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Jubilee Platinum PLC 06 December 2002 JUBILEE PLATINUM plc Vat No. 801 9137 52 37 Thurloe Street London SW7 2LQ Tel: 020 7584 2155 Fax: 020 7584 5893 Jubilee Platinum plc ('Jubilee Platinum' or 'the Company') The Company announced on 19 September 2002 that, subject to due diligence and final Board approval, it had entered into a joint venture agreement with Canadian TSX listed East West Resource Corporation on the Goodfellow-Fallis property in Canada. At this time the Company's Board of Directors has elected not to progress with the agreement. Jubilee Platinum has not incurred any costs in relation to this joint venture. The Board of Jubilee Platinum further announces that the year end accounting reference date for the Company is 30 June. Therefore, the maiden audited accounts for the Company will cover the 13 month period ended 30 June 2003 and these will be due for publication by 31 December 2003. The Company will make a half yearly report for the period ended 31 December 2002 no later than 31 March 2003. The Company's two wholly-owned subsidiaries, Resource Development Corporation Ltd (RDCL) and Dullstroom Plats (Pty) Ltd, will change their year ends from 31 March to 30 June to accord with the Company's year end. On behalf of the board, Colin Bird Chief Executive Officer Ends For further information, please contact: Colin Bird Simon Robinson / Justine Howarth Jubilee Platinum Plc Parkgreen Communications Ltd Tel: 020 7590 8806 Tel: 020 7287 5544 This information is provided by RNS The company news service from the London Stock Exchange