Kilimapesa Gold Project - Kenya

Goldplat plc / Ticker: GDP / Index: AIM / Sector: Mining &
                             Exploration
17 June 2009
             Goldplat plc ('Goldplat' or 'the Company')
    Heads of Agreement signed for Kilimapesa Gold Project - Kenya

Goldplat PLC,  through  its  wholly  owned  subsidiary  Gold  Mineral
Resources Limited, has signed a Heads of Agreement with International
Gold  Exploration  AB  ('IGE')  to  purchase   the  50%  interest  in
Kilimapesa Gold (Pty) Limited  ('Kilimapesa Gold'),which it does  not
currently own.  The consideration for the acquisition will be  US$2.7
million, of  which US$1.2  million  is payable  on signature  of  the
definitive Sale Agreement, and the balance in six monthly amounts  of
US$250,000.  The parties have agreed  to draft and conclude the  Sale
Agreement as soon as practicable.

Goldplat and IGE entered into a Joint Venture agreement in June  2007
under which  Goldplat  earned 50%  of  Kilimapesa Gold  by  advancing
US$400,000 to  develop  the  Kilimapesa gold  mine  under  Goldplat's
management.  This resulted in small scale gold production  commencing
at the beginning  of 2009.   With effect from  the date  of the  Sale
Agreement,  the  Joint  Venture  agreement  will  be  cancelled,  and
Goldplat will own 100% of Kilimapesa Gold.  As previously  announced,
Goldplat is  working  to  establish  a  JORC  compliant  resource  at
Kilimapesa and increase the rate of production of gold.

Kilimapesa Gold's Lolgorien gold project is situated in South Western
Kenya within the  historically producing  Migori Archaean  Greenstone
Belt.  Its current plant is able to produce up to approximately 100kg
gold per annum.

The consideration for the acquisition of Kilimapesa Gold will be  met
from Goldplat's existing cash resources.  Following completion of the
Sale Agreement, Goldplat will finalise and announce its plans for the
development of Kilimapesa Gold.


                            * * ENDS * *

For further information visit www.goldplat.com or contact:

Demetri  Manolis, CEO Goldplat plc                    Tel: +27 (0) 11
                                                      423 1203
James Joyce           WH Ireland Limited              Tel: +44 (0) 20
                                                      7220 1666
Sarang Shah           WH Ireland Limited              Tel: +44 (0) 20
                                                      7220 1666
Bill Sharp            Alexander David Securities      Tel: +44 (0)20
                      Limited                         7448 9820
David Scott           Alexander David Securities      Tel: +44 (0)20
                      Limited                         7448 9820
Felicity Edwards      St Brides Media & Finance Ltd   Tel: +44 (0)20
                                                      7236 1177
Isabel Crossley       St Brides Media & Finance Ltd   Tel: +44 (0)20
                                                      7236 1177



Notes
Goldplat plc  is  an  AIM-listed gold  producer  with  operations  in
Africa.  Its  strategy  is to  consolidate  its position  as  a  gold
producer in Africa and build itself into a highly profitable mid-tier
gold company,  leveraged  through  revenue generated  from  its  gold
recovery businesses.
.
The Company has  two recovery  businesses based in  South Africa  and
Ghana, which,  by  safely  disposing mining  by-products,  fulfil  an
important aspect of the mines' environmental management  programmes.
The South African plant is located  near the centre of the East  Rand
Goldfield and raw material  feedstocks are sourced  from many of  the
major South African  mining companies,  including Anglogold  Ashanti,
Goldfields, Harmony, DRD Gold and other smaller producers.  The Ghana
plant, located  in the  free port  of Tema,  provides access  to  raw
materials from  mines  in Mali,  Guinea,  Burkina Faso,  Benin,  Cote
D'Ivorie, Senegal, the DRC and Mauritania, as well as Ghana.

Goldplat's strategy  is  to build  itself  into a  highly  profitable
mid-tier gold  producer, through  the acquisition  of known  deposits
with targets of between 200,000 and one million contained ounces.  To
this end, it is developing the  potential of the 213 sq km  Lolgorien
licence  area  ('Kilimapesa  Gold'),  located  in  the   historically
producing  Migori  Archaean  Greenstone   Belt  in  western   Kenya.
Kilimapesa Gold commenced initial production  in January 2009 and  an
aggressive exploration and development programme has been implemented
to define a JORC compliant resource at the project.

Additionally  the  Company  is  currently  evaluating  gold  recovery
operations  in  Tanzania  and  Zambia  and  also  has  joint  venture
agreements with Black Economic Empowerment ('BEE') partners in  place
to take advantage of mining opportunities in South Africa.

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