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Fri 20 May 2011, 12:00 JBL - Jubilee Platinum PLC - Jubilee in preliminary discussions and cautionary
JBL
JUJLP                                                                           
JBL - Jubilee Platinum PLC - Jubilee in preliminary discussions and cautionary  
announcement                                                                    
JUBILEE PLATINUM PLC                                                            
("Jubilee" or "the Company")                                                    
AIM: JLP                                                                        
JSE: JBL                                                                        
Registration number: 4459850                                                    
ISIN: GB0031852162                                                              
JUBILEE IN PRELIMINARY DISCUSSIONS AND CAUTIONARY ANNOUNCEMENT                  
Jubilee announces that it has received an approach and held preliminary         
discussions regarding the making of a possible offer for the Company.  At this  
stage there is no certainty that an offer will be made or as to the terms of any
offer.                                                                          
Jubilee is centrally managed and controlled outside of the United Kingdom,      
Channel Islands and Isle of Man and is not subject to the City Code on Takeovers
and Mergers.                                                                    
CAUTIONARY ANNOUNCEMENT                                                         
Shareholders are advised that Jubilee is required to follow the Listings        
Requirements of the JSE Limited as its primary regulator and the Takeover       
Regulations of the Takeover Regulation Panel . Accordingly shareholders are     
advised to exercise caution when dealing in their shares until a further        
announcement is made.                                                           
For further information please contact:                                         
Colin Bird/Leon Coetzer                                                         
Jubilee Platinum plc                                                            
Tel +44 (0) 20 7584 2155 / Tel +27 (0)11 465 1913                               
Matthew Robinson/Ed Frisby/Ben Thompson - Corporate Finance                     
finnCap Ltd                                                                     
Tel +44 (0) 20 7600 1658                                                        
Michael Kinirons/Nick Rome                                                      
Bishopsgate Communications Ltd                                                  
Tel +44 (0) 20 7562 3350                                                        
Johannesburg                                                                    
Sponsor                                                                         
Sasfin Capital                                                                  
(A division of Sasfin Bank Ltd)                                                 
20 May 2011                                                                     
Date: 20/05/2011 12:00:01 Produced by the JSE SENS Department.                  
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