Issue of Shares

Jubilee Platinum PLC
13 June 2007

                              JUBILEE PLATINUM PLC
                                ('the Company')



                                ISSUE OF SHARES


Application is to be made to the London Stock Exchange and the JSE Limited for
850,000 new Ordinary Shares of £0.01 each to be admitted to trading on AIM and
on the JSE. Dealing is expected to commence on 20 June 2007.


These Ordinary Shares have been allotted to UK institutional investors at a
strike price of £1.15 per share, the proceeds of which will be used to purchase
Nan Tin Polychrome Sarl's ('Nan Tin') 15% interest in the Company's Madagascan
subsidiary, Mineral Resources of Madagascar Sarl.


These shares rank pari passu in all respects with the existing Ordinary Shares
of the Company.


Following admission to trading of the above shares, the total shares in issue
will be 83,674,551.


For further information please contact:

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




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