VIL - Village Main Reef Limited - Results of the written consent process in

VIL - Village Main Reef Limited - Results of the written consent process in     
relation to resolutions of shareholders of village in terms of section 60 of the
companies ACT, 2008                                                             
Village Main Reef Limited                                                       
(formerly known as Village Main Reef Gold Mining Company (1934) Limited)        
(Registration number 1934/0057034/06)                                           
Share Code: VIL                                                                 
ISIN: ZAE000154761                                                              
("Village")                                                                     
RESULTS OF THE WRITTEN CONSENT PROCESS IN RELATION TO RESOLUTIONS OF            
SHAREHOLDERS OF VILLAGE IN TERMS OF SECTION 60 OF THE COMPANIES ACT, 2008 (the  
"Act")                                                                          
Shareholders are referred to the announcement released on SENS on 14 June 2011, 
regarding the proposed special resolutions relating to:                         
-    the provision of financial assistance (as defined in the Act) to a related 
company (as defined in the Act)or an inter-related company (as defined in   
    the Act)in terms of section 45 of the Act; and                              
-    the payment of remuneration to Village`s directors as directors in terms of
    section 66 of the Act,                                                      
which proposed special resolutions were submitted to shareholders of Village for
consideration by written consent of shareholders in terms of section 60 of the  
Act.                                                                            
Shareholders are advised that each of the proposed special resolutions were     
supported by written consent of persons entitled to exercise voting rights      
thereon and holding 90.21% of the voting rights in Village as at 24 June 2011   
and accordingly each of the proposed special resolutions have been adopted by   
Village in terms of section 60(2) of the Act.                                   
Village will deliver a statement in accordance with section 60(4) of the Act to 
every shareholder recorded in the Village register on 24 June 2011.             
28 June 2011                                                                    
Sponsor                                                                         
Java Capital                                                                    
Date: 28/06/2011 15:26:03 Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department.                  
The SENS service is an information dissemination service administered by the    
JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or            
implicitly, represent, warrant or in any way guarantee the truth, accuracy or   
completeness of the information published on SENS. The JSE, their officers,     
employees and agents accept no liability for (or in respect of) any direct,     
indirect, incidental or consequential loss or damage of any kind or nature,     
howsoever arising, from the use of SENS or the use of, or reliance on,          
information disseminated through SENS.