Press announcement 25 March 2011
Shareholders vote in favour of enlarged Village entity Village Main Reef (Village) today announces that the overwhelming majority of shareholders voted in favour of Village merging 100% of the Simmer and Jack assets into an enlarged Village entity at todays general meeting.
All of the resolutions set out in the notice of the general meeting, which formed part of the circular to shareholders dated Wednesday, 2 March 2011 were passed by the requisite majority of shareholders present and voting or represented by proxy.


The special resolutions will be submitted to the Companies and Intellectual Property Registration Office for registration in due course.


CEO of Village, Bernard Swanepoel commented, "We are thrilled with the strong support received from both sets of shareholders in favour of the transaction.

This support bodes well as we endeavor to create value out of the enlarged Village entity".


ENDS
Contacts:
Village CEO | Bernard Swanepoel | | 083 303 9922 Simmers CEO | Marius Saaiman | | 082 458 3420 Vestor | Media and Investor Relations | Louise Brugman | | 011 787 3015 | 083 504 1186
Logo_sharper02 media & investor relations
louise brugman managing director T: +27 (0) 11 787 3015 C: +27 (0) 83 504 1186 E: www.vestor.co.za
This email contains confidential information.

If you are not the intended recipient, you must not disclose or use the information in this email in any way.

If you have received it in error, kindly notify us immediately by return email and delete the original message.