VILLAGE MAIN REEF LIMITED - Update on unprotected industrial action

Update on unprotected industrial action

VILLAGE MAIN REEF LIMITED
(Incorporated in the Republic of South Africa)
(formerly known as Village Main Reef Gold Mining Company (1934) Limited)
(Registration number 1934/0057034/06)
Share Code: VIL ISIN: ZAE000154761
(“the Company”)


UPDATE ON UNPROTECTED INDUSTRIAL ACTION

The Company advises that it has sought and obtained a court interdict under section 158 of the Labour
Relations Act (the “Act”) following the unprotected industrial action that began at the Blyvooruitzicht Mine
yesterday, 1 October 2012.

In line with the Act, the Company may issue an ultimatum to striking employees depending upon the
outcome of a mass meeting held at the operation today. The Company has sought to engage with
employee representatives to avoid the inevitable dismissals should this process take its course.

Contacts
Village Joint CEO
Marius Saaiman
Email: msaaiman@villagemainreef.co.za
Mobile: 082 458 3420

Investor and media relations
Russell and Associates
Charmane Russell/Memory Johnstone
Email: charmane@rair.co.za/memory@rair.co.za
Tel: 011 880 3924

2 October 2012

Sponsor

Java Capital

Date: 02/10/2012 03:02:00 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.