Exercise of Options

Jubilee Platinum PLC
01 March 2006



1 March 2006


AIM: JLP


                              JUBILEE PLATINUM PLC

                          ('Jubilee' or 'the Company')


                              EXERCISE OF OPTIONS



Application has been made to the London Stock Exchange for 500,000 Ordinary
Shares of nominal value £0.01 each in the capital of the Company to be admitted
to trading on AIM. Dealing is expected to commence in these shares on 7 March,
2006.



These Ordinary Shares have been allotted pursuant to the exercise of options.
These shares rank pari passu in all respects with the existing Ordinary Shares
of the Company.



Following admission to trading of the above shares, the total shares in issue
will be 77,870,271.



For further information please contact:

Colin Bird                              Cathy Malins / Annabel Leather
Jubilee Platinum plc                    Parkgreen Communications Ltd
Tel: [phone]                      Tel [phone]



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