Cancellation of options by a director and company secretary GOLIATH GOLD MINING LIMITED Incorporated in the Republic of South Africa (Registration number: 1933/004523/06) Share code: GGM ISIN: ZAE000154753 CANCELLATION OF OPTIONS BY A DIRECTOR AND COMPANY SECRETARY In compliance with paragraphs 3.63 to 3.74 (both inclusive) of the Listings Requirements of JSE Limited, the following information is disclosed pertaining to share options previously granted (off market) on 14 December 2012 at a strike price of R3.405737 per option which have now been cancelled with immediate effect at no consideration: Name of director: Christopher Chadwick Company: Goliath Gold Mining Limited Class of securities: Options in respect of ordinary shares Clearance to deal received: Yes Nature of the transaction: Cancellation of share options off market Number of options cancelled: 1 000 000 Expiry date of options: 13 December 2017 Nature and extent of director’s interest: Direct beneficial Name of company secretary: Pierre Kruger Company: Goliath Gold Mining Limited Class of securities: Options in respect of ordinary shares Clearance to deal received: Yes Nature of the transaction: Cancellation of share options off market Number of options cancelled: 1 000 000 Expiry date of options: 13 December 2017 Nature and extent of company secretary’s interest: Direct beneficial Johannesburg 26 June 2014 Sponsor Merchantec Capital Date: 26/06/2014 10:15:00 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.