Caledonia's 2007 Annual Results Conference ...

FOR:  CALEDONIA MINING CORPORATION

TSX SYMBOL:  CAL
OTC Bulletin Board SYMBOL:  CALVF
AIM SYMBOL:  CMCL

March 26, 2008

Caledonia's 2007 Annual Results Conference Call

TORONTO, ONTARIO--(Marketwire - March 26, 2008) - Caledonia Mining Corporation ("Caledonia")
(TSX:CAL)(OTCBB:CALVF)(AIM:CMCL) will host a conference call on Monday April 7, 2008 at 11:00 hours (EST) to
discuss the 2007 annual results.

Please dial-in 10 minutes beforehand and quote the conference ID number:

243390#

International Access Number:        [phone]

UK Toll-free Number:                [phone]

Canadian Toll Number:               [phone]

Canadian Toll-free Number:          [phone]

USA Toll-free Number:               [phone]

(i)If you are calling from a mobile phone your provider may charge you when connected to our toll-free number.

FOR FURTHER INFORMATION PLEASE CONTACT:

Caledonia Mining Corporation
Stefan Hayden
President & CEO
[phone]
Website: www.caledoniamining.com

OR

BuckBias
Alex Buck
[phone]

OR

RBC Capital Markets
Martin Eales
[phone]

Caledonia Mining Corporation