Announcement on the posting of the Scheme circular WITWATERSRAND CONSOLIDATED GOLD RESOURCES LIMITED (Reg. No. 2002/031365/06) (Incorporated in the Republic of South Africa) JSE Code: WGR ISIN: ZAE000079703 TSX Code: WGR CUSIP Number: S98297104 ("Wits Gold”) ANNOUNCEMENT ON THE POSTING OF THE SCHEME CIRCULAR Wits Gold shareholders are referred to the Firm Intention Announcement released on SENS and filed on SEDAR dated 11 December 2013, regarding the offer received from Sibanye Gold Limited to acquire the entire issued share capital of Wits Gold by way of a scheme of arrangement in terms of section 114 of the Companies Act 71 of 2008 (“Scheme”). Shareholders are advised that Wits Gold has sought and obtained a dispensation from the Takeover Regulation Panel relating to the requirement under regulation 102(2) of the Companies Act Regulations for the circular in respect of the Scheme (“Scheme Circular”) to be posted within 20 business days after the date of publication of the Firm Intention Announcement. Consequently Wits Gold confirms that the Scheme Circular will be posted to Wits Gold shareholders on or before 10 February 2014. Johannesburg 13 December 2013 Corporate Adviser and Lead JSE Sponsor Macquarie First South Capital Proprietary Limited JSE Sponsor PricewaterhouseCoopers Date: 13/12/2013 08:55:00 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.