CALEDONIA MINING CORPORATION PLC

Net Asset Value • Jan 4, 2013

National Storage Mechanism | Additional information

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RNS Number : 8523U

Caledonia Mining Corporation

04 January 2013

Exercise of Options

Toronto, Ontario January 4, 2013: Caledonia Mining Corporation ("Caledonia" or the "Company") (TSX: CAL, OTCQX: CALVF, AIM: CMCL), received notice today that Robert Babensee, a Director of the Company, exercised options over an aggregate 200,000 ordinary shares in the Company ("Ordinary Shares") at an exercise price of Cdn$0.07 per share.

Following this transaction, Robert Babensee has interest in 200,000 Ordinary Shares representing approximately 0.04% of the Company's issued ordinary share capital, all of which are held beneficially.

The Company has applied for the 200,000 new Ordinary Shares to be admitted to trading on AIM and admission is expected to take place on January 10, 2013.

Following this notification, the Company has 514,661,780 Ordinary Shares in issue.

For more information, please contact:

Caledonia Mining Corporation Mark Learmonth Tel: + 27 11 447 2499 [email protected]	Canaccord Genuity Limited Andrew Chubb / Sebastian Jones Tel: + 44 20 7523 8350
Newgate Threadneedle Terry Garrett /Beth Harris/Graham Herring Tel: +44 20 7653 9850	CHF Investor Relations Jeremy Hill Tel : +1 416 868 1079 x 238 [email protected]

This information is provided by RNS

The company news service from the London Stock Exchange

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