Schedule 1- Central Rand Gold Limited

ANNOUNCEMENT TO BE MADE BY THE AIM APPLICANT PRIOR TO ADMISSION IN ACCORDANCE WITH RULE 2 OF THE AIM RULES FOR COMPANIES ("AIM RULES")

COMPANY NAME:

CENTRAL RAND GOLD LIMITED

COMPANY REGISTERED OFFICE ADDRESS AND IF DIFFERENT, COMPANY TRADING ADDRESS (INCLUDING POSTCODES) :

REGISTERD OFFICE:

TRAFALGAR COURT

2ND FLOOR

EAST WING

ADMIRAL PARK

ST. PETER PORT

GUERNSEY

GY13HU

TRADING ADDRESS:

CRG Slot 8

10 Spencer Road (Corner Spencer and Robert Road)

Robertville

Roodepoort

South Africa

COUNTRY OF INCORPORATION:

GUERNSEY, CHANNEL ISLANDS

COMPANY WEBSITE ADDRESS CONTAINING ALL INFORMATION REQUIRED BY AIM RULE 26:

WWW.CENTRALRANDGOLD.COM

COMPANY BUSINESS (INCLUDING MAIN COUNTRY OF OPERATION) OR, IN THE CASE OF AN INVESTING COMPANY, DETAILS OF ITS INVESTING POLICY). IF THE ADMISSION IS SOUGHT AS A RESULT OF A REVERSE TAKE-OVER UNDER RULE 14, THIS SHOULD BE STATED:

Central Rand Gold is the holding company for a group of companies engaged in gold mining and exploration projects within the Central Rand Goldfield, bordering the southern outskirts of Johannesburg in South Africa. Central Rand Gold has New Order Mining Rights from the South African Department of Minerals Resources over the Consolidated Main Reef, Langlaagte, Crown Mines and City Deep with Prospecting Rights granted over an additional five areas.

DETAILS OF SECURITIES TO BE ADMITTED INCLUDING ANY RESTRICTIONS AS TO TRANSFER OF THE SECURITIES (i.e. where known, number and type of shares, nominal value and issue price to which it seeks admission and the number and type to be held as treasury shares):

31,993,443 ORDINARY SHARES OF ONE PENCE EACH

CAPITAL TO BE RAISED ON ADMISSION (IF APPLICABLE) AND ANTICIPATED MARKET CAPITALISATION ON ADMISSION:

MARKET CAPITALISATION: £2.5 MILLION

PERCENTAGE OF AIM SECURITIES NOT IN PUBLIC HANDS AT ADMISSION:

11.34%

DETAILS OF ANY OTHER EXCHANGE OR TRADING PLATFORM TO WHICH THE AIM COMPANY HAS APPLIED OR AGREED TO HAVE ANY OF ITS SECURITIES (INCLUDING ITS AIM SECURITIES) ADMITTED OR TRADED:

ALTX - THE ALTERNATIVE EXCHNAGE OF THE JSE LIMITED

FULL NAMES AND FUNCTIONS OF DIRECTORS AND PROPOSED DIRECTORS (underlining the first name by which each is known or including any other name by which each is known):

John Michael McMahon - Non-Executive Chairman

Sarel Johan du Toit - Chief Executive Officer

Patrick Malaza - Financial Director

Miklos Salamon - Non-Executive Director

FULL NAMES AND HOLDINGS OF SIGNIFICANT SHAREHOLDERS EXPRESSED AS A PERCENTAGE OF THE ISSUED SHARE CAPITAL, BEFORE AND AFTER ADMISSION (underlining the first name by which each is known or including any other name by which each is known):

TD DIRECT INVESTING 10.92%

BARCLAYS STOCKBROKERS LIMITED 9.33%

HALIFAX SHARE DEALING 7.96%

YANDAL INVESTMENTS PTY LIMITED 7.27%

HARGREAVES LANDSOWN 6.63%

SELFTRADE 5.93%

HSBC WEALTH MANANGEMENT (UK) 4.87%

INTERACTIVE INVESTOR TRADING LIMITED 4.55%

SASFIN SECURITIES 3.23%

CITY SECURITIES LIMITED 3.00%

SHOULD ANY OF THESE HOLDINGS CHANGE PRIOR TO ADMISSION, AN UPDATED SCHEDULE 1 WILL BE RELEASED.

NAMES OF ALL PERSONS TO BE DISCLOSED IN ACCORDANCE WITH SCHEDULE 2, PARAGRAPH (H) OF THE AIM RULES:

REDSTONE CAPITAL LIMITED - FEE AGREEMENT WHEREBY REDSTONE CAPITAL LIMITED WILL RECEIVE A FEE EQUAL TO 5% OF THE FUNDS RAISED PURSUANT TO REDSTONE CAPITAL'S SUBSCRIPTION FOR LOAN NOTES FOR ORDINARY SHARES SUBSCRIBED FOR UNDER THE OPTION AGREEMENT AS DISCLOSED IN THE CIRCULAR TO SHAREHOLDERS DATED 2 AUGUST 2013

(i) ANTICIPATED ACCOUNTING REFERENCE DATE

(ii) DATE TO WHICH THE MAIN FINANCIAL INFORMATION IN THE ADMISSION DOCUMENT HAS BEEN PREPARED (this may be represented by unaudited interim financial information)

(iii) DATES BY WHICH IT MUST PUBLISH ITS FIRST THREE REPORTS PURSUANT TO AIM RULES 18 AND 19:

(i) 31 DECEMBER

(ii) N/A - ISSUER MOVING FROM OFFICIAL LIST

(iii) FINAL RESULTS FOR THE YEAR ENDING 31 DECEMBER 2013 - BY 30 JUNE 2014

INTERIM RESULTS FOR THE SIX MONTHS ENDING 30 JUNE 2014 - BY 30 SEPTEMBER 2014

FINAL RESUULTS FOR THE YEAR ENDING 31 DECEMBER 2014 - BY 30 JUNE 2015

EXPECTED ADMISSION DATE:

18 SEPTEMBER 2013

NAME AND ADDRESS OF NOMINATED ADVISER:

CHARLES STANLEY SECURITIES

131 FINSBURY PAVEMENT

LONDON, EC2A 1NT

NAME AND ADDRESS OF BROKER:

CHARLES STANLEY SECURITIES

131 FINSBURY PAVEMENT

LONDON, EC2A 1NT

OTHER THAN IN THE CASE OF A QUOTED APPLICANT, DETAILS OF WHERE (POSTAL OR INTERNET ADDRESS) THE ADMISSION DOCUMENT WILL BE AVAILABLE FROM, WITH A STATEMENT THAT THIS WILL CONTAIN FULL DETAILS ABOUT THE APPLICANT AND THE ADMISSION OF ITS SECURITIES:

N/A - QUOTED APPLICANT

DATE OF NOTIFICATION:

 21 AUGUST 2013

NEW/ UPDATE:

NEW

QUOTED APPLICANTS MUST ALSO COMPLETE THE FOLLOWING:

THE NAME OF THE AIM DESIGNATED MARKET UPON WHICH THE APPLICANT'S SECURITIES HAVE BEEN TRADED:

OFFICIAL LIST

MAIN BOARD OF JSE LIMITED

THE DATE FROM WHICH THE APPLICANT'S SECURITIES HAVE BEEN SO TRADED:

NOVEMBER 2011

CONFIRMATION THAT, FOLLOWING DUE AND CAREFUL ENQUIRY, THE APPLICANT HAS ADHERED TO ANY LEGAL AND REGULATORY REQUIREMENTS INVOLVED IN HAVING ITS SECURITIES TRADED UPON SUCH A MARKET OR DETAILS OF WHERE THERE HAS BEEN ANY BREACH:

CONFIRMED

AN ADDRESS OR WEB-SITE ADDRESS WHERE ANY DOCUMENTS OR ANNOUNCEMENTS WHICH THE APPLICANT HAS MADE PUBLIC OVER THE LAST TWO YEARS (IN CONSEQUENCE OF HAVING ITS SECURITIES SO TRADED) ARE AVAILABLE:

WWW.CENTRALRANDGOLD.COM

DETAILS OF THE APPLICANT'S STRATEGY FOLLOWING ADMISSION INCLUDING, IN THE CASE OF AN INVESTING COMPANY, DETAILS OF ITS INVESTING STRATEGY:

THE BOARD'S STRATEGY IS TO CONTINUE ITS EXISTING GOLD MINING ACTIVITIES AND THE FURTHER EXPlORATION OF ITS MINING AND EXPLORATION LICENCES. IN THE MEDIUM TERM, THE COMPANY WILL develop and expand its underground mining operations at CMR West and CMR East.

A DESCRIPTION OF ANY SIGNIFICANT CHANGE IN FINANCIAL OR TRADING POSITION OF THE APPLICANT, WHICH HAS OCCURRED SINCE THE END OF THE LAST FINANCIAL PERIOD FOR WHICH AUDITED STATEMENTS HAVE BEEN PUBLISHED:

SAVE AS ANNOUNCED BY THE COMPANY IN ANNOUNCEMENTS MADE IN ACCORDANCE WITH DTRS AND THE LISTING RULES AND, IN PARTICULAR, THE INTERIM RESULTS STATEMENT ANNOUNCED ON 19 AUGUST 2013, THERE HAVE BEEN NO OTHER SIGNIFICANT CHANGES SINCE 31 DECEMBER 2012, THE END OF THE LAST FINANCIAL PERIOD FOR WHICH AUDITED STATEMENTS HAVE BEEN PUBLISHED.

A STATEMENT THAT THE DIRECTORS OF THE APPLICANT HAVE NO REASON TO BELIEVE THAT THE WORKING CAPITAL AVAILABLE TO IT OR ITS GROUP WILL BE INSUFFICIENT FOR AT LEAST TWELVE MONTHS FROM THE DATE OF ITS ADMISSION:

The Directors have no reason to believe that the working capital available to the Company will be insufficient for at least twelve months from the date of Admission.

DETAILS OF ANY LOCK-IN ARRANGEMENTS PURSUANT TO RULE 7 OF THE AIM RULES:

N/A

A BRIEF DESCRIPTION OF THE ARRANGEMENTS FOR SETTLING THE APPLICANT'S SECURITIES:

CREST

STRATE

A WEBSITE ADDRESS DETAILING THE RIGHTS ATTACHING TO THE APPLICANT'S SECURITIES:

WWW.CENTRALRANDGOLD.COM (TO BE UPDATED BEFORE ADMISSION)

INFORMATION EQUIVALENT TO THAT REQUIRED FOR AN ADMISSION DOCUMENT WHICH IS NOT CURRENTLY PUBLIC:

N/a

A WEBSITE ADDRESS OF A PAGE CONTAINING THE APPLICANT'S LATEST ANNUAL REPORT AND ACCOUNTS WHICH MUST HAVE A FINANCIAL YEAR END NOT MORE THEN NINE MONTHS PRIOR TO ADMISSION AND INTERIM RESULTS WHERE APPLICABLE. THE ACCOUNTS MUST BE PREPARED IN ACCORDANCE WITH ACCOUNTING STANDARDS PERMISSIBLE UNDER AIM RULE 19:

WWW.CENTRALRANDGOLD.COM

THE NUMBER OF EACH CLASS OF SECURITIES HELD IN TREASURY:

N/A