Further Update re Kabwe project

Jubilee Metals Group PLC

Registration number (4459850)

AltX share code: JBL

AIM share code: JLP

ISIN: GB0031852162

("Jubilee" or "the Company")

 Further Update re Kabwe project

Jubilee Metals Group plc notes the further announcement made today by BMR Group plc ("BMR") confirming that, further to its announcement earlier today, BMR now understands that it has the right of appeal against the Mining Cadastre Department of Zambia termination notice for 30 days from 6 February 2018. Jubilee will support BMR to favourably conclude this process.

Further updates will be provided as appropriate.

United Kingdom

7 February 2018

Contacts

Jubilee Metals Group PLC

Colin Bird/Leon CoetzerTel +44 (0) 20 7584 2155 / Tel +27 (0) 11 465 1913Andrew SarosiTel +44 (0) 1752 221937

Nominated Adviser

SPARK Advisory Partners LimitedMark Brady/Andrew EmmottTel: +44 (0) 203 368 3555

Broker

Beaufort Securities LimitedJon BellissTel: +44 (0) 20 7382 8300

JSE Sponsor

Sasfin Capital, (a member of the Sasfin group)

Sharon OwensTel +27 (0) 11 809 7500