Platmin appoints Chief Financial Officer


    TORONTO, Jan. 28 /CNW/ - Platmin Limited (TSX/AIM: PPN) is pleased to
announce the appointment of Mr. Ralf Degni as Chief Financial Officer (CFO)
with effect from January 1, 2008. This appointment follows Mr. Degni joining
Platmin in June 2007 as acting CFO.
    Mr. Degni has extensive management and financial experience, with a focus
on merger and acquisition activity, in the international business environment.
Before joining Platmin Mr. Degni was Managing Director of Advantage Management
Systems (a management and IT consultancy) and held the position of Group
Finance and Acquisitions Director at London Stock Exchange-listed Acsis Group
Plc. Previously he held directorships & board positions at Grey Holdings South
Africa (part of Grey Global), Young & Rubicam, Optimedia (Publicis), Sasani
Limited and has worked in audit and consulting capacities at Deloitte.
    Mr. Degni holds a B Acc from the University of the Witwatersrand in South
Africa, and is a registered Chartered Accountant in South Africa and
    Platmin CEO Ian Watson said today, "We are delighted that Ralf is now a
permanent member of the Platmin team. His depth of experience in finance and
management, and his exposure to global markets adds further strength to our
capacity at the executive level."


    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 Pilanesberg Project is currently in the development phase with the balance
expected to follow. 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.


    Certain statements contained in this market release constitute
forward-looking information within the meaning of securities laws.
Forward-looking information may relate to this and other matters identified in
our public filings, our future outlook and anticipated events or results and,
in some cases, can be identified by terminology such as "may", "will",
"should", "expect", "plan", "anticipate", "believe", "intend", "estimate",
"predict", "potential", "continue" or other similar expressions concerning
matters that are not historical facts. These statements are based on certain
factors and assumptions including the results of marketing efforts, expected
growth, results of operations, performance and business prospects and
opportunities. While we consider these assumptions to be reasonable based on
information currently available to us, they may prove to be incorrect.
    Forward looking-information is also subject to certain factors, including
risks and uncertainties that could cause actual results to differ materially
from what we currently expect. These factors include changes in market and
competition, governmental or regulatory developments and general economic
    %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 207653 4253; Grant Thornton Corporate Finance (Nomad):
Fiona Owen, +44 207 383 5100; GMP Securities L.P.: Mark Wellings, (416)
367-8600; Haywood Securities: John Willett, (416) 507-2345

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