Wits Gold - Dealings in Securities by Directors and Officers

22.02.2011  |  CNW

JOHANNESBURG, Feb. 22 /CNW/ --
Witwatersrand Consolidated Gold Resources Limited


(Incorporated in the Republic of South Africa)  


Registration Number 2002/031365/06


JSE Code: WGR


ISIN: ZAE000079703


TSX Code: WGR


CUSIP NUMBER: S98297104

JOHANNESBURG, Feb. 22 /CNW/ - The Wits Gold Share Incentive and
Retention Scheme was approved at the Company's Annual General Meeting
held on 12 October 2007.  In terms of the rules of the Scheme, all
Company employees become eligible to participate therein and to acquire
shares at no cost to the employee. All shares awarded in terms of this
scheme were fully issued prior to the Company's listing on the JSE Ltd
in April 2006 and therefore do not dilute the existing shareholders.

Accordingly, in compliance with Rules 3.63 - 3.74 of the JSE Listings
Requirements, Wits Gold wishes to disclose the following dealings
relevant to its directors and officers:

 __________________________________________________________________
|Name       |Position |Number of shares|Value based on  |Nature of |
|           |         |                |closing price of|interest  |
|           |         |                |R50.50 on 18    |          |
|           |         |                |February 2011   |          |
|___________|_________|________________|________________|__________|
|AR Fleming |Company  |2 329           |R117 614.50     |Direct    |
|           |director |                |                |beneficial|
|___________|_________|________________|________________|__________|
|T Mokoena  |Company  |2 329           |R117 614.50     |Direct    |
|           |director |                |                |beneficial|
|___________|_________|________________|________________|__________|
|H Mathe    |Company  |2 329           |R117 614.50     |Direct    |
|           |director |                |                |beneficial|
|___________|_________|________________|________________|__________|
|G Wilson   |Company  |2 329           |R117 614.50     |Direct    |
|           |director |                |                |beneficial|
|___________|_________|________________|________________|__________|
|BJ Dowden  |Company  |2 329           |R117 614.50     |Indirect  |
|           |Secretary|                |                |beneficial|
|___________|_________|________________|________________|__________|
|MB Watchorn|Company  |10 740          |R542 370.00     |Direct    |
|           |director |                |                |beneficial|
|___________|_________|________________|________________|__________|
|DM Urquhart|Company  |8 950           |R451 975.00     |Direct    |
|           |director |                |                |beneficial|
|___________|_________|________________|________________|__________|

Date of transaction:           18 February 2011

Price per share:               R0

Class of shares:               Ordinary

Nature of transaction:         Allocation of shares under Share
                               Incentive & Retention Scheme

Clearance to deal was granted: Yes

Johannesburg


22 February 2011

Sponsor


PricewaterhouseCoopers Corporate Finance (Pty) Ltd

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Dr. Marc Watchorn                                                              
Chief Executive Officer                                                        
Tel: +27 11 832 1749          

Mr. Hethen Hira                                                                
Investor Relations                                                             
Tel: +27 11 832 1749