Independent Technical Report (43-101) filed for Platmin's Positive Pilanesberg Feasibility Study



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

    TORONTO, Aug. 31 /CNW/ - Platmin Limited ("Platmin" or "the Company";
TSX/AIM: PPN) is pleased to announce that it has filed the Pilanesberg
Independent Technical Report ("Pilanesberg ITR") for the Positive Pilanesberg
Feasibility announced on July 16, 2007.
    The Pilanesberg ITR was compiled by SRK in accordance with National
Instrument 43-101 (Standards of disclosure for Mineral projects) and Canadian
Institute of Mining, Metallurgy and Petroleum standards compliant) and is
available to 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
    

    This Market Release contains forward-looking statements contained that
are not historical facts. Forward-looking statements involve risks,
uncertainties and other factors that could cause actual results, performance,
prospects and opportunities to differ materially from those expressed or
implied by such forward-looking statements. Forward looking statements in this
Market Release include, but are not limited to, statements regarding the
prospectivity of the properties the subject of the new Prospecting Rights
and/or Conversions and or the planned or ongoing work programs relating to the
properties the subject of the new Prospecting Rights and/or Conversions or any
of its Key Projects. Although Platmin believes that the assumptions and
factors used in preparing the forward-looking statements are reasonable, undue
reliance should not be placed on these statements, which only apply as of the
date of this Market Release, and no assurance can be given that such events
will occur in the disclosed time frames or at all. Platmin disclaims any
intention or obligation to update or revise any forward-looking statement,
whether as a result of new information, future events or otherwise.
Furthermore, forward-looking statements reflect the current expectations and
beliefs of the Company based on information currently available to the
Company. Forward-looking statements are subject to a number of risks and
uncertainties that may cause the actual results of the Company to differ
materially from those discussed in the forward-looking statements, and even is
such actual results are realised or substantially realised, there can be no
assurance that they will have the expected consequences to, or effects on the
Company. Factors that would cause actual results or events to differ from
current expectations include, among other things, changes in commodity prices,
changes in equity markets, failure to establish estimated mineral resources
(the inferred mineral resource figures in this Market Release are estimated
and no assurance can be given that the indicated levels of minerals will be
produced), political risks arising from operating in Africa, changes to
regulations affecting the Company's activities, delays in obtaining or
failures to obtain required regulatory approvals, failure of equipment,
uncertainties relating to the availability and costs of financing needed in
the future, the uncertainties involved in interpreting drilling results and
other geological data, delays in obtaining geological results, and the other
risks involved in the mineral exploration industry. Any forward-looking
statement only speaks as of the date on which it was made and, except as may
be required by applicable securities laws, as mentioned above in this
disclaimer the Company disclaims any intent or obligation to update any
forward-looking statement, whether as a result of whether as a result of new
information, future events or otherwise. As mentioned above, although the
Company believes that the assumptions inherent in the forward-looking
statements are reasonable, forward-looking statements are not guarantees of
future performance and accordingly undue reliance should not be put on such
statements due to the inherent uncertainty therein.
    This Market Release does not constitute or form part of any offer or
invitation to sell or issue or any solicitation of any offer to purchase or
subscribe for any securities in any jurisdiction, nor shall it (or any part of
it) or the fact of its distribution form the basis of, or be relied upon in
connection with, or act as any inducement to enter into, any contract or
commitment therefore.

    %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: Craig Werstiuk,
+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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PLATMIN LIMITED

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