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Mon 3 Oct 2011, 7:10 VIL - Village - Dealing in Securities
VIL
VIL                                                                             
VIL - Village - Dealing in Securities                                           
Village Main Reef Limited                                                       
(formerly known as Village Main Reef Gold Mining Company (1934) Limited)        
(Registration number 1934/0057034/06)                                           
Share Code: VIL                                                                 
ISIN: ZAE000154761                                                              
("Village")                                                                     
DEALING IN SECURITIES                                                           
Shareholders are advised of the following information relating to the dealing in
securities by directors of Village:                                             
                                                                                
Name of director:                   Phiway G Mbuyazi                            
Transaction date:                   28 September 2011                           
Class of securities:                Ordinary shares                             
Number of securities:               242 915                                     
Deemed value per security:          136 cents, being the closing price of       
                                   Village shares on 1 September 2011,          
                                   the business day prior to the date on        
                                   which the shares were offered to the         
director by Umbono Financial Services        
                                   (Pty) Ltd                                    
Deemed value:                       R330 364.40                                 
Nature of transaction:              Off-market acquisition resulting from       
the acceptance of an offer by the            
                                   director to receive Village shares           
                                   from Umbono Financial Services (Pty)         
                                   Ltd as remuneration for services             
rendered                                     
Nature and extent of director`s     Direct beneficial                           
interest:                                                                       
Clearance to deal received:         Chairman`s approval granted                 

                                                                                
Name of director:                   Phiway G Mbuyazi                            
Transaction date:                   29 September 2011                           
Class of securities:                Ordinary shares                             
Number of securities:               24 293                                      
Price per security:                 160 cents                                   
Total value:                        R38 868.80                                  
Nature of transaction:              On-market disposal                          
Nature and extent of director`s     Direct beneficial                           
interest:                                                                       
Clearance to deal received:         Yes                                         

                                                                                
Name of director:                   Phiway G Mbuyazi                            
Transaction date:                   29 September 2011                           
Class of securities:                Ordinary shares                             
Number of securities:               38 291                                      
Price per security:                 164 cents                                   
Total value:                        R62 797.24                                  
Nature of transaction:              On-market disposal                          
Nature and extent of director`s     Direct beneficial                           
interest:                                                                       
Clearance to deal received:         Yes                                         

Name of director:                   Phiway G Mbuyazi                            
Transaction date:                   29 September 2011                           
Class of securities:                Ordinary shares                             
Number of securities:               19 693                                      
Price per security:                 165 cents                                   
Total value:                        R32 493.45                                  
Nature of transaction:              On-market disposal                          
Nature and extent of director`s     Direct beneficial                           
interest:                                                                       
Clearance to deal received:         Yes                                         
                                                                                

Name of associate:                  To The Point Growth Specialists             
                                   (Proprietary) Limited                        
Name of director:                   Bernard Swanepoel via his 80% interest      
in To The Point Growth Specialists           
                                   (Proprietary) Limited                        
Transaction date:                   30 September 2011                           
Class of securities:                Ordinary shares                             
Number of securities:               23 800                                      
Price per security:                 160 cents                                   
Total value:                        R38 080.00                                  
Nature of transaction:              On-market purchase                          
Nature and extent of director`s     Indirect beneficial                         
interest:                                                                       
Clearance to deal received:         Yes                                         
                                                                                

Name of associate:                  To The Point Growth Specialists             
                                   (Proprietary) Limited                        
Name of director:                   Bernard Swanepoel via his 80% interest      
in To The Point Growth Specialists           
                                   (Proprietary) Limited                        
Transaction date:                   30 September 2011                           
Class of securities:                Ordinary shares                             
Number of securities:               25 000                                      
Price per security:                 161 cents                                   
Total value:                        R40 250.00                                  
Nature of transaction:              On-market purchase                          
Nature and extent of director`s     Indirect beneficial                         
interest:                                                                       
Clearance to deal received:         Yes                                         
                                                                                

Name of associate:                  To The Point Growth Specialists             
                                   (Proprietary) Limited                        
Name of director:                   Bernard Swanepoel via his 80% interest      
in To The Point Growth Specialists           
                                   (Proprietary) Limited                        
Transaction date:                   30 September 2011                           
Class of securities:                Ordinary shares                             
Number of securities:               25 000                                      
Price per security:                 163 cents                                   
Total value:                        R40 750.00                                  
Nature of transaction:              On-market purchase                          
Nature and extent of director`s     Indirect beneficial                         
interest:                                                                       
Clearance to deal received:         Yes                                         
                                                                                
30 September 2011                                                               
Sponsor                                                                         
Java Capital                                                                    
Date: 03/10/2011 07:10:01 Produced by the JSE SENS Department.                  
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