Appointment To The Board Of Directors Central Rand Gold Limited (Incorporated as a company with limited liability under the laws of Guernsey, Company Number 45108) (Incorporated as an external company with limited liability under the laws of South Africa, Registration number 2007/0192231/10) ISIN: GG00B92NXM24 LSE share code: CRND JSE share code: CRD ("Central Rand Gold" or the “Company”) APPOINTMENT TO THE BOARD OF DIRECTORS Central Rand Gold today is pleased to announce that on 19 September 2013, Mr Nathan Taylor, representing Redstone Capital Limited, was appointed to the Board of Directors of Central Rand Gold (“Board”) as a Non-Executive Director. Mr Taylor (age 32) has significant experience in establishing and managing mining companies. Mr Taylor currently serves as a Non- Executive Director of Stonewall Resources Limited (ASX:SWJ), Kogi Iron Limited (ASX:KFE), Mandalong Resources Limited (ASX:MDD) and Torian Resources Limited (ASX:TNR). In addition, Mr Taylor brings to the Board significant mergers and acquisitions and capital markets experience having worked on numerous domestic and cross border transactions throughout his career. Mr Taylor started his career as a corporate lawyer for Blake Dawson before working for UBS AG and Macquarie Bank Limited in their equity capital markets division. Most recently, Mr Taylor was Head of Mergers and Acquisitions at BBY Limited. Commenting on Mr Taylor’s appointment, Mr Johan Du Toit, Chief Executive Officer, said: “We are delighted to welcome Mr Taylor onto the Board. He brings substantial experience in capital raising, banking and finance matters as well as multi-national mergers and acquisitions expertise within the resources sector. Such experience will add further value to the Company as we seek to fully capitalise on the significant resource opportunities that exist within the Group’s licences.” For further information, please contact: Central Rand Gold +27 (0) 11 674 2304 Johan du Toit / Patrick Malaza Charles Stanley Securities +44 (0) 20 7149 6478 Marc Milmo / Mark Taylor / Carl Holmes Merchantec Capital +27 (0) 11 325 6363 Monique Martinez / Marcel Goncalves Buchanan +44 (0) 20 7466 5000 Bobby Morse / Louise Mason Jenni Newman Public Relations +27 (0) 11 506 7351 Proprietary Limited Jenni Newman Johannesburg 20 September 2013 Sponsor Merchantec Capital Details of directorships that Nathan Taylor current holds or has held in the previous five years are given below: Current Directorships: Cluff Minerals (Aust) Proprietary Limited Nsw Gold N L Torian Exploration Proprietary Limited Torian Resources NL Coseco Services Proprietary Limited KCM Mining Holdings Proprietary Limited Kogi Iron Limited Longhorn Capital Partners Proprietary Limited Lydus Minerals Limited Mandalong Resources Limited ROC Salt Limited Stonewall Resources Limited Past Directorships: Antipodean Group Proprietary Limited FTD Corporation Hidroco Limited Mandalay Iron Proprietary Limited Minbos Resources Limited Soaring Corporate Proprietary Limited Ulysses Coal Proprietary Limited Save for the aforementioned declarations, there is no further information to be disclosed under Rule 17 or Schedule Two paragraph (g) of the AIM Rules for Companies in connection with the appointment of Mr Taylor to the Board. Date: 20/09/2013 08:00:00 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.