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Postscript to statement by the mediators dated 28 February 2007

 
5 March 2007-

IN THE MEDIATION BETWEEN:

RANDGOLD AND EXPLORATION COMPANY LTD (R&E)                           Claimant

  and

JCI LIMITED (JCI)                                                                                   Defendant

We circulated a statement to the boards of JCI and R&E prior to wider release. A question has been raised as to the scope of what is being conveyed by paragraph 11 of that statement. What we intend to convey is that the R&E claims, if successful, will exceed the net asset value of JCI. 

S F BURGER SC 
CHARLES NUPEN 
PROF H E WAINER CA (SA)
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