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Gold One International Limited - Compulsory Acquisition to be implemented

January 17, 2014

ENP Newswire - 17 January 2014 Release date- 16012014 - JOHANNESBURG - Gold One International Limited (ASX and JSE: GDO) shareholders are referred to the announcement released on the Stock Exchange News Service of the JSE Limited and submitted to the Market Announcements Office of the Australian Securities Exchange , on Monday, 9 December 2013 in which it was advised that BCX Gold Investment Holdings Limited had lodged a Compulsory Acquisition Notice informing shareholders of its intention to exercise its rights, pursuant to the compulsory acquisition provisions under Chapter 6A of the Australian Corporations Act 2001, to acquire all of the Acquisition Shares against payment by BCX Gold to Gold One of the Acquisition Consideration. Capitalised terms not defined in this announcement were defined in the Compulsory Acquisition Announcement and should be read as so defined. Shareholders are advised that the objection period closed on Monday, 13 January 2014 . Less than 10% of the remaining 9.97% Shareholders have objected and the Compulsory Acquisition will continue to be implemented as was set out in the Compulsory Acquisition Announcement. BCX Gold will be required to make payment to Gold One of the total Acquisition Consideration, to be held in trust by Gold One for payment to Shareholders, pursuant to the provisions of the Act. A further announcement will be made ('Payment Announcement') and correspondence regarding arrangements for payment will be sent to registered Shareholders by Gold One on or about Friday, 24 January 2014 , confirming that the total Acquisition Consideration has been paid to Gold One and requesting Shareholders to return instructions on how they require their pro rata Acquisition Consideration to be paid. Payment will be made to Shareholders upon receipt of the required written instructions and any further documentation requested from Shareholders or their respective CSDP, stockbrokers or nominees who are the registered Shareholders of the Acquisition Shares concerned. Subsequent to the payment of the Acquisition Consideration by BCX Gold to Gold One and the Acquisition Shares being registered in the name of BCX Gold, Gold One will be delisted from both the ASX and the JSE. South African Exchange Control Regulations The settlement of the Acquisition Consideration in respect of the Shares registered on the SA Register will be effected subject to the South African Exchange Control Regulations. This was dealt with in the Compulsory Acquisition Announcement and will be repeated in the Payment Announcement. Contact: Gold One International Limited Christopher Chadwick CFO and Acting CEO Tel: +27 11 726 1047 Email: Grant Stuart Investor Relations Tel: +27 11 726 1047 Email:

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Source: ENP Newswire

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