African Platinum Investment

Starvest PLC
22 February 2007








Starvest plc ('the Company')

Update regarding investment in African Platinum plc

The Company has received a number of enquiries from shareholders and other
interested parties concerning its investment in African Platinum plc (Afplats)
and wishes to advise that it holds 9,250,000 ordinary shares in that company.
Afplats is the subject of a recommended cash offer at 55 pence per share from
Impala Platinum Holdings Limited.

The Company expects to announce its results for the six months to 31 March 2007
on 12 April 2007.

Enquiries to John Watkins, 01483 771992; [e-mail]

22 February 2007

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