Positive Independent Feasibility Study for Platinum Group Metals' Project 1 Platinum Mine

Market Wire, July, 2008

U.S. investors are urged to consider closely the disclosure in our Form 40-F, File No. 0-30306, which may be secured from us, or from the SEC's website at: http://sec.gov/edgar.shtml . Mineral resources that are not mineral reserves do not have demonstrated economic viability.

The TSX Exchange and the American Stock Exchange have not reviewed and do not accept responsibility for the accuracy or adequacy of this news release, which has been prepared by management.

Contacts: Platinum Group Metals Ltd. R. Michael Jones President (604) 899-5450 or Toll Free: 1-866-899-5450 Platinum Group Metals Ltd. John Foulkes Manager Corporate Development (604) 899-5450 or Toll Free: 1-866-899-5450 (604) 484-4710 (FAX) Website: www.platinumgroupmetals.net

 

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