Caledonia Announces the Appointment of a New Di...

FOR:  CALEDONIA MINING CORPORATION

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

March 28, 2008

Caledonia Announces the Appointment of a New Director

TORONTO, ONTARIO--(Marketwire - March 28, 2008) - Caledonia Mining Corporation ("Caledonia")
(TSX:CAL)(OTCBB:CALVF)(AIM:CMCL) is pleased to announce the appointment of Mr. Leigh Alan Wilson as a
non-executive Director of Caledonia and a member of the Audit Committee.

Mr. Wilson, 63 years old, is based in Westport, Connecticut, USA and is currently the Independent
Chair of the Victory Funds, Old Mutual Advisor Funds II & the Old Mutual Insurance Series Funds. He
serves as a business advisor to public and private companies in the United States and Europe and has
held a number of senior positions in the United States and Europe in the financial services and
banking sectors, including Chief Executive Officer ("CEO") of Paribas North America. He is a Director
of the Mutual Fund Directors Forum, and founded New Century Living Inc. in 1992, of which he is CEO.

He has been a Director of the Victory Institutional Funds since 2003, the Victory Variable Insurance
Funds (investment companies - 23 total portfolios) since 1998 and the Old Mutual Insurance Series
Funds (investment companies - 8 portfolios) since 2005. He was previously a director of Chimney Rock
Winery LLC (2000-2004) and Chimney Rock Winery Corp. (1985-2004), and has been a Trustee of The
Trustee's Portfolios since 1992.

Mr. Wilson will further strengthen the Board's financial experience and brings considerable
negotiating expertise to Caledonia.

There is no further information required to be disclosed under Schedule 2(g) of the AIM Rules.

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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