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 M&G Investment Funds 3 reached the threshold of 10.22% (see item 13 below). 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 M&G Investment Funds 3 notification obligation: iii 4. Full name of shareholder(s) State Street Noms Ltd A/C GMIQ (if different from 3.):iv 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 See item 13 reached: vi, vii 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 using Number Number Number Number of voting % of voting rights the ISIN CODE of of of shares rights 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 xiii xiv instrument date Conversion Period rights that may be rights 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 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: With reference to item 3, M&G Investments Funds 3 is an Open Ended Investment Company (OEIC) and is not a Prudential group company and must be separately disclosed. This OEIC Fund is managed by M&G Investment Management Limited (a wholly owned subsidiary of Prudential plc) and will have been previously attributed to Prudential plc solely on the basis that M&G Investment Management Ltd has direct fund management control over the shares identified in this notification. Therefore the 10.22% holding being disclosed in this notification is encompassed in the 10.22% disclosed under The Prudential plc group of companies and is NOT in addition to it. 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 04:01:00 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.