Appointment of New Group Geologist

Goldplat plc, the AIM listed gold producer, has appointed Mark Austin as Group Geologist. His appointment further strengthens the Company's team as it focuses on creating increased value from its assets and developing its strategy of expanding into gold mining through the acquisition of known deposits with targets of between 200,000 and two million ounces of gold contained.

Mr. Austin has been working in the South African mining industry since 1981 in various positions, both in mine management and geology. Prior to joining Goldplat, he was Vice President Operations for AIM listed Mano River Resources, where he completed a feasibility study for its Liberian gold property. Other key positions he has held include Gold Division Consulting Geologist for JCI and Senior Generative Geologist for Placer Dome Exploration Africa.

Goldplat CEO Demetri Manolis said, "Mark has extensive experience in exploration and mining geology as well as considerable management experience having managed various gold and diamond mines across Africa . We are delighted to have attracted such a high-calibre professional to the team who we believe will help us drive the business forward and fulfil our aim of becoming a leading mid-tier mining house."

Note: Mr. Austin has been appointed as Group Geologist, which is a non-board position.

For further information visit www.goldplat.com or contact:
Demetri Manolis, CEO Goldplat plc, Tel: +27 11 423 1203, Mob: +27 82 454 7392
James Joyce WH Ireland Limited, Tel: +44 (0)20 7220 1666
Isabel Crossley St Brides Media & Finance Ltd, Tel: +44 (0)20 7242 4477