Jubilee commences platinum production

("Registration number: 4459850")

AIM share code: JLP

AltX share code: JBL

ISIN: GB0031852162 

Not for release, publication or distribution in whole or in part in, into or from any jurisdiction where to do so would constitute a violation of the relevant laws or regulations of such jurisdiction.

29 March 2016

Jubilee Platinum Plc

("Jubilee" or "the Company")

Jubilee commences platinum production

The Directors of AIM-quoted and AltX-listed Jubilee, the Mine-to-Metals company, are pleased to announce the commencement of production of platinum concentrate at its Hernic operations. Commissioning and ramp-up of the fully integrated chrome and platinum Hernic operation commenced during March 2017. The ramp-up of the operation remains on schedule with the commencement of the first platinum concentrate production.

The first platinum production is a significant milestone for the Company and confirms its strategy to become a significant player in the platinum industry.

Further details of the Company's projects and performance will be included in the Group's unaudited interim results for the 6 months ended 31 December 2016 which is due for release before 31 March 2017.

Contacts

Jubilee Platinum plc

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

JSE Sponsor

Sasfin Capital, a division of Sasfin Bank LimitedSharon OwensTel +27 (0)11 809 7500

Nominated Adviser

SPARK Advisory Partners LimitedSean Wyndham-Quin/Mark BradyTel: +44 (0) 203 368 3555

Broker

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