Trading Statement

Starvest PLC
01 June 2007



Starvest plc

Trading update

Starvest (the 'Company') announces:
     
•    On Tuesday 29 May 2007 the Company received £4,537,500, being the cash 
     proceeds from the takeover of African Platinum plc.

•    The net asset value as at the close of business on 31 May 2007 was 46.21 
     pence per share fully diluted; with the closing Company share price of
     32.25 pence, the discount to NAV was 30.21%.  These values are calculated 
     on a fully diluted basis after tax on all disposals, but otherwise pre tax.

•    Having announced a further purchase of its own shares on 29 May 2007, the 
     Company confirms that as opportunities arise, it intends to continue to
     purchase its own shares within the authorities granted at the last annual
     general meeting.

•    The Company confirms that a dividend of one penny per share will be paid on 
     20 June 2007 as previously announced.

Enquiries to

Bruce Rowan, Chairman 020 7486 3997 or John Watkins, Finance Director 01483
771992; [e-mail]

Gerry Beaney or Colin Aaronson, Grant Thornton Corporate Finance 020 7383 5100

1 June 2007



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