WGR - Witwatersrand Consolidated Gold Resources Limited - Further cautionary

WGR - Witwatersrand Consolidated Gold Resources Limited - Further cautionary    
announcement                                                                    
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")                                                  
Further cautionary announcement                                                 
Further to the cautionary announcement dated 16 November 2011, Shareholders     
are advised that negotiations are still in progress, which if successfully      
concluded, may have a material effect on the price of the Company`s             
securities.                                                                     
Accordingly, Shareholders are advised to continue exercising caution when       
dealing in the Company`s securities until a full announcement is made.          
28 December 2011                                                                
Sponsor                                                                         
PricewaterhouseCoopers Corporate Finance (Proprietary) Limited                  
(Registration number 1970/003711/07)                                            
Date: 28/12/2011 07:05:01 Supplied by www.sharenet.co.za                     
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