Puno's application for leave to appeal dismissed

For immediate release 6 April 2010

Central Rand Gold Limited

(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 2007/019223/10)

ISIN: GG00B24HM601

Share code on LSE: CRND

Share code on JSE: CRD

("CRG" or the "Company")

Puno's application for leave to appeal dismissed

Central Rand Gold Ltd ("CRG" or the "Company"), announces that Puno Gold Investments (Pty) Limited ("Puno"), has been unsuccessful in its application for leave to appeal the decision handed down by the South Gauteng High Court on 05 November 2010.

In bringing its application, Puno sought leave to appeal the judgement handed down in its original interdict application to stop operations at CRG which had been dismissed with costs.

Johannesburg

6 April 2010

For further information, please contact:

Central Rand Gold +27 (0) 11 551 4000

Johan du Toit / Patrick Malaza

Evolution Securities Limited +44 (0) 20 7071 4300

Simon Edwards / Chris Sim / Neil Elliot

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

Melanie de Nysschen / Thembeka Mgoduso

/ Annerie Britz / Manisha Ramlakhan

Buchanan Communications +44 (0) 20 7466 5000

Bobby Morse / Katharine Sutton

Jenni Newman Public Relations (Pty) Ltd +27 (0) 11 506 7350

Jenni Newman / Megann Outram