Corporate reporting structure19 September 2011

Monday, 19 September 2011, TORONTO: Platmin announced today that Terry Holohan, Head of Exploration and Development, has decided to emigrate and will be leaving the company in October 2011 to join Paramount Mining Corporation, a resource company listed on the Australian stock exchange as CEO.

Platmin’s CEO Tom Dale said today, "Terry has played an important role in the development of Platmin’s projects on the western and eastern limbs of the Bushveld Complex during the past 4 years. We wish him every success in his future endeavours”.

He leaves behind a capable and motivated technical team, well qualified to complete the work of consolidation for Platmin. For the foreseeable future each team member will report directly to either the Platmin CEO or CFO.

For further information:

Charmane Russell

Russell & Associates

+27 11 880 3924

+27 82372 5816

Investec Bank plc (Nominated Adviser)

Charles Batten

+44 207 597 4000