Hernic Update Jubilee Platinum PLC Registration number (4459850) AltX share code: JBL AIM share code: JLP ISIN: GB0031852162 (“Jubilee” or “the Company”) Hernic Update Jubilee wishes to assure shareholders that the notification of Hernic Ferrochrome Proprietary Limited (“Hernic”) voluntary business rescue to facilitate the restructuring of some its business activities (‘’Business Process”) has no current effect on Jubilee’s operations at Hernic. Leon Coetzer, Chief Executive Officer, says: ”Jubilee is very accustomed to operating within this Business Process. We have already engaged with Hernic to offer our services wherever appropriate within this process. Normal operations at Hernic are expected to continue for the foreseeable future with stable chrome market conditions persisting. Our platinum and chrome operation is processing both current arisings stemming from Hernic’s mining operations as well as platinum containing material from the vast surface stocks. As far as the Company is concerned it is business as normal. We continue to be buoyant by our overall results and progress at our Hernic platinum and chrome operations and have over the past week achieved production levels in excess of 1 900 tonnes of feed material per day moving towards a robust operation. ” United Kingdom 28 September 2017 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 member of the Sasfin group) 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 Date: 28/09/2017 08:00:00 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.