Grant of Prospecting Permit

Jubilee Platinum PLC
06 April 2004

6 April  2004


               Jubilee Platinum Granted First Prospecting Permit
                     in Western Bushveld, South Africa


Jubilee Platinum plc ('Jubilee' or 'the Company'), the AIM quoted mining group,
is pleased to announce it has received a prospecting permit for its optioned
Vlaklaagte/Zwartdoorns platinum group metal ('PGM') property in the Western Limb
of the Bushveld Complex in South Africa.

These permits were granted to the Company  by the Department of Minerals and
Energy of South Africa under the Minerals Act 1991: Section 6 (1), giving it
the right to carry out prospecting activities, including  rock and soil sampling
digging of trenches and pits, drilling and sinking of exploration shafts.

The Company intends to carry out a combination of geochemical soil sampling and
geophysics, involving ground and or airborne magnetic surveys, as appropriate,
to establish targets for eventual drilling.

Vlaklaagte 215JP/Zwartdoorns 213JP are located some 45 kilometres north west of
Rustenburg in the Western Limb of the Bushveld Complex. These properties are
considered highly prospective by the Company because the intrusion of the
Pilanesberg Complex 10 kilometres to the north east displaced the Rustenburg
Layered Suite (RLS), the stratigraphic sequence of layered rocks within which
the PGM bearing Merensky and UG2 reefs are present, in such a way that remnants
(large pyroxenite boulders) of the Critical Zone within the RLS outcrop
occasionally in the regional area, including the farms Vlaklaagte/Zwartdoorns.

A geological reconnaissance of the farm shows the soils of the western portion
of the farm and the north west corner in particular are very dark brown/black
and clay rich, their lithological source being very different from the remainder
of the farm; possibly deriving from pyroxene rich rock. Complementary regional
stream and geochemical survey data indicates an area, roughly corresponding to
the occurrence of black soils, to be anomalous in cobalt, nickel, chromium and
copper.

This area is prospective for PGMs and may extend further east across
Zwartdoorns, which is covered possibly by debris eroded from the north east
hills.

Colin Bird, CEO of Jubilee, said 'The receipt of our third prospecting permit in
the Bushveld marks another milestone and adds to the gathering momentum of the
Company's projects.  We expect the imminent release of more permits pertaining
to our other PGM assets in the Bushveld Complex and look forward to moving on to
the next phase of development.'


Ends


For further information please contact:

Colin Bird                                       Justine Howarth /Cathy Malins
Jubilee Platinum plc                             Parkgreen Communications Ltd
Tel[phone]                                 Tel [phone]
www.jubileeplatinum.com



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