Acid mine drainage update

Central Rand Gold Limited

("CRG" or the "Company" or the "Group")

(Incorporated as a company with limited liability under the laws of Guernsey,

Company Number 45108)

(Incorporated as an external company with limited liability under the laws of

South Africa, registration number 2007/0192231/10)

ISIN: GG00B24HM601

Share code on LSE: CRND

Share code on JSE: CRD

22 February 2011

Acid Mine Drainage Update

Central Rand Gold ("CRG" or the "Company" or the "Group"), the gold mining company with assets in Southern Johannesburg, notes the release this morning of the minutes of the meeting of the South African Cabinet held on 16 February 2011 in which the government approved the recommendations made by the team of experts to the Inter-Ministerial Committee on acid mine drainage in the Witwatersrand.

CRG is currently seeking clarification and a further announcement will be made in due course.

The minutes of the meeting are available from:

http://www.info.gov.za/speech/DynamicAction?pageid=461&sid=16432&tid=28606 

For further information, please contact:

Johan du Toit +27 (0) 11 674 2304

Patrick Malaza +27 (0) 11 674 2304

Enquiries:

Evolution Securities Limited +44 (0) 20 7071 4300

Rob Collins / Chris Sim / Neil Elliot

Macquarie First South Advisers (Pty) Ltd +27 (0) 11 583 2000

Annerie Britz / Melanie de Nysschen/ Yvette Labuschagne

Buchanan Communications Limited +44 (0) 20 7466 5000

Bobby Morse / Katharine Sutton / James Strong

Jenni Newman Public Relations (Pty) Ltd +27 (0)11 506 7300

Jenni Newman