Trading Statement

Goldplat plc / Ticker: GDP / Index: AIM / Sector: Mining &
                             Exploration
21 July 2008
             Goldplat plc ('Goldplat' or the 'Company')
                           Trading Update

Goldplat plc, the AIM quoted gold  producer, is pleased to provide  a
trading update prior to announcing its results for the year ending 30
June 2008, to outline the  strong progress made across its  portfolio
of projects in  South Africa,  Ghana and Kenya.   Both the  Company's
gold recovery  plants are  performing well  and ahead  of  management
expectations, with  production  and  revenues  steadily  increasing.
Furthermore, its gold operation in Kenya is on track, with an aim  to
commence production  in Q4  2008  and new  acquisition  opportunities
throughout Africa are under review.

Goldplat CEO  Demetri  Manolis  said, "We  continue  to  show  strong
growth,  with   both   recovery  businesses   performing   ahead   of
expectations and our Kenyan Lolgorien gold exploration and production
project advancing as planned.  We look forward to a busy period ahead
and a positive reaction to the  announcement of our year end  results
in September 2008."

South Africa

Having invested in new machinery  and upgraded existing equipment  to
enable more materials to be processed efficiently, operations at  the
South African  gold  recovery business  are  going from  strength  to
strength.  Costs are being reduced  and margins increased. Stocks  of
materials for processing  have increased  to record  levels of  circa
 45,976 oz of  precious metals  and discussions are  underway with  a
number  of   leading  gold   producers  for   further  new   business
opportunities.

The Company is  reviewing various mining  opportunities within  South
Africa in tandem  with its  new Black  Economic Empowerment  partner,
Vunani Limited,  as well  as discussing  a BEE  partner for  Goldplat
Recovery (Pty) Limited itself.

Ghana

The Ghanaian recovery  plant has  performed well  since it  commenced
production at the beginning of the  year, with the plant now  running
at full capacity.  New  supplies of raw  materials have been  secured
for future processing, enabling full capacity to be maintained.   The
smelter is now operational  and the first  samples of gold  purchased
from the artisanal workers have  been smelted.  The bullion  produced
assayed in excess of 85% gold.

The Company now  has 89,000 tonnes  of artisanal tailings  stockpiled
estimated to contain up to 35,365 oz, based on representative samples
of gold, which exceeds nine years of current production capability.

Kenya

Goldplat's 50%  owned  Lolgorien  gold operation  continues  to  gain
momentum.  With artisanal tailings frequently being delivered to  the
site, over 1,100 tonnes of stockpile is now registered.  Phase II  of
the staged development  programme is  underway, and as  a result  the
total strike length now exposed has been extended to 93 metres.  Chip
sampling assay results indicate that the entire strike has an average
gold value of 6.9 g/t Au over a stope width of 1.27 metres containing
a 42 metres stretch of 10.13 g/t over 1.4 metres.

In addition, the adit has been fully equipped with rails which  allow
the use of  'coco pans' to  transport the broken  ore to the  tipping
point.  Production efficiencies have increased markedly as a result.

An exploration agenda  has been  set with the  initiation of  diamond
drilling comprising 14 holes for a total drill length of 500 metres.
These holes  are designed  to intersect  the quartz  vein some  30-40
metres  down-dip   from  the   current  on-reef   development.    The
information from the drilling programme, together with that from  the
adjacent development, will be modelled in 3D using Datamine software,
and used to produce a resource statement.  The close proximity of the
sampling points should allow for a high confidence resource.  To date
over 350  tonnes of  ore has  been stockpiled  at the  plant site  in
readiness for the bulk sampling phase.  Phase II is budgeted to  cost
US$200k and remains within budget.

An additional US$500k investment and refurbishment programme is  also
underway aimed at  bringing the  plant into production  in Q4  2008.
Equipment has been purchased  from South Africa  and is scheduled  to
arrive at the plant at the end of the month.

Developments to  local infrastructure  are being  implemented by  the
Rural Electrification Authority ("REA").  The REA has embarked on  an
electrification programme  for the  local town,  Lolgorien, which  is
expected to  be  completed  by  the  end  of  September  2008.   This
development is likely to be of considerable benefit to the  operation
as  it  precludes  the  use  of  expensive  and  inefficient   diesel
generators.

Qualified Person
This announcement has been reviewed by  Mr Mark Austin. Mr Austin  is
the group geologist for Goldplat and has more than 25 years' relevant
experience in the field of activity concerned. He is a fellow of  the
Geological Society of South  Africa (GSSA) and  has consented to  the
inclusion of  the  material in  the  form  and context  in  which  it
appears.


                            * * ENDS * *

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

Demetri  Manolis, CEO              Goldplat plc       Tel: [phone]
                                                      1203
James Joyce /Sarang Shah           WH Ireland Limited Tel:  [phone]
                                                      1666
Isabel Crossley / Felicity Edwards St Brides Media  & Tel:  [phone]
                                   Finance Ltd        1177


Notes
Goldplat plc  is  an  AIM-listed gold  producer  with  operations  in
Africa. Its strategy is to create a mid-tier mining house focused  on
gold production  leveraged through  revenue generated  from its  gold
recovery businesses.

The Company  has two  recovery business  based in  South African  and
Ghana, which, by  safely disposing of  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 is expanding  into gold  mining through  the acquisition  of
known deposits with targets of between 200,000 and one million ounces
of ore contained.  To this end, in  a 50/50 JV, it is developing  the
potential of the highly prospective 213 sq km Lolgorien licence  area
located in the historically producing Migori Archaean Greenstone Belt
in western Kenya, with a view  of establishing a mining operation  in
the short term.  A number  of other potential projects across  Africa
are under review.

Glossary of Terms

STRIKE: the horizontal  direction of a  planar body (90º  to the  dip
direction)
TAILINGS: the residues from the processing of ore
ADIT: a near-horizontal tunnel driven into a hillside
DRIVE: a tunnel on strike that is developed on ore

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