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CRD - Central Rand Gold Limited - TR-1 notification of major

Release Date: 23/08/2010 11:00:01      Code(s): CRD
CRD - Central Rand Gold Limited - TR-1 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 Friday,                
20 August 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)                                                        
(No)                                                                            
3. Full name of person(s) subject to the notification obligation:               
Standard Life Investments Limited                                               
4. Full name of shareholder(s) (if different from 3):                           
Vidacos Nominees                                                                
5. Date of the transaction and date on which the threshold is                   
crossed or reached:                                                             
19 August 2010                                                                  
6. Date on which issuer notified:                                               
20 August 2010                                                                  
7. Threshold(s) that is/are crossed or reached:                                 
Below 8%                                                                        
8. Notified details:                                                            
A. VOTING RIGHTS ATTACHED TO SHARES                                             
Class / type of shares if possible    Situation previous to the Triggering      
       using the ISIN CODE                         transaction                  
                                                                                
Number of shares      Number of voting   
                                                                       rights   
                                                                                
           GG00B24HM601                 128,151,764          128,151,764        

                                                                                
                                                                                
Resulting situation after the triggering transaction                            
Number of shares      Number of voting rights    % of voting rights             
Direct                Direct       Indirect      Direct      Indirect           
123,151,764           95,151,764   28,000,000    5.948%      1.750%             
B. QUALIFYING FINANCIAL INSTRUMENTS                                             
Type of     Expiration  Exercise /       Number of        % of voting   
      financial           date  Conversion   voting rights             rights   
     instrument                   Period /        that may                      
                                      Date     acquired if                      
the instrument                      
                                            is exercised /                      
                                                 converted                      
      -               -             -             -                 -           
C. FINANCIAL INSTRUMENTS WITH SIMILAR ECONOMIC EFFECT TO                        
QUALIFYING FINANCIAL INSTRUMENTS                                                
  Type of      Exercise   Expir   Exercise    Number of    % of voting          
 financial       price    ation  conversion    voting        rights             
instrument               date     period      rights                           
                                             instruments                        
                                              refers to                         
                                                Nominal       Delta             
-           -      -       -       -         -            -               
      Total (A+B+C)                                                             
 Number of voting rights         % of voting rights                             
       123,151,764                     7.699%                                   
9. Chain of controlled undertakings through which the voting                    
rights and/or the financial instruments are effectively                         
held, if applicable:                                                            
N/A                                                                             
PROXY VOTING                                                                    
10. Name of the proxy holder:                                                   
N/A                                                                             
11. Number of voting rights proxy holder will cease to hold:                    
N/A                                                                             
12. Date on which proxy holder will cease to hold voting rights:                
N/A                                                                             
13. Additional information:                                                     
14. Contact name:                                                               
Standard Life Investments Limited                                               
investments_mo@standardlife.com                                                 
15. Contact telephone number:                                                   
(0131) 245 6565                                                                 
UNQUOTE                                                                         
23 August 2010                                                                  
JSE Sponsor                                                                     
Macquarie First South Advisers (Pty) Limited                                    
Date: 23/08/2010 11:00:01 Supplied by www.sharenet.co.za                     
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