Platmin Announces Board Appointment

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

TORONTO, Dec. 2 /CNW/ - Platmin Limited ("Platmin" or "the Company"; TSX/AIM: PPN; JSE: PLN) is pleased to announce the appointment of Mr Tom Dale to the Company's Board of Directors and as Chief Executive Officer effective 1 December 2009.

Mr Dale has had a long and successful career in the South African mining industry, and has held various senior positions, including Managing Director of Gencor's gold division and of Gold Fields Limited. Subsequently he was CEO of Mopani Copper Mines in Zambia and thereafter CEO of Sallies Limited. He holds a BSc (Honours) Mining Engineering degree (University of Newcastle Upon Tyne) and an MBA (University of Witwatersrand).

Mr Thomas Graham Dale, aged 59, is or has been a director of the following companies within the past five years:

    
    -------------------------------------------------------------------------
    Current Directorships                Past Directorship
    -------------------------------------------------------------------------
    Platmin Limited                      Sallies Limited
    Boynton Investments (Proprietary)    Randgold and Exploration Co. Ltd
     Limited
                                         Mopani Copper Mines Plc
    -------------------------------------------------------------------------
    

There is no other information regarding Mr Thomas Dale that is required to be disclosed pursuant to Schedule 2 paragraph (g) of the AIM Rules.

About Platmin

Platmin is an explorer and emerging PGM producer whose four key projects host mineral resources and reserves: Pilanesberg, M'phahlele, Grootboom and Loskop. The Pilanesberg Project is presently in the 'ramp up' phase and is expected to meet the design production rates during 2009. The despatch of PGM concentrates to the custom smelter commenced in April 2009. All of Platmin's projects are located in the Bushveld Complex of South Africa, which is estimated to contain approximately 90% of global platinum mineral resources.

For further information: Keith Liddell, Non-executive Deputy Chairman, [phone]; Wayne Koonin, Chief Financial Officer, [phone]; Investec Bank plc (Nominated Adviser), Stephen Cooper, [phone]; Russell & Associates, Nicola Taylor, [phone]