Independent Technical Report (43-101) Filed for Platmin's New Indicated Mineral Resource Declared over M'Phatlele Project



    /NOT FOR DISSEMINATION IN THE UNITED STATES OR OVER UNITED STATES
    NEWSWIRE SERVICES/

    TORONTO, Oct. 23 /CNW/ - Platmin Limited ("Platmin" or "the Company";
TSX/AIM: PPN) is pleased to announce that it has filed the October 2007
Independent Technical Report ("October ITR") for the new Indicated Mineral
Resource declared over the M'Phatlele Project as announced on October 16,
2007.
    The October ITR was compiled by SRK in accordance with National
Instrument 43-101 (Standards of disclosure for Mineral projects) and is
Canadian Institute of Mining, Metallurgy and Petroleum standards compliant and
can be downloaded from SEDAR at www.sedar.com and www.platmin.com.

    About Platmin

    Platmin is a TSX and AIM (PPN) listed PGM exploration and development
company focused on its four key advanced projects that host PGM Mineral
Resources and Reserves: Pilanesberg, M'Phatlele, Grootboom and Loskop of which
the first three are currently in the development phase. All of Platmin's
projects are located in the Bushveld Complex of South Africa, which is
estimated to contain approximately 90% of global platinum resources.

    
                               www.platmin.com
    

    %SEDAR: 00023797E




For further information:

For further information: Platmin Limited, 6 EcoFusion Office Park, Block
B, 324, Witch-Hazel Avenue, Highveld Park X59, 0157, Centurion, 0067, South
Africa; Keith Liddell, Executive Deputy Chairman, +61 8 9221 7466; Ian Watson,
Chief Executive Officer, +27 12 661 4280; RBC Capital Markets, Peter
Barrett-Lennard, +44 20 7653 4567; Grant Thornton, Corporate Finance (Nomad),
Fiona Owen, +44 207 383 5100; Haywood Securities, John Willett, (416)
507-2345

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