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Wed 15 Oct 2008, 16:29 GDF - Gold Reef - Dealing In Securities By The Company Secretary Of
GDF
GDF                                                                             
GDF - Gold Reef - Dealing In Securities By The Company Secretary Of             
                   A Major Subsidiary                                           
Gold Reef Resorts Limited                                                       
(Incorporated in the Republic of South Africa)                                  
(Registration number: 1989/002108/06)                                           
Share code : GDF & ISIN : ZAE000028338                                          
("Gold Reef")                                                                   
DEALING IN SECURITIES BY THE COMPANY SECRETARY OF A MAJOR SUBSIDIARY            
In terms of paragraph 3.63 - 3.65 of the JSE Limited Listings Requirements, the 
following information relating to the dealing in securities by C P Vernon,      
company secretary of Akani Egoli (Proprietary) Limited which operates as Gold   
Reef City Casino, a major subsidiary of Gold Reef is disclosed:                 
Class of securities                Ordinary shares                              
Transaction date                   29 April 2008                                
Strike price per share             R15.35                                       
Number of shares                   17 667                                       
Value of transaction               R271 188.45                                  
Nature of transaction              Exercise of share options in terms of the    
                                  Gold Reef Share Scheme                        
Extent of interest                 Direct beneficial                            
Clearance to deal                  Subsequently ratified                        
Class of securities                Ordinary shares                              
Transaction date                   29 April 2008                                
Strike price per share             R14.39                                       
Number of shares                   33 333                                       
Value of transaction               R479 661.87                                  
Nature of transaction              Exercise of share options in terms of the    
Gold Reef Share Scheme                        
Extent of interest                 Direct beneficial                            
Clearance to deal                  Subsequently ratified                        
Class of securities                Ordinary shares                              
Transaction date                   22 September 2008                            
Average price per share            R15.77                                       
Number of shares                   33 334                                       
Value of transaction at                                                         
average price                      R525 677.18                                  
Nature of transaction              Sale on the open market                      
Extent of interest                 Direct beneficial                            
Clearance to deal                  Subsequently ratified                        
Class of securities                Ordinary shares                              
Transaction date                   6 October 2008                               
Average price per share            R16.82                                       
Number of shares                   51 000                                       
Value of transaction at                                                         
average price                      R857 820.00                                  
Nature of transaction              Sale on the open market                      
Extent of interest                 Direct beneficial                            
Clearance to deal                  Subsequently ratified                        
Johannesburg                                                                    
15 October 2008                                                                 
Sponsor                                                                         
Nedbank Capital                                                                 
Date: 15/10/2008 16:29:53 Produced by the JSE SENS Department.                  
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