WGR - Wits Gold - Trading update

    
    Witwatersrand Consolidated Gold Resources Limited
    (Incorporated in the Republic of South Africa)
    Registration Number 2002/031365/06
    ("Wits Gold")
    JSE Code: WGR
    ISIN: ZAE000079703
    TSX Code: WGR
    CUSIP Number: S98297104
    

JOHANNESBURG, South Africa, Nov. 2 /CNW/ -

TRADING UPDATE

In terms of the Listings Requirements of JSE Limited, companies are required to publish a trading statement as soon as they become reasonably certain that the financial results for the period to be reported on will be more than 20% different from that of the previous corresponding period.

Accordingly, a review of the financial results for the 6 months ended 31 August 2009 by management has indicated that they expect a basic and headline loss of between 10,30 cents per share and 12,55 cents per share. In the prior comparative period the company reported a basic and headline loss per share of 4,28 cents per share.

The increase in the loss and headline loss per share is mainly attributable to a decrease in interest received (R3,66m). The financial information on which this trading statement is based has not been reviewed or reported on by Wits Gold's auditors. The results for the 6 months ended 31 August 2009 are expected to be published on or about 20 November 2009.

    
    30 October 2009
    Sponsor
    PricewaterhouseCoopers Corporate Finance (Proprietary) Limited
    (Registration number 1970/003711/07)
    

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SOURCE Wits Gold

For further information: For further information: Marc Watchorn, Chief Executive Officer, Tel: +27 11 832 1749; Hethen Hira, Investor Relations, Tel: +27 11 832 1749

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Wits Gold

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