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Tue 29 May 2012, 15:49 VIL - Village Main Reef Limited - Award and Acceptance of shares in terms of the
VIL
VIL                                                                             
VIL - Village Main Reef Limited - Award and Acceptance of shares in terms of the
Village Main Reef Forfeitable Share Plan 2010 ("FSP")                           
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")                                                                     
AWARD AND ACCEPTANCE OF SHARES IN TERMS OF THE VILLAGE MAIN REEF FORFEITABLE    
SHARE PLAN 2010 ("FSP")                                                         
Shareholders are advised of the following information relating to the award and 
acceptance of shares as offered to directors in terms of the rules of the FSP.  
In terms of the rules of the FSP, the shares will be held by the Escrow Agent   
until the Vesting Date, as defined therein, subject to the terms and conditions 
of the FSP.                                                                     
                                                                                
Name of director:                          Bernard Swanepoel                    
Transaction date:                          29 May 2012                          
Class of securities:                       Ordinary shares                      
Number of securities:                      5 711 571                            
Price per security:                        R1.58                                
Total value:                               R9 024 282.18                        
Nature of transaction:                     Acceptance of shares offered in      
                                          terms of the FSP                      
Nature and extent of director`s interest:  Direct beneficial                    
Clearance to deal received:                Yes                                  
                                                                                
Name of director:                          Marius Saaiman                       
Transaction date:                          29 May 2012                          
Class of securities:                       Ordinary shares                      
Number of securities:                      4 681 983                            
Price per security:                        R1.58                                
Total value:                               R7 397 533.14                        
Nature of transaction:                     Acceptance of shares offered in      
                                          terms of the FSP                      
Nature and extent of director`s interest:  Direct beneficial                    
Clearance to deal received:                Yes                                  
                                                                                
Name of director:                          Dalu Ncube                           
Transaction date:                          29 May 2012                          
Class of securities:                       Ordinary shares                      
Number of securities:                      1 870 135                            
Price per security:                        R1.58                                
Total value:                               R2 954 813.30                        
Nature of transaction:                     Acceptance of shares offered in      
                                          terms of the FSP                      
Nature and extent of director`s interest:  Direct beneficial                    
Clearance to deal received:                Yes                                  

Name of director:                          Richard de Villiers                  
Transaction date:                          29 May 2012                          
Class of securities:                       Ordinary shares                      
Number of securities:                      2 205429                             
Price per security:                        R1.58                                
Total value:                               R3 484 577.82                        
Nature of transaction:                     Acceptance of shares offered in      
terms of the FSP                      
Nature and extent of director`s interest:  Direct beneficial                    
Clearance to deal received:                Yes                                  
                                                                                
Name of director:                          Sandeep Gandhi                       
Transaction date:                          29 May 2012                          
Class of securities:                       Ordinary shares                      
Number of securities:                      918 014                              
Price per security:                        R1.58                                
Total value:                               R1 450 462.12                        
Nature of transaction:                     Acceptance of shares offered in      
                                          terms of the FSP                      
Nature and extent of director`s interest:  Direct beneficial                    
Clearance to deal received:                Yes                                  
                                                                                
29 May 2012                                                                     
Sponsor                                                                         
Java Capital                                                                    
Date: 29/05/2012 15:49:02 Produced by the JSE SENS Department.                  
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