Closing announcement SENTULA MINING LIMITED Incorporated in the Republic of South Africa (Registration number: 1992/001973/06) Share code: SNU ISIN: ZAE000107223 (“Sentula”) ANNOUNCEMENT RELATING TO THE INTRODUCTION OF THEBE MINING RESOURCES PROPRIETARY) LIMITED AS SENTULA’s STRATEGIC BLACK ECONOMIC EMPOWERMENT PARTNER Shareholders of Sentula (“Shareholders”) are referred to the announcement released on the Securities Exchange News Service of the JSE Limited on Monday, 29 October 2012 and published in the press on Tuesday, 30 October 2012, which sets out the terms of the proposed introduction of Thebe Mining Resources (Proprietary) Limited (through its wholly-owned subsidiary, Main Street 1057 Proprietary Limited) as Sentula’s Strategic Black Economic Empowerment Partner as a 40% shareholder in Sentula’s existing empowerment consortium, Shanike Investments No 171 Proprietary Limited (RF) (“Transaction”). Shareholders are advised that the conditions precedent to the Transaction have now been fulfilled and accordingly the Transaction has been implemented in accordance with its terms. Johannesburg 12 December 2012 Investment bank and transaction sponsor The Standard Bank of South Africa Limited Sponsor Merchantec Capital Attorneys and legal advisors Edward Nathan Sonnenbergs Inc. IR Advisors College Hill Financial advisor to the Anglo American Khula Mining Fund Vunani Corporate Finance 1 Date: 12/12/2012 04:45:00 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.