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Thu 13 Jan 2011, 16:32 PLN - Platmin Limited - Notification of major interest in shares
PLN
PLN                                                                             
PLN - Platmin Limited - Notification of major interest in shares                
Platmin Limited                                                                 
Incorporated in the accordance with the laws of Canada                          
Registration number: 610178-0                                                   
Share code on TSX: PPN                                                          
Share code on AIM: PPN                                                          
Share code on JSE: PLN                                                          
ISIN: CA72765Y1097                                                              
For filings with the FSA include the annex                                      
For filings with issuer exclude the annex                                       
TR-1: Notification of major interest in shares (1)                              
1. Identity of the issuer or the        Platmin Limited                         
underlying issuer of existing shares                                            
to which voting rights are attached:                                            
ii                                                                              
2 Reason for the notification (please tick the appropriate box or               
boxes):                                                                         
An acquisition or disposal of voting rights                                     
An acquisition or disposal of qualifying financial instruments                  
which may result in the acquisition of shares already issued to                 
which voting rights are attached                                                
An acquisition or disposal of instruments with similar economic                 
effect to qualifying financial instruments                                      
An event changing the breakdown of voting rights                  X             
Other (please                                                                   
specify):                                                                       
3. Full name of person(s) subject  Bakgatla Ba Kgafela Tribal Authority         
to the notification obligation:                                                 
iii                                                                             
4. Full name of shareholder(s)     See 3 above                                  
(if different from 3.):iv                                                       
5. Date of the transaction and     12 January 2011                              
date on which the threshold is                                                  
crossed or reached: v                                                           
6. Date on which issuer notified:  12 January 2011                              
7. Threshold(s) that is/are        10%                                          
crossed or reached: vi, vii                                                     
  8. Notified details:                                                          
  A: Voting rights attached to shares viii, ix                                  
Class/type    Situation        Resulting situation after the triggering       
  of shares     previous to the  transaction                                    
  if possible   triggering                                                      
  using the     transaction                                                     
ISIN CODE                                                                     
                Number  Number   Number   Number of       % of  voting          
                of      of       of       voting rights   rights x              
                Shares  Voting   shares                                         
Rights                                                  
                                 Direct   Direct Indirec  Direct   Indirec      
                                          xi     t xii             t            
  Common        73,539, 73,539,  73,539,  73,539          9.81%                 
Shares        411     411      411      ,411                                  
  CA72765Y1097                                                                  
                                                                                
  B: Qualifying Financial Instruments                                           
Resulting situation after the triggering transaction                          
  Type of          Expirat  Exercise/       Number of voting  % of voting       
  financial        ion      Conversion      rights that may   rights            
  instrument       date     Period xiv      be acquired if                      
xiii                     the instrument                      
                                            is exercised/                       
                                            converted.                          
                                                                                

  C: Financial Instruments with similar economic effect to Qualifying           
  Financial Instruments xv, xvi                                                 
  Resulting situation after the triggering transaction                          
Type of       Exerci  Expira   Exercis  Number of voting  % of voting         
  financial     se      tion     e/       rights            rights xix,         
  instrument    price   date     Convers  instrument        xx                  
                        xvii     ion      refers to                             
period                                         
                                 xviii                                          
                                                            Nomina  Delta       
                                                            l                   

                                                                                
  Total (A+B+C)                                                                 
  Number of voting rights             Percentage of voting rights               
73,539,411                          9.81%                                     
  9. Chain of controlled undertakings through which the voting rights           
  and/or the financial instruments are effectively held, if applicable:         
  xxi                                                                           

                                                                                
  Proxy Voting:                                                                 
  10. Name of the proxy holder:                                                 
11. Number of voting rights proxy holder                                      
  will cease to hold:                                                           
  12. Date on which proxy holder will cease to                                  
  hold voting rights:                                                           

  13. Additional information:                                                   
  14. Contact name:                   Kutlwano Motlhabane                       
  15. Contact telephone number:       +27105000065                              
Note: Annex should only be submitted to the FSA not the issuer                
  Annex: Notification of major interests in sharesxxii                          
                                                                                
  A: Identity of the persons or legal entity subject to the notification        
obligation                                                                    
  Full name                           Bakgatla Ba Kgafela Tribal Authority      
  (including legal form of legal                                                
  entities)                                                                     

  Contact address                     Bakgatla Ba Kgafela Tribal Authority      
  (registered office for legal        Main Hospital Road                        
  entities)                           Moruleng, North West Province             
0318                                      
                                      Republic of South Africa                  
  Phone number & email                +27145567000 info@bbkta.co.za             
                                                                                
Other useful information                                                      
  (at least legal representative for                                            
  legal persons)                                                                
                                                                                

  B: Identity of the notifier, if applicable                                    
  Full name                           Platmin Limited                           
                                                                                
Contact address                     Private Bag X11, Highveld, South          
                                      Africa, 0067                              
  Phone number & email                +27 12 661 4280                           
                                                                                
Other useful information                                                      
  (e.g. functional relationship with                                            
  the person or legal entity subject                                            
  to the notification obligation)                                               

  C: Additional information                                                     
                                                                                
  For notes on how to complete form TR-1 please see the FSA website.            
Date: 13/01/2011 16:32:00 Produced by the JSE SENS Department.                  
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