New South African Joint Venture Formed

Goldplat plc / Ticker: GDP / Index: AIM / Sector: Mining &
                             Exploration
4 February 2008
             Goldplat plc ('Goldplat' or 'the Company')
               New South African Joint Venture Formed

Goldplat plc, the AIM listed gold producer, has formed a new Joint
Venture company to take advantage of potential acquisition
opportunities in South Africa.  The Joint Venture company has been
formed in line with the country's Black Economic Empowerment ('BEE')
policy, with the Johannesburg Stock Exchange's AltX listed BEE backed
financial services group Vunani Limited ('Vunani'), through
Goldplat's wholly owned subsidiary, Gold Minerals Resources Limited
('GMR').

GMR and Vunani hold 74 per cent.  and 26 per cent. of the share
capital of the Joint Venture company respectively. The Joint Venture
company will seek to look at acquisition opportunities in South
Africa and provide a structure for the Company to acquire interests
in South African mining assets that meet the requirements of the BEE
policy regarding the percentage of ownership to be retained by
eligible persons.

Goldplat's CEO, Demetri Manolis said, "To date, we have made great
progress in building an established gold recovery operation in South
Africa. With an aggressive growth strategy in place, we are now
looking to expand our portfolio to further enhance our asset base. In
line with this, I am very excited to be joining forces with Vunani
and I believe that together we are ideally placed to take advantage
of a number of highly interesting mining opportunities within the
country."

                            * * 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         St  Brides  Media  &  Finance Tel:  [phone]
                        Ltd                           4477


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.

---END OF MESSAGE---