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CRD - Central Rand Gold Limited - TR-1: Notification of major interest in shares

Release Date: 14/10/2010 09:20:01      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 Wednesday, 13 October  
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:                                                                    
    12 October 2010                                                             
6.   Date on which issuer notified:                                             
    13 October 2010                                                             
7.   Threshold(s) that is/are crossed or reached:                               
    3%                                                                          
8.   Notified details:                                                          
    A. VOTING RIGHTS ATTACHED TO SHARES                                         
Class / type of shares if possible using the ISIN CODE    GG00B24HM601          
Situation previous to the Triggering transaction                                
Number of shares                      Number of voting rights                   
60,006,764                            60,006,764                                
Resulting situation after the triggering transaction                            
Number of     Number of voting rights    % of voting rights                     
shares                                                                          
Direct        Direct       Indirect      Direct      Indirect                   
37,506,764    37,506,764   -             2.344637%   -                          
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                                 
37,506,764                   2.344637%                                          
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:                                                    
    N/A                                                                         
14.  Contact name:                                                              
    investments_mo@standardlife.com                                             
    Standard Life Investments Limited                                           
15.  Contact telephone number:                                                  
(0131) 245 6565                                                             
    UNQUOTE                                                                     
14 October 2010                                                                 
JSE Sponsor                                                                     
Macquarie First South Advisers (Pty) Limited                                    
Date: 14/10/2010 09:20:01 Supplied by www.sharenet.co.za                     
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