Wits Gold - Announcement on the Posting of the Scheme Circular

WITWATERSRAND CONSOLIDATED GOLD RESOURCES LIMITED
(Reg. No. 2002/031365/06)
(Incorporated in the Republic of South Africa)
JSE Code: WGR
ISIN: ZAE000079703
TSX Code: WGR
CUSIP Number: S98297104
("Wits Gold")

JOHANNESBURG, Dec. 13, 2013 /CNW/ - Wits Gold shareholders are referred to the Firm Intention Announcement released on SENS and filed on SEDAR dated 11 December 2013, regarding the offer received from Sibanye Gold Limited to acquire the entire issued share capital of Wits Gold by way of a scheme of arrangement in terms of section 114 of the Companies Act 71 of 2008 ("Scheme").

Shareholders are advised that Wits Gold has sought and obtained a dispensation from the Takeover Regulation Panel relating to the requirement under regulation 102(2) of the Companies Act Regulations for the circular in respect of the Scheme ("Scheme Circular") to be posted within 20 business days after the date of publication of the Firm Intention Announcement.  Consequently Wits Gold confirms that the Scheme Circular will be posted to Wits Gold shareholders on or before 10 February 2014.

Johannesburg
13 December 2013

Corporate Adviser and Lead JSE Sponsor
Macquarie First South Capital Proprietary Limited

JSE Sponsor
PricewaterhouseCoopers

SOURCE: Wits Gold

Philip Kotze
Chief Executive Officer
Tel: [phone]
   
Hethen Hira
Vice President: Corporate Affairs
Tel: [phone]

www.witsgold.com