Holding(s) in Company

Jubilee Platinum PLC
17 December 2003





                                                            JUBILEE PLATINUM plc

                                                               37 Thurloe Street

                                                                  London SW7 2LQ

                                                              Tel: [phone]

                                                              Fax: [phone]

Press Release - 17 December 2003





               Jubilee Platinum plc ('Jubilee' or the 'Company')



                        Substantial Holding Notification





Jubilee Platinum plc ('Jubilee' or the 'Company') received notification on
December 16th 2003 that The Prudent Bear Fund has purchased 4 million of the
company's ordinary 1p shares representing 8.1% of the issued share capital.







 Ends





Enquiries:



Parkgreen Communications

Justine Howarth

Tel: [phone]
















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