Exercise of Options

Jubilee Platinum PLC
25 February 2005


25th February 2005

AIM: JLP
                              JUBILEE PLATINUM PLC
                          ('Jubilee' or 'the Company')

                              EXERCISE OF OPTIONS


Application has been made to the London Stock Exchange for 414,343 Ordinary
Shares of nominal value £0.01 each in the capital of the Company to be admitted
to trading on the Alternative Investment Market of the London Stock Exchange.
Dealing is expected to commence in these shares on 28th February 2005.

These Ordinary Shares have been allotted pursuant to the exercise of options.
These shares rank pari passu in all respects with the existing Ordinary Shares
of the Company.


For further information please contact:

 Colin Bird                                    Cathy Malins / Annabel Leather
 Jubilee Platinum plc                          Parkgreen Communications Ltd
 Tel: [phone]                            Tel [phone]


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