DRD - DRDGold Limited - Settlement With JCI Limited
DRD
DRDD
DRD - DRDGold Limited - Settlement With JCI Limited
DRDGOLD LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1895/000926/06)
JSE share code: DRD
ISIN: ZAE000058723
Issuer code: DUSM
Nasdaq trading symbol: DROO
("DRDGOLD")
Settlement with JCI Limited
Over the past eight years, DRDGOLD has been in dispute and litigation with
numerous parties including Mr RAR Kebble, the late Mr B Kebble, Mr J Stratton,
Mr H Buitendag and JCI Limited ("JCI") in South Africa ("the parties"). The
litigation included a claim in relation to the Rawas transaction. These matters
have been well publicised in the media. On 16 September 2008, all disputes
between DRDGOLD and the parties were settled. In terms of the settlement
agreement, JCI has paid to DRDGOLD a total sum of R25,5 million. DRDGOLD and the
parties have agreed that all claims and counterclaims have been resolved without
any admission of liability.
Randburg
1 October 2008
Sponsor
QuestCo Sponsors (Pty) Limited
Date: 01/10/2008 16:00:04 Produced by the JSE SENS Department.
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