GREAT BASIN GOLD LIMITED - Changes to the Board and appointment of a Director

Changes to the Board and appointment of a Director

GREAT BASIN GOLD LIMITED
(Incorporated in Canada and registered as an External Company
in South Africa)
(Registration No. 2006/021304/10)
Share Code: GBG ISIN Number: CA3901241057
("GBG" or "the Company”)


CHANGES AND APPOINTMENT TO THE BOARD


Following the resignation of Mr Ferdi Dippenaar as CEO
announced on SENS on 15 August 2012, Mr Lou Van Vuuren, the
Company’s Chief Financial Officer (“CFO”) has been appointed
as Interim CEO and executive director, both with immediate
effect. In addition, Patrick Cooke, an independent non-
executive director of the Company, will temporarily serve as
an unremunerated Interim CFO.


16 August 2012


Sponsor

Sasfin Capital
(a division of Sasfin Bank Limited)

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