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Randgold & Exploration company ltd
(Incorporated in the Republic of South Africa)
(Registration Number: 1992/005642/06)
Sharecode: RNG
ISIN: ZAE000008819
(R&E or the company)

DISCLOSURE OF DISPOSAL OF SECURITIES

In accordance with section 122(3)(b) of the Companies Act, No. 71 of 2008, as amended, and paragraph 3.83(b) of the JSE Limited Listings Requirements, shareholders are hereby advised that Randgold & Exploration Company Limited has received formal notification in the prescribed form from Allan Gray Proprietary Limited (“Allan Gray”) on behalf of Allan Gray clients , advising that it has disposed of a beneficial interest in securities of the Company, such that the total of all beneficial interests held by it amounts to 14.2419% of the Company’s total issued ordinary share capital.

Johannesburg
30 October 2018
Sponsor
PSG Capital