Jubilee Metals Regulatory News (JLP)

AIM: JLP

JSE: JBL

Registration number: 4459850

ISIN: GB0031852162

JUBILEE PLATINUM PLC

("Jubilee") or "the group")

TRADING STATEMENT

In terms of the Listings Requirements of the JSE Limited, a listed company is required to publish a trading statement as soon as it becomes aware that the financial results for the next period to be reported on will show a 20% or more difference from those of the previous corresponding period.

Jubilee is expecting an increase in earnings per share of between 50% and 70% for the financial year ended 30 June 2010 compared to that of the previous comparative period and an increase in headline earnings share of between 15% and 35% for the financial year ending 30 June 2010 compared to that of the previous comparative period.

The information in this trading statement has not been reviewed or reported on by Jubilee's auditors. The year-end results announcement is expected to be published on or about 30 September 2010.

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

Johannesburg

28September 2010

Sponsor

Sasfin Capital

(A division of Sasfin Bank Limited)