WITWATERSRAND CONS GOLD RESOURCES - Directors Dealings

Directors Dealings

Witwatersrand Consolidated Gold Resources Limited
(Incorporated in the Republic of South Africa)
Registration Number 2002/031365/06
JSE Code: WGR
ISIN: ZAE000079703
TSX Code: WGR
CUSIP NUMBER: S98297104
(‘Wits Gold’ or ‘the Company’)

Dealings in Securities by Directors and Officers

The Wits Gold Share Incentive and Retention Scheme was approved at the
Company’s Annual General Meeting held on 12 October 2007. In terms of
the rules of the Scheme, all Company employees become eligible to
participate therein and to acquire shares at no cost to the employee.
The current shares were allocated to each participant in February 2010,
vesting annually over a three year period, and are the final shares to
vest. Accordingly, in terms of rule 3.70 of the JSE requirements, the
directors have no discretion in the directors’ dealing transactions.
All shares awarded in terms of this scheme were fully issued prior to
the Company’s listing on the JSE Ltd in April 2006 and therefore do not
dilute the existing shareholders.

Accordingly, in compliance with Rules 3.63 - 3.74 of the JSE Listings
Requirements, Wits Gold wishes to disclose the following dealings
relevant to its directors and officers:

Company Director:                AR Fleming
Number of shares:                2 329
Date of transaction:             14 November 2012
Price per share:                 R0
Value based on
14 November 2012
Closing price of R18,00          R41 922
Class of shares:                 Ordinary
Nature of transaction:           Allocation of shares under Share
                                 Incentive & Retention Scheme
Nature of interest:              Direct beneficial
Clearance to deal was granted:   Yes

Company Director:                T Mokoena
Number of shares:                2 329
Date of transaction:             14 November 2012
Price per share:                 R0
Value based on
14 November 2012
Closing price of R18,00          R41 922
Class of shares:                 Ordinary
Nature of transaction:           Allocation of shares under Share
                                 Incentive & Retention Scheme
Nature of interest:              Direct beneficial
Clearance to deal was granted:   Yes

 Company Director:               H Mathe
Number of shares:                2 329
Date of transaction:             14 November 2012
Price per share:                 R0
Value based on
14 November 2012
Closing price of R18,00          R41 922
Class of shares:                 Ordinary
Nature of transaction:           Allocation of shares under Share
                                 Incentive & Retention Scheme
Nature of interest:              Direct beneficial
Clearance to deal was granted:   Yes

Company Director:                G Wilson
Number of shares:                2 329
Date of transaction:             14 November 2012
Price per share:                 R0
Value based on
14 November 2012
Closing price of R18,00          R41 922
Class of shares:                 Ordinary
Nature of transaction:           Allocation of shares under Share
                                 Incentive & Retention Scheme
Nature of interest:              Direct beneficial
Clearance to deal was granted:   Yes

Company Secretary:               BJ Dowden
Number of shares:                2 329
Date of transaction:             14 November 2011
Price per share:                 R0
Value based on
14 November 2012
Closing price of R18,00          R41 922
Class of shares:                 Ordinary
Nature of transaction:           Allocation of shares under Share
                                 Incentive & Retention Scheme
Nature of interest:              Indirect beneficial
Clearance to deal was granted:   Yes

Company Director:                DM Urquhart
Number of shares:                8 950
Date of transaction:             14 November 2012
Price per share:                 R0
Value based on
14 November 2012
Closing price of R18,00          R161 100
Class of shares:                 Ordinary
Nature of transaction:           Allocation of shares under Share
                                 Incentive & Retention Scheme
Nature of interest:              Direct beneficial
Clearance to deal was granted:   Yes

These transactions where done off-market


Johannesburg
16 November 2012

Sponsor
PricewaterhouseCoopers Corporate Finance (Pty) Ltd

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