PPN Platmin

TIDMPPN

RNS Number : 3310E

Platmin Limited

05 April 2011

Appointment of Mr Craig Shaw as Platmin's new Chief Financial Officer

05 April 2011, Toronto: Platmin Limited ("Platmin" or the "Company") (TSX/AIM: PPN; JSE: PLN) today announced the appointment of Mr Craig Shaw as Chief Financial Officer. Mr Wayne Koonin, Platmin's current CFO, will hand over his responsibilities to Mr Shaw during the course of April.

Mr Shaw qualified as a chartered accountant in 1994 and started his career with KPMG. For the past 14 years, Mr Shaw has worked in the resources sector and investment banking environment in South Africa, the Europe and the Middle East. He is currently Joint Head of the Natural Resources/Mining Corporate Finance team at Investec Corporate Finance, a division of Investec Bank Limited.

Prior to joining Investec, Mr Shaw managed various listings on the London Stock Exchange and was the CFO of Cunico Nickel. Cunico has operations in Europe, the Middle East and Asia.

Platmin's chairman Brian Gilbertson said: "We are delighted to have attracted a CFO of the calibre of Craig Shaw. As Platmin is growing and evolving - both organically and through corporate activities - Craig's talent and experience will be important assets for the company. Craig has established a proven track-record in excellence and delivery, both as a leader and a team-player."

About Platmin

Platmin's primary asset is the Pilanesburg Platinum Mine, which is currently building up to full production. The focus of the Company is on achieving the metal production forecasts predicted in the bankable feasibility study for the mine and participating, through judicious investment, in the considerable value creation potential which lies in the optimal development and exploitation of the western limb of the Bushveld Complex. Platmin also holds interests in projects on the eastern limb.

For further information

Charmane Russell Russell & Associates +27 11 880 3924 +27 82 372 5816

This information is provided by RNS

The company news service from the London Stock Exchange

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