Transaction in Goldplat shares held in Treasury

Goldplat plc / Ticker: GDP / Index: AIM / Sector: Mining & Exploration
12 March 2010
                   Goldplat plc ('Goldplat' or 'the Company')
                Transaction in Goldplat shares held in Treasury

Goldplat  plc,  the   AIM  listed   gold  producer,   announces  that   it sold
400,000 ordinary  shares in the  Company at a  price of  9.75 pence per ordinary
share on 12 March 2010 through the market.

The  shares were  held as  treasury shares  and following  the sale no remaining
shares are held in treasury.

The Company has 112,120,000 ordinary shares of 1 pence each in issue.

The  above  figure  may  be  used  by  shareholders  as  the denominator for the
calculations  by which they will determine if  they are required to notify their
interest  in, or a change to their interest in, the Company under the Disclosure
and Transparency Rules.

                                  * * ENDS * *

For  further  information  visit  www.goldplat.com <

http://www.goldplat.com/> or
contact:

 Demetri  Manolis, CEO Goldplat plc                  Tel: [phone]

 James Joyce           WH Ireland Limited            Tel: [phone]

 David Porter          WH Ireland Limited            Tel: [phone]

 Felicity Edwards      St Brides Media & Finance Ltd Tel: [phone]

 Isabel Crossley       St Brides Media & Finance Ltd Tel: [phone]


Notes:

Goldplat is an AIM-listed gold producer with operations in Africa.  Its strategy
is  to consolidate its  position as a  gold producer in  Africa and build itself
into  a  highly  profitable  mid-tier  gold  company,  leveraged through revenue
generated from its gold recovery businesses.

The  Company  has  two  recovery  businesses  based  in  South  Africa and Ghana
producing  circa 21,000 ounces of gold per year.  These safely dispose of mining
by-products,  and  fulfil  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 looking to increase its asset base through the acquisition of known
deposits  with targets of between 200,000 and  one million contained ounces.  To
this end, it is developing two projects; its wholly owned Kilimapesa Gold mining
project,  located in the historically  producing Migori Archaean Greenstone Belt
in  western Kenya and the  prospective 246 sq km Nyieme  Gold Project in Burkina
Faso  with  a  view  to  establishing  a  mining  operations in the short term.
Kilimapesa  Gold commenced initial production  in January 2009 and has announced
an initial JORC-compliant resource of 1.65Mt at 2.44 g/t Au for 129,000 oz Au at
a cut-off grade of 1 g/t Au for all categories.








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