Withdrawal of Cautionary Announcement VILLAGE MAIN REEF LIMITED (Incorporated in the Republic of South Africa) (formerly known as Village Main Reef Gold Mining Company (1934) Limited) (Registration number 1934/005703/06) Share Code: VIL ISIN: ZAE000154761 (“Village” or “the Company”) WITHDRAWAL OF CAUTIONARY ANNOUNCEMENT Shareholders are referred to the cautionary announcement dated 12 November 2012 and are advised that the Company has successfully established a R1 billion domestic medium term note program (“DMTN”) to be listed on the JSE. Village will seek to issue between R350 million and R500 million under the program during January 2013, at market related interest rates for an issue with a tenure of no longer than 36 months. As part of the establishment of the facility, Global Credit Ratings (Proprietary) Limited reviewed the Company’s activities and awarded Village a BBB stable credit rating. As all information in relation to the bond issue has now been disclosed to shareholders, caution is no longer required to be exercised by shareholders when dealing in their securities. Contacts Village Joint CEO Marius Saaiman Email: msaaiman@villagemainreef.co.za Mobile: 082 458 3420 Investor and media relations Village Main Reef Cheryl Walton Email: cwalton@villagemainreef.co.za Tel: 011 274 4610 Debt Sponsor Rencap Securities (Pty) Limited Leon Krynauw Email: lkrynauw@rencap.com Tel: 011 750 1438 3 December 2012 Sponsor Java Capital Debt Sponsor Renaissance Capital Date: 03/12/2012 11:04:00 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.