Braemore Tailings Project Jubilee Platinum PLC Registration number (4459850) AltX share code: JBL AIM share code: JLP ISIN: GB0031852162 ("Jubilee" or “Company") Braemore Tailings Project Mine-to-Metals specialist Jubilee Platinum plc (AIM: JLP, AltX: JBL) announces that in relation to Jubilee’s subsidiary, Braemore Nickel (Pty) Ltd’s (“Braemore”), Braemore has received from BHP Billiton (Pty) Ltd (“BHP”) a notice of termination of the Tailings Supply Agreement dating back to 2005 relating to the Leinster Nickel Operations in Western Australia. Braemore has informed BHP that it rejects the termination notice since it believes no factual or legal basis exists for such termination. Braemore has been continuing with the internal review of the nickel tailings project with the aim of improving the viability of the project as part of the economic evaluation of the project. This nickel tailings project does not form part of Jubilee’s earnings nor has any influence on the execution of Jubilee’s platinum and chrome projects. Jubilee continues to pursue further tailings opportunities to add to its existing platinum and chrome projects and looks forward to updating the market in due course. Jubilee, through its tailings processing subsidiaries continues successfully to develop and implement innovative processing solutions for the recovery of metals and minerals from various tailings materials. These innovations and progress offer significant opportunities across the tailings recovery spectrum. Further announcements regarding Braemore will be made as and when appropriate. 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 JSE Sponsor Sasfin Capital, a division of Sasfin Bank Limited Sharon Owens Tel +27 (0)11 809 7500 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 8300 United Kingdom 9 November 2016 Sponsor: Sasfin Capital (a division of Sasfin Bank Limited) Date: 09/11/2016 02:30:00 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.