Randgold & Exploration Company Limited - Notice To
(Incorporated in the Republic of South Africa)
(Registration Number 1992/005642/06)
Nasdaq trading symbol: RANGY
("Randgold & Exploration")
NOTICE TO SHAREHOLDERS
At an extraordinary general meeting held at St Brelade, Jersey,
on 23 July 2001, Randgold Resources Limited - a company which
is listed on the London Stock Exchange and in which Randgold &
Exploration has a 61.3% interest - was authorised to repurchase
up to 11 831 915 ordinary shares, representing approximately
34% of its issued share capital. The repurchase is still
subject to certain financing conditions.
As shareholders were advised on 28 June 2001, Randgold &
Exploration intends to use its proceeds from the repurchase to
repay the US$48 million convertible bond, which is due for
settlement in September 2001.
Johannesburg
23 July 2001
Enquiries: David Haddon:
Tel: +27 (11) 309 6043
e-mail: haddond@randgold.co.za
Sponsor
HSBC
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