Last checked at 15 Oct 2010 10:48
AIM: JLP
JSE: JBL
Registration number: 4459850
ISIN: GB0031852162
JUBILEE PLATINUM PLC
("Jubilee" or "the Company")
CAUTIONARY ANNOUNCEMENT
Shareholders are referred to Jubilee's year-end results published on 4 October 2010 wherein it was advised that the company had purchased a 51% stake in the power generation company Power Alt (Pty) Ltd.
With regard to this statement, shareholders are advised that the company is still in the negotiations stage of the acquisition which if successfully concluded may have a material effect on the price at which the company's shares trade on the JSE Limited.
Shareholders are advised to exercise caution when dealing in their Jubilee shares until a full announcement is made.
For further information please contact:
Colin Bird/Leon Coetzer
Jubilee Platinum plc
Tel + 27 83 455 7749 Tel +44 (0) 20 7584 2155
Andrew Sarosi
Jubilee Platinum plc
Tel +44 (0) 1752 221937
Matthew Robinson/Rose Herbert
finnCap Ltd
Tel +44 (0) 20 7600 1658
Leonard Eiser /Sharon Owens
Sasfin Capital
Tel +27 (0) 11 809 7500
Michael Kinirons/Nick Rome
Bishopsgate Communications Ltd
Tel +44 (0) 20 7562 3350