvii xx instrument price date Conversion instrument refers to xviii period Nominal Delta Total (A+B+C) Number of voting rights Percentage of voting rights 51,400,000 10.22% 9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi Prudential plc (parent Company) M&G Group Limited (wholly owned subsidiary of Prudential plc) M&G Limited (wholly owned subsidiary of M&G Group Limited) M&G Investment Management Limited (wholly owned subsidiary of M&G Limited) M&G Securities Limited (wholly owned subsidiary of M&G Limited) Proxy Voting: 10. Name of the proxy holder: N/A 11. Number of voting rights proxy holder will cease N/A to hold: 12. Date on which proxy holder will cease to hold N/A voting rights: 13. Additional information: Owen Smith / Mark Thomas 14. Contact name: M&G Investment Management Limited 15. Contact telephone number: 020 7548 2293 / 020 7548 3266 22 April 2014 Sponsor Sasfin Capital (a division of Sasfin Bank Limited) Date: 22/04/2014 04:00:00 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.