Platinum Australia Limited (ASX: PLA AU)

Platinum Australia Limited (ASX: PLA AU) is committed to discovering and developing Platinum Group Metal (“PGM”) Projects in Australia and around the world. In South Africa, the company is developing the Smokey Hills PGM Project which is scheduled to commence production in the first half of 2008. This project consists of an open pit and underground mining operation with an onsite processing facility capable of producing ~100,000 oz 4E PGM per annum. For further information, visit the Company’s web site at www.platinumaus.com.au.