Jubilee in preliminary discussions and cautionary

 

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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