Dealing in securities Jubilee Metals Group PLC Registration number (4459850) JSE share code: JBL AIM share code: JLP ISIN: GB0031852162 ("Jubilee" or the "Company") Director Dealing Jubilee announces that Dr Mathews Phosa, non-executive director of the Company, on 2 December 2019, sold 107 500 Jubilee ordinary shares (“Ordinary Shares”) of 1 pence each at an average price of 4.23 pence/ZAR 80.11 cents per ordinary share. The total value of the transaction is GBP 4 547/ZAR 86 118. Following this transaction, Dr Phosa is interested in 2 727 384 Ordinary Shares, representing approximately 0.14% of the issued share capital of the Company. 3 December 2019 Jubilee Metals Group PLC Colin Bird/Leon Coetzer Tel +44 (0) 20 7584 2155 / Tel +27 (0) 11 465 1913 Nominated Adviser - SPARK Advisory Partners Limited Andrew Emmott Tel: +44 (0) 20 3368 3555 JSE Sponsor - Sasfin Capital (a member of the Sasfin group) Sharon Owens Tel +27 (0) 11 809 7500 FORM FOR NOTIFYING DEALINGS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM 1 Details of the person discharging managerial responsibilities / person closely associated a) Name Dr Mathews Phosa 2 Reason for the notification a) Position/status Non-Executive Director b) Initial notification /Amendment Initial 3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor a) Name Jubilee Metals Group PLC b) LEI 2138002XB5DB3B87SH92 4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted a) Description of the financial Ordinary shares of 1p each instrument, type of instrument Identification code GB0031852162 b) Nature of the transaction Sale of shares c) Price(s) and volume(s) Price(s) Volume(s) 82 ZAR cents 6,000 80 ZAR cents 101,500 d) Aggregated information - Aggregated volume Price(s) Volume(s) 82 ZAR cents 6,000 80 ZAR cents 101,500 Total volume 107,500 Total: 107,500 - Price Weighted average price: 80.11 ZAR cents e) Date of the transaction 2 December 2019 f) Place of the transaction South Africa - JSE Limited Date: 03-12-2019 09:00:00 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.