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Wed 12 Nov 2008, 16:53 GDF - Gold Reef Resorts - Dealing In Securities By A Director
GDF
GDF                                                                             
GDF - Gold Reef Resorts - Dealing In Securities By A Director                   
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 A DIRECTOR                                             
In terms of paragraph 3.63 - 3.65 of the Listings Requirements of the JSE       
Limited, the following information, relating to the dealing in securities by a  
director, is disclosed:                                                         
Executive director            :  S B Joffe                                      
Company of which a director   :  Gold Reef                                      
Transaction date              :  12 November 2008                               
Class of securities           :  Ordinary shares                                
Price                         :  R14.75                                         
Number of securities          :  2 533 333                                      
Total value                   :  R37 366 662                                    
Nature of transaction         :  Transfer of shares from S B Joffe to The SADE  
                                  Family Trust, of which Mr Joffe is both a     
trustee and beneficiary                       
Extent of interest            :  Indirect beneficial                            
Clearance to deal             :  Yes                                            
Johannesburg                                                                    
12 November 2008                                                                
Sponsor                                                                         
Nedbank Capital                                                                 
Date: 12/11/2008 16:53:50 Produced by the JSE SENS Department.                  
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