Cautionary Announcement

AIM: JLP

JSE: JBL

Registration no: 4459850ISIN

Code: GB0031852162

19 April 2010

Jubilee Platinum Plc

("Jubilee") or the "Company")

Cautionary Announcement

Jubilee shareholders are referred to the cautionary announcement published on 2 March 2010 and are advised that the negotiations referred to therein are ongoing, which, if successfully concluded, may have a material effect on the price of the company's securities. Accordingly, shareholders are advised to continue to exercise caution when dealing in the company's securities until a further announcement is made.

Enquiries:

Jubilee Platinum plc

Colin Bird, CEO

+ 27 (0) 11 253 3280

Jubilee Platinum plc

Andrew Sarosi

+44 (0) 1752 221937

FinnCap

Matthew Robinson, Corporate Finance

+44 (0) 20 7600 1658

Sasfin Capital

Leonard Eiser Corporate Finance

+27 (0) 11 809 7738

Bishopsgate Communications Ltd

Nick Rome/Michael Kinirons/Giang Nguyen

+44 (0) 20 7562 3350