Sylvania (AIM: SLP) announces that the Group has today bought back 38,500 Ordinary Shares of $0.01 each ('Ordinary Shares') in the Company, from an employee.

Ordinary Shares were purchased at the 30-day VWAP price of 120.78 pence per Ordinary Share and placed into Treasury.

Following the purchase of these shares, the Company's issued share capital is 286,155,657 Ordinary Shares, of which a total of 13,585,542 Ordinary Shares are held in Treasury. Therefore, the total number of Ordinary Shares with voting rights is 272,570,115.

Contact:

Jaco Prinsloo

Tel: +27 11 673 1171

About Sylvania Platinum Limited

Sylvania Platinum is a lower-cost producer of platinum group metals (PGM) (platinum, palladium and rhodium) with operations located in South Africa. The Sylvania Dump Operations (SDO) comprises six chrome beneficiation and PGM processing plants focusing on the retreatment of PGM-rich chrome tailings materials from mines in the Bushveld Igneous Complex. The SDO is the largest PGM producer from chrome tailings re-treatment in the industry. The Group also holds mining rights for PGM projects and a chrome prospect in the Northern Limb of the Bushveld Complex.

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse regulation (EU) no.596/2014 as amended by the Market Abuse (Amendment) (EU Exit) Regulations 2019.

For the purposes of MAR and Article 2 of Commission Implementing Regulation (EU) 2016/1055, this announcement is being made on behalf of the Company by Jaco Prinsloo.

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