Side one
01. Platinum Part One: Airborne
02. Platinum Part Two: Platinum
03. Platinum Part Three: Charleston
04. Platinum Part Four: North Star /
Platinum Finale

Side two
01. Woodhenge
02. Sally
03. Punkadiddle
04. I Got Rhythm

Platinum is the fifth record album by Mike Oldfield, released in 1979 on Virgin Records. It was Oldfield's first album to feature songs and cover material. A slightly different version of the album was released in the United States and Canada and titled Airborn.

The album peaked at #24 on the UK Albums Chart. It spent 6 weeks on the Norwegian charts, peaking at #24. The In Concert 1980 tour, which ran from April to December of that year, was in promotion of the album.

The first side of LP features the nearly twenty-minute piece "Platinum" that is divided in four parts.

The first two parts of Platinum can be taken as a form of instrumental progressive rock. Those compositions rely on strong melody played mostly with electric guitar. Part I, "Airborne" is in a slow tempo and has many changes, while Part II, "Platinum" introduces a simple groove rhythm and a more repetitive song structure. Part I was used as the theme tune for the 1980s BBC children's quiz show, First Class.

Part III, "Charleston", is humorous and intentionally naive, with a simplistic rhythm and swinging melody that is partly played by a horn section. A female vocalist adds some "spooky" bits while Oldfield himself makes some scat vocals in whispering voice.

Part IV features an excerpt from the 1977 Philip Glass work "North Star" (hence the subtitle). The constant bass drum beat and octave-jumping bass line (both borrowed from disco music) start the part and guitar joins with melody later. A funky guitar riff and chorus appear, and the lead guitar continues to play the melody over them.

There is an interesting note regarding the song "Sally," written and sung by Oldfield and Nico Ramsden as a tribute to Mike's girlfriend at the time, Sally Cooper (who features on the album). It's a rather silly song, with the chorus

"Sally" also appears to have been the start of Mike Oldfield's fascination with voice distortion gadgets (vocoders, equalizers, etc.), which would continue through many albums, most particularly Five Miles Out.

"Sally" was removed from the album (possibly on the orders of Richard Branson) and replaced with "Into Wonderland", sung by Wendy Roberts. Curiously though, the album covers still say "Sally" to this day. Only the earliest pressings of the LP have "Sally" included as part of the original track listing, and bootleg recordings of the song are a popular trade item with fans.

"Punkadiddle" is thought by many to be Oldfield's jocular take on punk music, a genre which he has claimed in the past to be not at all impressed with. In fact, Virgin Records' rampant signing and promotion of many punk bands while not promoting Oldfield's albums is seen as one of the sources of the rift between him and the company. When the track was performed by Oldfield on tour, he and his band would all perform the song bare-chested.

"I Got Rhythm" is a cover version of the song by George and Ira Gershwin.

"Woodhenge" appears on the standard Platinum release of the album; however it is replaced on the Airborn release by the disco track, "Guilty". "Guilty" had been recorded at the same time as Platinum, but not included with the standard album.

Is the title of an alternate version of the Platinum album by Mike Oldfield released in North America in 1980. It is identical except that "Woodhenge" is replaced by "Guilty", a fast-paced live track based on a theme from Incantations. Certain tracks appear to be pressed at arbitrarily higher speeds than on the original UK pressing of Platinum.

Single LP
Side one
01. "Platinum Part One: Airborn" – 4:59
02. "Platinum Part Two: Platinum" – 4:36
03. "Platinum Part Three: Charleston" – 3:11
04. "Platinum Part Four: North Star / Platinum Finale" – 4:36
Side two
01. "Guilty" – 3:48
02. "Into Wonderland" (misprinted as "Sally") – 3:36
03. "Punkadiddle" – 5:39
04. "I Got Rhythm" – 4:35

Double LP version
There is also a double LP release, with one LP being a version of Platinum (as above), the other having an alternate live version of Tubular Bells side one from the same tour that produced Exposed, and a mix of studio and live elements of Incantations and Tubular Bells side 2. This also came out in on cassette in 1980 as a Limited Edition Double Play tape.
Side three
01. "Tubular Bells (Part 1)" (live) (European Tour March–April 1979) – 23:40
Side four
01. "Incantations" (studio & live) (European Tour March–April 1979) – 19:26

Oldfield seems to have utilised his Gibson L6-S Custom a lot on the album. Synthesizers that appear on the album include a Roland SH-2000 and Sequential Circuits Prophet synthesisers.

When Oldfield was in New York recording Platinum and "Guilty" he recorded a disco arrangement of his first album, Tubular Bells. A version of Free's "All Right Now" was also recorded during these sessions. It was used as the theme for a television music programme also called Alright Now. The vocals are by Wendy Roberts, while Pierre Moerlen and Tom Newman also contributed.

The album was recorded at Electric Lady & Blue Rock in the USA, Througham, Denham, & The Manor in the UK. The album was mixed at Air Studios in London.

• Mike Oldfield – acoustic guitars, electric guitars, marimba, piano, synthesizers, vibraphone and vocals.
• Francisco Centeno – bass guitar
• Sally Cooper – tubular bells
• Demelza – congas (credited as "Demalza")
• Neil Jason – bass
• Peter Lemer – keyboards
• Pierre Moerlen – drums and vibraphone (credited as "Pierre Moerlin")
• Morris Pert – drums (credited as "Maurice Pert")
• Nico Ramsden – keyboards
• Wendy Roberts – vocals
• Hansford Rowe – bass
• Allan Schwartzberg – drums
• David Bedford – vocal arrangement
• Peter Gordon – horn arrangement
• Michael Riesman – horn arrangement
• Kurt Munkacsi – engineer
• Tom Newman – producer and engineer
• Richard Manwaring – assistant engineer
• Renate Blauel – assistant engineer

Side one
01. Platinum Part One: Airborne
02. Platinum Part Two: Platinum
03. Platinum Part Three: Charleston
04. Platinum Part Four: North Star /
Platinum Finale

Side two
01. Woodhenge
02. Into Wonderland
(missprinted as "Sally")
03. Punkadiddle
04. I Got Rhythm

The album will be re-released by Mercury Records on 23 July 2012. This comes as part of a deal in which Oldfield's Virgin albums were transferred to the label. It is being released on the same day as QE2 and a year after the last Universal reissue of Incantations. The first disc is the original recording remastered with bonus material, and the second disc (available in the deluxe edition) is a live concert recorded at the time of the album's original release.

Disc 1
01. "Part One - Airborn" 5:06
02. "Part Two - Platinum" 6:06
03. "Part Three - Charleston" 3:17
04. "Part Four - North Star" / "Platinum Finale" 4:44
05. "Woodhenge" 4:05
06. "Into Wonderland" 3:46
07. "Punkadiddle" 5:46
08. "I Got Rhythm" 4:50
09. "Platinum" (Live Studio Session) 5:12
10. "North Star" (2012 mix) 8:07
11. "Blue Peter" 2:06

Disc 2 - Live at Wembley Arena, May 1980
01. "Platinum" 20:43
02. "Punkadiddle" 5:17
03. "I Got Rhythm" 4:59
04. "Polka" 3:42
05. "Incantations" 22:14
06. "Tubular Bells Part II" 8:53
07. "Guilty" / "Tubular Bells Part I Finale" 5:45
08. "Blue Peter" / "Portsmouth" 3:38
09. "William Tell" 2:27