Purchase of Securities by Non-Executive Director

Following this transaction, Mr Holtzhausen has an interest in 23,250 shares in the Company representing approximately 0.12% of the issued share capital of Caledonia. Further details of the transaction are set out below.

Change of Name of Nominated Adviser

The Company also announces that its Nominated Adviser and Joint Broker has changed its name to Cavendish Securities plc following completion of its own corporate merger.

Caledonia Mining Corporation Plc

Mark Learmonth Tel: +44 1534 679 800

Camilla Horsfall Tel: +44 7817 841 793

Cavendish Securities plc (Nomad and Joint Broker)

Adrian Hadden Tel: +44 (0)20 7220 0500

Neil McDonald

Pearl Kellie

Liberum Capital Limited (Joint Broker)

Scott Mathieson/Kane Collings Tel: +44 20 3100 2000

BlytheRay Financial PR (UK)

Tim Blythe/Megan Ray Tel: +44 207 138 3204

3PPB (Financial PR, North America)

Patrick Chidley Tel: +1 917 991 7701

Paul Durham Tel: +1 203 940 2538

Curate Public Relations (Zimbabwe)

Debra Tatenda Tel: +263 77802131

IH Securities (Private) Limited (VFEX Sponsor – Zimbabwe)

Lloyd Mlotshwa Tel: +263 (242) 745 119/33/39

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

In Europe:

Swiss Resource Capital AG

Jochen Staiger & Marc Ollinger

info@resource-capital.ch

www.resource-capital.ch