Annual Report and Accounts

Caledonia Mining Corporation
29 June 2007

                                        
                          Caledonia Mining Corporation
                                        
                         ('Caledonia' or 'the Company')
                                        
                           Annual Report and Accounts

The Company wishes to announce that the Company's Annual Report and Accounts for
the year ended 31 December 2006 have been sent to the shareholders of the
Company.

Copies of these documents are available on www.caledoniamining.com




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