Sylvania Platinum : Share Buyback Programme Update

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Sylvania Platinum Limited

("Sylvania" or "the Company")

AIM (SLP)

Extended Share Buyback Programme Update

04 January 2018

With reference to the Share Buyback Programme (the "Programme") announced on 21 August 2017 and the extensions thereof announced on 1 November 2017 and 21 December 2017, the Company announces that between 15 December 2017 and 29 December 2017, a total of 48,661 Ordinary $0.01 Shares ("Ordinary Shares") were purchased from non-UK based shareholders at a price of A$0.1619 per Ordinary Share. This brings the total purchased during the course of the Programme to 1,957,306, Ordinary Shares.

Ordinary Shares bought back in accordance with this Programme will be held in treasury to be cancelled.

Following the above transaction, the Company's issued share capital is 291,133,661 Ordinary Shares, of which a total of 4,537,301 Ordinary Shares are held in Treasury. Therefore, the total number of Ordinary Shares with voting rights in Sylvania is 286,596,360 Ordinary Shares.

CORPORATE INFORMATION

Registered office:

Sylvania Platinum Limited Clarendon House

2 Church Street Hamilton HM 11 Bermuda

Postal address:

PO Box 976 Florida Hills, 1716 South Africa

Sylvania Website:www.sylvaniaplatinum.com

CONTACT DETAILS

For further information, please contact: Terence McConnachie (Chief Executive Officer)

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Nominated Advisor and Broker

Liberum Capital Limited

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Richard Crawley / Neil Elliot

Facilitator Bennett & Co

David Sanders / Heidi Gan

Communications Alma PR Limited

Josh Royston / Helena Bogle / Hilary Buchanan

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