TORONTO, ONTARIO -- (Marketwired) -- 03/21/14

Caledonia Mining Corporation ("Caledonia") (TSX:CAL)(OTCQX:CALVF)(AIM:CMCL) will publish its operating and financial results for the quarter and the year ended December 31, 2013 on March 31, 2014.

Caledonia's management team will host two conference calls on March 31, 2014: the first call will be held at 10am British Summer Time and a second conference call will be held at 9am Eastern Daylight Time.

In addition to the usual audio facility, participants will be able to follow the results presentation by logging into the URL shown below. Note that the URL details are specific to each call.

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Details for the UK Call at 1000 (BST) March 31, 2014                        
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UK toll-free                            08082370030                         
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UK toll-paid                            02031394830                         
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Participant code (to access the basic   14234818#                           
audio service)                                                              
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Participant URL to access the on-line   https://arkadin-                    
presentation for the UK call            event.webex.com/arkadin-            
                                        event/onstage/g.php?t=a&d=708849828 
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Participant logon and pincode to        646887                              
access the on-line presentation for                                         
the UK call                                                                 
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Details for the North American Call at 0900 (EDT) March 31, 2014            
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North American toll-free number         1 866 928 7517                      
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North American toll-paid number         1 718 873 9077                      
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Participant code (to access the basic   97970590#                           
audio service)                                                              
----------------------------------------------------------------------------
Participant URL to access on-line       https://arkadin-                    
presentation for the North American     event.webex.com/arkadin-            
call                                    event/onstage/g.php?t=a&d=705330185 
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Participant logon and pincode to        646895                              
access the on-line presentation for                                         
the North American call                                                     
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Dial-in numbers for other jurisdictions can be found at the following link: http://wpc.1726.planetstream.net/001726/FEL_Events_International_Access_List.pdf.

Contacts:
Caledonia Mining Corporation
Mark Learmonth
+27 11 447 2499
marklearmonth@caledoniamining.com
www.caledoniamining.com

Numis
John Prior/ Jamie Loughborough/ James Black
+44 20 7260 1000

Blythe Weigh
Tim Blythe/ Halimah Hussain/ Camilla Horsfall
+44 20 7138 3200

WH Ireland
Adrian Hadden/ Nick Field
+44 20 7220 1751