Platinum Group Metals Adds to Senior Management Team

VANCOUVER, BRITISH COLUMBIA and JOHANNESBURG, SOUTH AFRICA–(Marketwire – Nov. 1, 2011) – Platinum Group Metals Ltd. (TSX:PTM)(NYSE Amex:PLG) (“Platinum Group” or the “Company”) announces the appointment of Mr. Mlibo Mgudlwa as Vice-President of Platinum Group Metals (RSA) (Pty) Ltd. and Mr. Kris Begic as Vice-President of Corporate Development of Platinum Group Metals Ltd.