JUBILEE PLATINUM plc. April Colin Bird Chief Executive Officer.

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1 JUBILEE PLATINUM plc Colin Bird Chief Executive Officer April

2 JUBILEE PLATINUM PLC Mining Exploration Company Platinum/Palladium Advanced and Early Results Places Projects People South Africa Madagascar Tjate Londokomanana Lavatrafo Ambodilafa Itsindro Directors, Officers & Advisors Partnerships TransAsia Minerals Limited Impala Platinum Holdings Performance Corporate & Share Price 2

3 PLACES Bushveld Complex Jubilee properties not to scale Northern Limb Puselo Tjate Western Limb Eastern Limb Elandsdrift Map reproduced with permission of Johnson Matthey 3

4 Iridum dies PLACES Tjate Location 4

5 PROJECTS Dsjate Farm - DT Boreholes DT9 DT8 and DT9 Currently drilling 5

6 Spark plugs PLATINUM/PALLADIUM Tjate Drilling Merensky Reef + UG2 Reef + Borehole DT1 DT2 DT3 DT4 DT5 DT6 DT7 DT1 DT2 DT3 DT4 Thickness ++ cm Grade 4E * g/t % Ni % Cu Pt:Pd ratio Gross metal value $/t** * 4E = platinum palladium rhodium & gold + apparent thickness ++ including deflections **Prices (April 07) $/oz: Pt Pd 300 Rhodium gold 650 Prices $/t: Ni Cu

7 car exhaust PROJECTS Tjate Property Three contiguous farms 5,143ha Down dip of Impala s Marula/Angloplats Twickenham mines Weighted average Merensky grade drilled to date 7g/t (4E) over 80 cm reef thickness Targeted tonnage and metal, three farms, some 280mt and 80m oz (4E) 7

8 car exhaust PROJECTS Tjate Deal ZAR 49m for 35% interest in Tjate ZAR 112m for further 28% - Preference share recently agreed 8

9 car exhaust PROJECTS Tjate Valuation Value attributable PGM (in situ) Share value (fully diluted)* /share US$/oz % attributable ** % attributable*** Lonmin - AfriOre $11/oz ($279M for 24.9M oz) Implats - Afplats $6/oz ($580M for 92M oz) Lonmin - Southern Platinum $13/oz ($273M inc debt for 20Mz) Basis 65m oz in situ, fully diluted shares (** *** ) US$1.95= 1 9

10 Posted Interview Impala Platinum -Mineweb Keith Rumble: CEO, Impala Platinum Interviewed By: Geoff Candy Posted: '28-AUG-06 06:23' GMT Mineweb Extraction of Interview MINEWEB: Moving on from that, you built Two Rivers with ARM. Are there any other opportunities in South Africa? Your growth, you say it's coming from Zimbabwe are there any other mines that can be built in South Africa? KEITH RUMBLE: There certainly are. A case in point there is that our Marula operation, which is still ramping up, has a second phase attached to that. We re only exploiting the UG2 reef at the moment, and we can exploit the Merensky reef in the fullness of time. We re doing a feasibility on that. And the same holds for Two Rivers. The Merensky reef is still out there to be exploited. And then there are some of the junior properties that are being prospected as we speak, and they might hold some interest to us. 10

11 Ceramic capacitors containing palladium PLACES Madagascar 11

12 Froth flotation PLACES Madagascar Politically stable Transparent mining code World Bank vastly underexplored mineral reserves World Bank - US$42m resources aid programme Active majors: Dynatec/Sumitomo Ni-Co; Rio Tinto mineral sands Jubilee first mover advantage prospective PGM Ni-Cu acreage Major Ni-Cu-PGM formation discovery Lavatrafo 12

13 car exhaust PROJECTS Madagascar Status Londokomanana (Antsahabe) PGM-Ni-Cu Drilling in progress Result of three holes announced Property Ambodilafa Ni-Cu & Au Geophysics anomaly identified Preliminary drilling results announced Lanjanina Ni-Cu Drill targets identified Drilled three holes announced 13

14 MAVOANDRO ANTSAHABE BOROKELY AMBOASARY LAVATRAFO RANOMENA PROJECTS Londokomanana & Lavatrafo 14

15 Platinum coated ceramic stirrer PLATINUM/PALLADIUM Londokomanana (Antsahabe) Drilling Results Borehole ANT1 including including Mineralised intersection M** E g/t Ni % Cu % Cu Equivalent (AM) % Gross metal value* US$/t rock *AM = all metals 3E = platinum palladium & gold *Prices (April 07) US$/oz: Pt Pd 300 gold 650 US$/t: Ni Cu ** Apparent thickness 15

16 PROJECTS Londokomanana Licence 16

17 PROJECTS Londokomanana (Topography) Mavoandro Antsahabe Borokely 17

18 PROJECTS Londokomanana Londokomanana license boundary Geochem & Electromagnetic (E-M) Data Mavoandro NE E-M anomaly ultrabasic basic breccia granite 18

19 Platinum coated ceramic stirrer PLATINUM/PALLADIUM Lavatrafo (Lavatrafo & Ranomena) Drilling Results Borehole LAV1 LAV2A LAV7 RAN1 Mineralised intersection M** E g/t Ni % Cu % Cu Equivalent (AM) % Gross metal value* US$/t rock *AM = all metals 3E = platinum palladium & gold *Prices (April 07)US$/oz: Pt Pd 300 gold 650 US$/t: Ni Cu ** Apparent thickness 19

20 PROJECTS Lavatrafo Licence 20

21 PROJECTS Lavatrafo (Topography) Lavatrafo Ranomena 21

22 PROJECTS Ambodilafa Anomalies and Previous drillholes 22

23 pharmaceutical PROJECTS Ambodilafa (Ni-Cu) Major ultrabasic intrusion - 14 km long up to 4 km wide Previous 93m drill intersection disseminated sulphides Recent semi-massive, disseminated and net textured nickel-copper sulphide mineralization intersected at 24 m depth to 200m depth Recent result Hole ALF03 From m To m Interval m Ni % Cu % 3E G/t

24 PROJECTS Ambodilafa (Topography) Bebasy Au ALF02 ALF01 24

25 PROJECT BELOBAKA GEOCHEM (Cu) 25

26 PARTNER Impala Platinum World s second largest PGM mining group Extensive operations in Bushveld Complex and Great Dyke (Zimbabwe) JV earn-in of 51% in Ambodilafa for US$5 million expenditure Jubilee can fund its position or dilute to 35% free carry 26

27 PARTNER TransAsia Minerals Limited TML (BVI registered) - Part of PT TransAsia Resources Group (Indonesia) Operations include coal, iron ore & nickel JV earn-in of 51% in Londokomanana (Londok) and Itsindro properties Earn-in expenditure US$7 million on Londok & US$3 million Itsindro Immediate cash injection US$2million Jubilee can fund position, or dilute to 20% free carry or sell position TML option for first refusal on bona fide offer for Lavatrafo property 27

28 PEOPLE Directors Management Advisers Directors Malcolm Burne Non-Executive Chairman Chairman of Ambrian Capital plc Colin Bird. Chief Executive Officer Chartered Mining Engineer Chris Molefe Non-Executive Director Former CEO Royal Bafokeng Resources Andrew Sarosi Metallurgist Management Technical Director Raju Samtani Chartered Accountant Iwan Williams Country Manager Phil Raisin Mining Engineer Financial Controller Madagascar South Africa Consultants Henri Lombard Director of Geoconsult International Hennie Blignaut Geological Consultant Nominated Advisors Collins Stewart South Africa All areas Joint Brokers Collins Stewart & Ambrian Partners 28

29 PARTNER Investors & Partners Equity Partners Golden Prospect 12.2 % TransAsia Minerals US$10 million JP Morgan Fleming Asset Management 9.5 % Fidelity Managed Funds 6.7 % Impala Platinum US$5 million Colin Bird 8.3 % Framlington Investment Management 6.2 % Artemis Fund Managers 5.4 % Fiske plc 3.7 % 29

30 PERFORMANCE Share Price Performance (courtesy of Bloomberg.com) 30

31 Corporate coins Current shares in issue 81,062,051 Fully diluted share capital 86,812,051 Market price 13 April Market capitalisation April million Cash 5.3 million 31

32 Summary Palladium ingot Tjate drilling confirms strategic position Tjate advancing to pre feasibility Tjate flagship property Three Madagascan areas with significant potential Balanced portfolio country and risk 32