MWNT - Mine Waste Solutions (Proprietary) Limited - Distribution

MWNT - Mine Waste Solutions (Proprietary) Limited - Distribution                
announcement                                                                    
Mine Waste Solutions (Proprietary) Limited                                      
(Incorporated in the Republic of South Africa)                                  
(Registration number2000/1443/07)                                               
(a wholly owned subsidiary of First Uranium Corporation)                        
JSE code MWNT, ISIN: ZAE000156261                                               
("Mine Waste Solutions", "MWS" or "the Company")                                
DISTRIBUTION ANNOUNCEMENT                                                       
Notice is hereby given that the following dates are of importance in regard     
to the semi-annual interest payment to Rand Note Holders.                       
Last date to trade cum interest:        Friday, 23 March 2012                   
Ex-interest Date:                       Monday, 26 March 2012                   
Record date                             Friday, 30 March 2012                   
Interest Payment Date:                  Monday   2 April 2012                   
The rate of interest stipulated in the Rand Notes Indenture, being R55,00       
per Rand Note (ZAR1000), is calculated using the nominal rate method of         
calculation and will not be calculated using the effective rate method of       
calculation or any other basis that gives effect to the principle of deemed     
re-investment of interest.                                                      
26 March 2012                                                                   
Sponsor:                                                                        
Investec Bank Limited                                                           
Date: 26/03/2012 15:06:01 Supplied by www.sharenet.co.za                     
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