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Randgold & Exploration Company Limited
(Incorporated in the Republic of South Africa)
(Registration number 1992/005642/06)
Share Code: RNG & ISIN: ZAE000008819

(“R&E” or “the company”)

 

RESULTS OF THE ODD-LOT AND SPECIFIC OFFERS

R&E shareholders are hereby advised of the results of the odd-lot and specific offers, both of which closed on Friday, 30 September 2011.

The results of the odd-lot offer are as follows:

 

Shares sold by election

Shares sold by default

Total

Certificated

63

13 943

14 006

Dematerialised

14 964

2 001

16 965

Total

15 027

15 944

30 971

Odd-lot shareholders who did not elect to retain their ordinary shares were automatically regarded as having chosen and accepted the odd-lot offer.

The results of the specific offer are as follows:

Number of shares accepting the offer:

Certificated

1 688

Dematerialised

195 404

Total

197 092

Accordingly, R&E repurchased a total of 228 063 ordinary shares, representing 0.30% of the issued capital of the Company for a total consideration of R604 366.95. These ordinary shares will be cancelled and de-listed from the JSE Limited with effect from the commencement of trade on Friday, 07 October 2011.

Johannesburg
03 October 2011
Sponsor
PSG Capital (Pty) Limited