Issue of Shares

Jubilee Platinum PLC
22 June 2007

                              JUBILEE PLATINUM PLC

                          ('Jubilee' or 'the Company')

                                ISSUE OF SHARES

Application is to be made to the London Stock Exchange and JSE Limited for
2,142,857 new ordinary shares of nominal value £0.01 each in the capital of the
Company ('New Ordinary Shares') to be admitted to trading on AIM and on JSE
Limited. Dealings are expected to commence in the New Ordinary Shares on 28
June, 2007.

The New Ordinary Shares have been allotted to City Natural Resource High Yield
Trust at the conversion price stipulated in the Convertible Loan Note Agreement
as announced by the Company on 27 January 2006.

The New Ordinary Shares rank pari passu in all respects with the existing
ordinary shares of the Company.

Following admission to trading of the New Ordinary Shares, the total number of
ordinary shares in issue will be 85,817,408.

For further information please contact:

Colin Bird                                        Louise Goodeve/Justine Howarth
Jubilee Platinum plc                              Parkgreen Communications Ltd
Tel: [phone]                                Tel [phone]




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