Resignation of Chief Executive Officer and Director 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” or the “Group”) Resignation of Chief Executive Officer and Director Shareholders are advised that the board of directors of Central Rand Gold (“the Board”) has today accepted the resignation of Ms Lola Trollip as the Company’s Chief Executive Officer, and as a director of the Company and relevant Group subsidiaries. Ms Trollip’s notice period is three months and as such, her last day will be 4 January 2018, unless the Board and Ms Trollip agree on an earlier departure date. For further information, please contact: Central Rand Gold +27(0) 87 310 4400 ZAI Corporate Finance Ltd - Nominated Adviser +44 (0) 20 7060 2220 John Treacy Peterhouse Corporate Finance Limited – Broker +44 (0) 20 7469 0930 Lucy Williams / Fungai Ndoro Merchantec Capital +27 (0) 11 325 6363 Monique Martinez / Marcel Goncalves Johannesburg 6 October 2017 The information communicated in this announcement is inside information for the purposes of Article 7 of Market Abuse Regulation 596/2014 ("MAR"). Date: 06/10/2017 01:00:00 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.