Simply A c hiev ing Success w wwsasgoldminescom ForwardLooking Information 2 T h is pr es en ta tion c o nta i ns f or w a r d looking s ta tements a n d f or w a r d l o o k in g i n f o r m atio n colle c t ive l y fo r w a r d lo oki n g i nformat i on as defi ned i n appli c able secu rit i es laws t h at reflect S A S c ur rent e xpect ations and p r o je ct i o ns about i ts futur e res u lts plans a nd objecti v es A l l sta t emen ts other t han s tatements o f h i s tori cal f act a re consi d ere d forwardlooki n g i nformati on F orwardlooki n g i nformati on is b a s e d o n a s s u m p t io n s e stim a t e s a n a l y s is a n d o p in ion s of Managem e nt made i n li ght o f i ts e xpe rience and its p e rce p ti on of tr ends c urr e nt condi t i o ns and e xpecte d dev e lopm ents a s w ell a s other fact ors whi c h t he Co mpany beli e v e s t o b e r elev ant a nd rea s on able i n the ci rcumst ances Thi s pr esent ati on uses word s s uch as est i ma te i ntend beli eve expect a nti c i p ate plan potenti al a nd si mi lar t ermi nology to i d ent i fy forwardlooki n g i nformat i on Forwardlooki n g i nformati on i s contai ned t hrough out t hi s p resent a t i on spe c i f i c a l l y rega rding t he Co mpan ys product i on and c api tal budge t s a n d p lan n ed gold produc tion levels a t t h e H olt Hollow a y a nd H i s l op mines th e dev e lopm ent of a ddi ti onal producti on zones a nd the a v e rage or e g rade at Holt t he re sumpti on o f mi ni ng at the W est P i t a t H is lop a nd the p r o d u c t ion l evel the r e f r o m r e qu ir ed c a pita l e xpend it u r es a t the H olt a nd H o llow ay mines a s w el l as the H olt M i l l the e xtent a nd timi ng o f de v e lopment i ni ti ativ es at T a y l or t he i m pact o f gold pr ice f luctuations on t he Compan ys operati ng cash fl ow p lanned c apital expend i t u r es a nd changes a t t he oper ati ons t he i m pact of exc h a n g e r a te f l u c tu a t ions on the C ompa ny s c u r r e nc y f or w a r d d e r i va tives the continu ed a v a i la bilit y of ta x d e d u c t ions t he natur e loc ation a nd objec t iv e s of explor ation p rograms in 2013 the e xpans ion o f mineral r e sourc e s th r o u g h s u c c e s s f u l e x p l o r a t io n a n d l e ve l s o f m i n e r a l r e s e r ve s d e ve l o p m en t a n d a c q u is it io n s t h e s u ff ic ie n c y of t h e Com p a n y s c a s h f lo w a n d e x is t i n g c a s h r e s e r v e s to a c h i e v e i ts 2 013 o bj e c t ive s in c l u d in g t h e a d va n c em e n t of T a y lo r and o t h er explorat i o n p roject s For w ardlooking information are subjec t to known and unknown ri sk s uncertainties an d othe r factors tha t ma y cause ac tual results to diffe r m a terially fro m those im plied by the for w ar dlooking inf orma tion F ac tors tha t m ay c ause a ctual results t o vary m a terially inc lude but are not limited to a s sum p tions a b out the general bu siness an d economic conditions the accur acy of the Comp anys mineral reserves an d minera l resources estim a tes inc luding with resp ect to size gra de an d recoverability and the geological opera ti onal and pric e as sum p tions on whi c h these are b a se d the volat il ity an d level of the price of gold incl u ding tha t the gold price w il l generally r em ain within a re ason a ble range of current le ve ls the a bility to achieve cap ital and o per a ting cos t es t ima tes the suffic ie ncy of c a sh reserves an d oper a ting c ash flow t o maint ain an d potenti ally exp and gold pro duction lev els e xplor a tion and de vel opment a ctivities conti nued compliance b y the Comp any wit h the term s of the credit facility the a vailability of a d ditional fin ancing on ac cep t a ble terms if an d a s required an d the continued availa bility o f a de qua te skilled man p ower and the retention of key per sonnel A descrip tion o f these ri sk s an d unce rt ainties can be found in the C omp any s An nual Information Form ob t ained on S ED AR at ww wse d arc om SA S disclaims an y in tention or obliga tion to upd a te or re vis e any forwar dlooking information whether as a result of new information future events or otherwise except as may be required under applicable securities laws