Kenya Update

Goldplat plc / Ticker: GDP / Index: AIM / Sector: Mining &
                             Exploration
7 April 2008

             Goldplat plc ('Goldplat' or the 'Company')
           Progress Update - Kilimapesa Gold (Pty) Limited

Goldplat plc, the AIM quoted gold producer, is pleased to provide  an
update on its ongoing evaluation  and development programme from  its
50% owned joint venture Lolgorien gold operation, situated within the
historically producing  Migori  Archaean  Greenstone  Belt  in  south
western Kenya. Following the  implementation of a phased  development
plan, gold production is expected to  commence in the second half  of
2008.

Highlights

*         Commenced plant refurbishment programme and accumulating
  stockpile of high grade artisanal tailings
*         Adit fully equipped and ore being transported for
  stockpiling at the plant
*         Commenced blasting operations at Kilamapesa Hill and
  completed construction of the road to adit entrance
*         Excellent relationships with the local community and local
  artisanal miners - strong support from the Ministry of Environment
  and Natural Resources
*         All the operational and development costs being financed
  via existing cash resources
*         Processing expected to commence in the second half of 2008,
  with gold being extracted from existing tailings, material acquired
  from local artisanal miners, as well as ore produced during the
  mine development phase

Goldplat CEO Demetri Manolis  said, "We have  made great progress  in
the development of  the operation  at Lolgorien  with production  now
targeted to start second half of 2008. We have already commenced  the
refurbishment of the plant and are stockpiling high grade material in
readiness for processing at  the plant.   Until the Kenyan  operation
becomes cash flow  positive, expenditure is  being financed from  our
recovery operations  in  South  Africa  and  Ghana,  which  are  both
performing strongly."

Kilimapesa Hill

The Company has adopted a phased approach for the development of  the
Lolgorien project.  Phase I,  which has been completed, involved  the
evaluation of 10 selected targets within the licence area,  including
sampling within existing adits, undertaking IP programmes and shallow
auger drilling of  historic tailings. Goldplat  has now entered  into
Phase II of its development programme, involving the extension of the
existing underground  development  for  Kilimapesa  to  provide  bulk
sampling for ore evaluation.

As part  of Phase  II,  Goldplat is  developing 400m  of  underground
tunnels to  increase  exposure of  the  two identified  gold  bearing
quartz veins at Kilimapesa Hill. Progress includes the cutting of  an
800m road  up to  the adit  entrance and  the equipping  of the  adit
station, including  a  compressor  and  generator  house,  store  and
workshop. The adit is also equipped with ventilation ducting as  well
as water  and compressed  air pipes.  All the  available  development
faces have  been drilled  and blasting  has commenced.  Ore is  being
transported to  the  plant  site  where it  is  being  stockpiled  in
readiness for the bulk sampling phase.  Phase II is budgeted to  cost
$200k.

Plant

The $500k investment  and refurbishment programme  aimed at  bringing
the plant into production in the  second half of 2008 has begun  with
equipment being purchased in South Africa and the civils construction
underway at Lolgorien.

Community Relations

Considerable time has been spent in building excellent  relationships
with the local community. The joint venture is very pleased with  the
quality of skills available in the area as well as the  relationships
with  the  local  artisanal  miners,  with  both  parties  envisaging
considerable benefits through working together. The joint venture  is
already purchasing circa 5,000 tonnes of high grade tailings from the
artisanal operations,  which are  currently being  stockpiled at  the
plant.

The community relationship has been  fully endorsed by the  Permanent
Secretary for  the Ministry  of  Environment and  Natural  Resources,
Professor James Kiyiapi, who, in conjunction with the Commissioner of
Mines, Mr Lojomon  Biwot, made a  very successful visit  to the  mine
site in March.

Further details

The joint  venture, in  which the  Company has  a 50%  interest,  was
signed in July  2007 with Oslo  and Swedish-NGM listed  International
Gold Exploration AB  ("IGE") and  registered in  Kenya as  Kilimapesa
Gold  (Pty)  Ltd.  A  phased  approach  has  been  adopted  for   the
development of the highly prospective Lolgorien project.

The Migori Archaean Greenstone Belt, where the Lolgorien licence area
is  located,  is  a  northern  continuation  of  the  Lake   Victoria
Goldfields, which hosts many major gold deposits including  Barrick's
multi-million ounce North Mara mine,  which lies approximately 40  km
to the southwest  of the Lolgorien  property.  The  licence area  has
been the site of considerable historical gold mining and is still the
focus of artisanal mining.  Official reports, starting from the early
1900s, show that  between 1920 and  1950 the area  produced nearly  1
million ounces of gold.

On commencement of production, expected  in the second half of  2008,
gold will  initially  be  extracted  from a  blend  of  existing  and
purchased tailings  and  ore  produced during  the  mine  development
stage.

This announcement has been reviewed by  Mr Mark Austin. Mr Austin  is
the group geologist for Goldplat and has more than 25 years' relevant
experience in the field of activity concerned. He is a fellow of  the
Geological Society of South  Africa (GSSA) and  has consented to  the
inclusion of  the  material in  the  form  and context  in  which  it
appears.

Glossary of Terms

STRIKE: the horizontal  direction of a  planar body (90º  to the  dip
direction)
TAILINGS: the residues from the processing of ore
ADIT: a near-horizontal tunnel driven into a hillside
DRIVE: a tunnel on strike that is developed on ore
IP: INDUCED POLARISATION (IP): a geophysical method utilising the
electric properties of minerals
AUGER  DRILLING:  a  method  of  drilling  in  which  penetration  is
accomplished by the cutting or gouging action of chisel-type  cutting
edges forced into the substance by rotation of the auger bit
                            * * ENDS * *

For further information visit www.goldplat.com or contact:

Demetri  Manolis, CEO              Goldplat plc       Tel: [phone]
                                                      1203
James Joyce                        WH Ireland Limited Tel:  [phone]
                                                      1666
Isabel Crossley / Felicity Edwards St Brides Media  & Tel:  [phone]
                                   Finance Ltd        1177


Notes
Goldplat plc  is  an  AIM-listed gold  producer  with  operations  in
Africa. Its strategy is to create a mid-tier mining house focused  on
gold production  leveraged through  revenue generated  from its  gold
recovery businesses.

The Company  has two  recovery business  based in  South African  and
Ghana, which, by safely disposing  of mining by-products, fulfill  an
important aspect of the mines' environmental management programmes.
The South African plant is located  near the centre of the East  Rand
Goldfield and raw material  feedstocks are sourced  from many of  the
major South  African mining  companies including  Anglogold  Ashanti,
Goldfields, Harmony,  DRD Gold  and other  smaller producers,.    The
Ghana plant, located in the free port of Tema, provides access to raw
materials from  mines  in Mali,  Guinea,  Burkina Faso,  Benin,  Cote
D'Ivorie, Senegal, the DRC and Mauritania, as well as Ghana.

Goldplat is expanding  into gold  mining through  the acquisition  of
known deposits with targets of between 200,000 and one million ounces
of ore contained.  To this end,  in a 50/50 JV, it is developing  the
potential of the highly prospective 213 sq km Lolgorien licence  area
located in the historically producing Migori Archaean Greenstone Belt
in western Kenya, with a view  of establishing a mining operation  in
the short term.  A number  of other potential projects across  Africa
are under review.

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