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Thu 3 May 2007, 9:18 GDF - Gold Reef Resorts Limited - Renewal of cauti
GDF
 GDF                                                                             
    GDF - Gold Reef Resorts Limited - Renewal of cautionary announcement        
    Gold Reef Resorts Limited                                                   
    Incorporated in the Republic of South Africa                                
(Registration number 1989/002108/06)                                        
    ("Gold Reef")                                                               
    Share code: GDF     ISIN: ZAE000028338                                      
    RENEWAL OF CAUTIONARY ANNOUNCEMENT                                          
Shareholders are referred to the cautionary announcement released on 9      
    March 2007 and the reminder of cautionary announcement released on 19 March 
    2007.                                                                       
    Shareholders are advised that Gold Reef continues to be in discussions      
which are at an early stage and which may or may not result in a            
    transaction that may have a material impact on the price of its securities. 
    Accordingly shareholders are advised to continue exercising caution when    
    dealing in their Gold Reef securities until a further announcement is made. 

    Johannesburg                                                                
    3 May 2007                                                                  
                                                                                
Sponsor                                                                     
    Nedbank Capital                                                             
Date: 03/05/2007 09:18:01 Produced by the JSE SENS Department.
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