Statement regarding share price movement on AIM Jubilee Platinum PLC Registration number (4459850) AltX share code: JBL AIM share code: JLP ISIN: GB0031852162 ("Jubilee" or the "Company”) Statement regarding share price movement The Board of Jubilee (“Board”) notes the recent rise in the share price and provides the following update: The Board can confirm that it is in advanced talks with a major financial institution to secure the debt element of the project financing required to bring its two surface platinum processing plants into operation. The size of the debt funding is ZAR255 million (GBP12.9 million) before financing costs. Although the funding has received credit approval, in principal, from the targeted major financial institution there can be no guarantee that the debt financing described above will be successfully completed. A further update will be made as soon as practicable. The project capital required for the construction of both the surface platinum and chrome beneficiation processing plants (Platinum Surface Projects) is estimated at ZAR271 million (GBP 13.71 million). The working capital required to bring the Platinum Surface Projects to operation and to achieve positive earnings is estimated at ZAR75 million (GBP3.8 million). The majority of the funding shortfall will be covered through the sale of the Company’s non- platinum operational assets, subject to shareholder approval at the GM to be held on 7 August 2015, as previously announced. A further update will be made as soon as practicable The Platinum Surface Projects target to process 80,000 tons per month of platinum containing surface material delivering an estimated production of 42,000 ounces of PGM’s per annum. The Platinum Surface Projects are expected to achieve an IRR in excess of 30% net of taxation. Leon Coetzer, Chief Executive says: “The Company continues to drive hard the time lines of both Platinum Surface Projects aim for the commissioning of both project in June 2016.” 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 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 8416 JSE Sponsor Sasfin Capital, a division of Sasfin Bank Limited Sharon Owens Tel +27 (0) 11 809 7500 4 August 2015 Date: 04/08/2015 02:07:00 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.