Tailings Projects Update Jubilee Platinum PLC Registration number: 4459850 AltX share code: JBL AIM share code: JLP ISIN: GB0031852162 ("Jubilee" or the "Company”) Tailings Projects Update The Company is pleased to announce that all matters relating to its chrome processing development and operations are progressing satisfactory and report increased throughput capacity together with operational control of the ASA project (“ASA”). Key Points of Progress Jubilee assumes operational control of all chrome processing capability at ASA; Overall processing capability at ASA increases from 25,000 tpm to 75,000 tpm; Increased processing capability provides increased scope for third party material importation; Currently the Company is processing 55 tonnes feed per hour, which will increase over the coming weeks; Operating margins per tonne will not be compromised and could potentially improve, based on only modest change, to the fixed cost component of the overall cost structure; The Company’s other tailings projects remain on target with all long lead time orders placed and initial construction progressing satisfactorily; and The Company will provide shareholders with an operating and financial report, following the first quarter of full production. Leon Coetzer, CEO said: “We are very pleased with progress on our tailings projects, particularly the increased chrome processing capability together with full operational control. This scenario will undoubtedly positively impact on all aspects of our chrome treatment business. We look forward to updating shareholders with real numbers as our operations progress.” 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 John Belliss Tel +44 (0) 20 7382 8300 JSE Sponsor Sasfin Capital, a division of Sasfin Bank Limited Sharon Owens Tel +27 (0) 11 809 7500 Johannesburg 19 April 2016 Date: 19/04/2016 12:00:00 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.