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CRD - Central Rand Gold Limited - Notification of major interest in shares

Release Date: 15/07/2010 15:00:01      Code(s): CRD
CRD - Central Rand Gold Limited - Notification of major interest in shares      
Central Rand Gold Limited                                                       
("CRG" or the "Company" or the "Group")                                         
(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: GG00B24HM601                                                              
Share code on LSE: CRND                                                         
Share code on JSE: CRD                                                          
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES                                  
Central  Rand  Gold  received the following notification on Wednesday  14  July 
2010:                                                                           
QUOTE                                                                           
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES                                  
1.    Identity  of  the issuer or the underlying issuer of existing  shares  to 
 which voting rights are attached:                                              
 Central Rand Gold Limited                                                      
2.   Reason for the notification (please tick the appropriate box or boxes):    
-    An acquisition or disposal of voting rights  (Yes)                         
-    An acquisition or disposal of qualifying financial instruments which may   
result in the acquisition of shares already issued to which voting rights are   
attached  (No)                                                                  
-    An acquisition or disposal of instruments with similar economic effect to  
qualifying financial instruments   (No)                                         
-    An event changing the breakdown of voting rights  (No)                     
-    Other (please specify):  N/A                                               
3.   Full name of person(s) subject to the notification obligation:             
 Schroders plc                                                                  
4.   Full name of shareholder(s) (if different from 3):                         
 N/A                                                                            
5.    Date  of  the transaction and date on which the threshold is  crossed  or 
 reached:                                                                       
 13 July 2010                                                                   
6.   Date on which issuer notified:                                             
14 July 2010                                                                   
7.   Threshold(s) that is/are crossed or reached:                               
 Above 10%                                                                      
8.   Notified details:                                                          
A. VOTING RIGHTS ATTACHED TO SHARES                                             
Class / type of shares if           Situation previous to the Triggering        
possible using the ISIN CODE                    transaction                     
                             Number of shares     Number of voting rights       
Ordinary                                                                        
GG00B24HM601                      163,442,221              123,797,521          
            Resulting situation after the triggering transaction                
Number of     Number of voting        % of voting rights                        
shares        rights                                                            
Direct        Direct     Indirect     Direct       Indirect                     
223,841,573     N/A     180,093,128      N/A                11.26%              
B. QUALIFYING FINANCIAL INSTRUMENTS                                             
Type of        Expiration      Exercise /      Number of       % of voting      
financial      date            Conversion      voting rights   rights           
instrument                     Period / Date   that may                         
                                              acquired if                       
the instrument                    
                                              is exercised /                    
                                              converted                         
            -               -               -               -               -   
C.  FINANCIAL INSTRUMENTS WITH SIMILAR ECONOMIC EFFECT TO QUALIFYING  FINANCIAL 
INSTRUMENTS                                                                     
Type of      Exercise     Expiration   Exercise      Number of    % of voting   
financial    price        date         conversion    voting       rights        
instrument                             period        rights                     
                                                    instruments                 
                                                    refers to                   
                                                          Nominal       Delta   
-           -          -          -           -          -           -   
Total (A+B+C)                                                                   
Number of voting rights      % of voting rights                                 
       180,092,128                     11.26%                                   
9.    Chain  of controlled undertakings through which the voting rights  and/or 
 the financial instruments are effectively held, if applicable:                 
10.                                                                             
11.                                                                             
Schroder Investment Management Limited 180,093,128 11.26%                      
PROXY VOTING                                                                    
12.  Name of the proxy holder:                                                  
  N/A                                                                           
13.  Number of voting rights proxy holder will cease to hold:                   
  N/A                                                                           
14.  Date on which proxy holder will cease to hold voting rights:               
  N/A                                                                           
15.  Additional information:                                                    
  The  shares referred to in section 9 are held in portfolios managed by those  
  firms  on  a  discretionary  basis for clients under  investment  management  
  agreements.                                                                   

16.  Contact name:                                                              
  Taryn O`Donoghue                                                              
                                                                                
17.  Contact telephone number:                                                  
  020 7658 6000                                                                 
UNQUOTE                                                                         
15 July 2010                                                                    
JSE Sponsor                                                                     
Macquarie First South Advisers (Pty) Limited                                    
Date: 15/07/2010 15:00:01 Supplied by www.sharenet.co.za                     
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