Dealing in securities by directors of Village 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") DEALING IN SECURITIES BY DIRECTORS OF VILLAGE Shareholders are advised of the following information relating to the dealing in securities by directors of Village. Name of director: Richard de Villiers Transaction date: 26 September 2012 Class of securities: Ordinary shares Number of securities: 21 960 Price per security: R1.21 Total value: R26 571.60 Nature of transaction: On-market sale to meet costs of taxation in respect of the vesting of shares under the Forfeitable Share Plan Nature and extent of director’s interest: Direct beneficial Clearance to deal received: Yes Name of director: Richard de Villiers Transaction date: 26 September 2012 Class of securities: Ordinary shares Number of securities: 21 599 Price per security: R1.23 Total value: R26 566.77 Nature of transaction: On-market sale to meet costs of taxation in respect of the vesting of shares under the Forfeitable Share Plan Nature and extent of director’s interest: Direct beneficial Clearance to deal received: Yes Name of director: Richard de Villiers Transaction date: 26 September 2012 Class of securities: Ordinary shares Number of securities: 65 373 Price per security: R1.25 Total value: R81 716.25 Nature of transaction: On-market sale to meet costs of taxation in respect of the vesting of shares under the Forfeitable Share Plan Nature and extent of director’s interest: Direct beneficial Clearance to deal received: Yes Name of director: Richard de Villiers Transaction date: 26 September 2012 Class of securities: Ordinary shares Number of securities: 39 554 Price per security: R1.27 Total value: R50 233.58 Nature of transaction: On-market sale to meet costs of taxation in respect of the vesting of shares under the Forfeitable Share Plan Nature and extent of director’s interest: Direct beneficial Clearance to deal received: Yes 2 Name of director: Richard de Villiers Transaction date: 26 September 2012 Class of securities: Ordinary shares Number of securities: 32 716 Price per security: R1.28 Total value: R41 876.48 Nature of transaction: On-market sale to meet costs of taxation in respect of the vesting of shares under the Forfeitable Share Plan Nature and extent of director’s interest: Direct beneficial Clearance to deal received: Yes Name of director: Dalu Ncube Transaction date: 26 September 2012 Class of securities: Ordinary shares Number of securities: 21 958 Price per security: R1.21 Total value: R26 569.18 Nature of transaction: On-market sale to meet costs of taxation in respect of the vesting of shares under the Forfeitable Share Plan Nature and extent of director’s interest: Direct beneficial Clearance to deal received: Yes Name of director: Dalu Ncube Transaction date: 26 September 2012 Class of securities: Ordinary shares Number of securities: 21 601 Price per security: R1.23 Total value: R26 569.23 Nature of transaction: On-market sale to meet costs of taxation in respect of the vesting of shares under the Forfeitable Share Plan Nature and extent of director’s interest: Direct beneficial Clearance to deal received: Yes Name of director: Dalu Ncube Transaction date: 26 September 2012 Class of securities: Ordinary shares Number of securities: 65 372 Price per security: R1.25 Total value: R81 715.00 Nature of transaction: On-market sale to meet costs of taxation in respect of the vesting of shares under the Forfeitable Share Plan Nature and extent of director’s interest: Direct beneficial Clearance to deal received: Yes Name of director: Dalu Ncube Transaction date: 26 September 2012 Class of securities: Ordinary shares Number of securities: 39 555 Price per security: R1.27 Total value: R50 234.85 Nature of transaction: On-market sale to meet costs of taxation in respect of the vesting of shares under the Forfeitable Share Plan Nature and extent of director’s interest: Direct beneficial Clearance to deal received: Yes 3 Name of director: Dalu Ncube Transaction date: 26 September 2012 Class of securities: Ordinary shares Number of securities: 32 716 Price per security: R1.28 Total value: R41 876.48 Nature of transaction: On-market sale to meet costs of taxation in respect of the vesting of shares under the Forfeitable Share Plan Nature and extent of director’s interest: Direct beneficial Clearance to deal received: Yes Name of director: Roy Pitchford Transaction date: 26 September 2012 Class of securities: Ordinary shares Number of securities: 97 000 Price per security: R1.27 Total value: R123 190.00 Nature of transaction: On-market purchase Nature and extent of director’s interest: Direct beneficial Clearance to deal received: Yes Name of director: Sandeep Gandhi Transaction date: 27 September 2012 Class of securities: Ordinary shares Number of securities: 806 Price per security: R1.25 Total value: R1007.50 Nature of transaction: On-market purchase Nature and extent of director’s interest: Direct beneficial Clearance to deal received: Yes Name of director: Sandeep Gandhi Transaction date: 27 September 2012 Class of securities: Ordinary shares Number of securities: 9 194 Price per security: R1.26 Total value: R11 584.44 Nature of transaction: On-market purchase Nature and extent of director’s interest: Direct beneficial Clearance to deal received: Yes 28 September 2012 Sponsor Java Capital Date: 28/09/2012 10:52:00 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.