GBS Accounts 31 Dec 2012

Gold Bullion Securities Limited

27 March 2013

Report and Accounts

Report and accounts of Gold Bullion Securities Limited for the year ended 31 December 2012.

Copies of the above document have been submitted to the National Storage Mechanism (NSM) and will shortly be available for inspection at

http://www.hemscott.com/nsm.do

The document is available on the Company's website at

http://www.etfsecurities.com/Documents/GBS%2031%20December%202012%20Signed%20Financial%20Statements.pdf

To view the full document, please paste the following URL into the address bar of your browser.

http://www.rns-pdf.londonstockexchange.com/rns/0434B_-2013-3-27.pdf

For further information, please contact

Laura Gilmour,

R&H Fund Services (UK) Limited

Tel: +44 (0) 1383 745 697

E-mail address:

laura.gilmour@rhfsl.com