Directors Dealings 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’) Dealings in Securities by Directors and Officers The Wits Gold Share Incentive and Retention Scheme was approved at the Company’s Annual General Meeting held on 12 October 2007. In terms of the rules of the Scheme, all Company employees become eligible to participate therein and to acquire shares at no cost to the employee. The current shares were allocated to each participant in February 2010, vesting annually over a three year period, and are the final shares to vest. Accordingly, in terms of rule 3.70 of the JSE requirements, the directors have no discretion in the directors’ dealing transactions. All shares awarded in terms of this scheme were fully issued prior to the Company’s listing on the JSE Ltd in April 2006 and therefore do not dilute the existing shareholders. Accordingly, in compliance with Rules 3.63 - 3.74 of the JSE Listings Requirements, Wits Gold wishes to disclose the following dealings relevant to its directors and officers: Company Director: AR Fleming Number of shares: 2 329 Date of transaction: 14 November 2012 Price per share: R0 Value based on 14 November 2012 Closing price of R18,00 R41 922 Class of shares: Ordinary Nature of transaction: Allocation of shares under Share Incentive & Retention Scheme Nature of interest: Direct beneficial Clearance to deal was granted: Yes Company Director: T Mokoena Number of shares: 2 329 Date of transaction: 14 November 2012 Price per share: R0 Value based on 14 November 2012 Closing price of R18,00 R41 922 Class of shares: Ordinary Nature of transaction: Allocation of shares under Share Incentive & Retention Scheme Nature of interest: Direct beneficial Clearance to deal was granted: Yes Company Director: H Mathe Number of shares: 2 329 Date of transaction: 14 November 2012 Price per share: R0 Value based on 14 November 2012 Closing price of R18,00 R41 922 Class of shares: Ordinary Nature of transaction: Allocation of shares under Share Incentive & Retention Scheme Nature of interest: Direct beneficial Clearance to deal was granted: Yes Company Director: G Wilson Number of shares: 2 329 Date of transaction: 14 November 2012 Price per share: R0 Value based on 14 November 2012 Closing price of R18,00 R41 922 Class of shares: Ordinary Nature of transaction: Allocation of shares under Share Incentive & Retention Scheme Nature of interest: Direct beneficial Clearance to deal was granted: Yes Company Secretary: BJ Dowden Number of shares: 2 329 Date of transaction: 14 November 2011 Price per share: R0 Value based on 14 November 2012 Closing price of R18,00 R41 922 Class of shares: Ordinary Nature of transaction: Allocation of shares under Share Incentive & Retention Scheme Nature of interest: Indirect beneficial Clearance to deal was granted: Yes Company Director: DM Urquhart Number of shares: 8 950 Date of transaction: 14 November 2012 Price per share: R0 Value based on 14 November 2012 Closing price of R18,00 R161 100 Class of shares: Ordinary Nature of transaction: Allocation of shares under Share Incentive & Retention Scheme Nature of interest: Direct beneficial Clearance to deal was granted: Yes These transactions where done off-market Johannesburg 16 November 2012 Sponsor PricewaterhouseCoopers Corporate Finance (Pty) Ltd Date: 16/11/2012 03:30:00 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.