DRD - DRDGOLD Limited - Confirmation of appointment of Chief Executive Officer
DRD
DRDD
DRD - DRDGOLD Limited - Confirmation of appointment of Chief Executive Officer
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" or "the company")
CONFIRMATION OF APPOINTMENT OF CHIEF EXECUTIVE OFFICER ("CEO")
Further to the announcement released on 21 August 2008, shareholders are
reminded that, with effect from 1 January 2009, Mr Niel Pretorius will assume
the role of CEO of DRDGOLD. Mr John Sayers, the current CEO, will be resigning
from the board with effect from 31 December 2008.
The Chairman of the DRDGOLD board, Mr Geoff Campbell, said the following about
Mr Sayers` contribution to the company:"I would like to express my sincere
thanks to John Sayers for his leadership of the company during the last two
years. He took on the role at a difficult time and implemented a strategy of
stabilisation and focus that transformed the company into the profitable, South
Africa gold miner that it is today. He was instrumental in the divestment of our
Australian assets which, along with the restructuring of our South African
assets, has put the company in excellent financial health. I am delighted that
John is not leaving the company completely as he has agreed to a consultancy
role so that we can continue to benefit from his expertise and experience."
Randburg
30 December 2008
Sponsor
QuestCo Sponsors (Pty) Limited
Date: 30/12/2008 14:00:22 Produced by the JSE SENS Department.
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