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Mon 24 Mar 2003, 14:19 Randgold & Exploration - Dealings In Securities By
Randgold and Exploration Company Limited                                        
("Randgold & Exploration")                                                      
JSE Code: RNG                                                                   
ISIN: ZAE000008819                                                              
Registration number: 1992/005642/06                                             
DEALINGS IN SECURITIES BY DIRECTORS                                             
Further to the previous SENS announcement dated 19 March 2003, in terms of par  
3.72 of the JSE listing rules, Mr RAR Kebble, Chairman of Randgold & Exploration
exercised and purchased 30,000 (thirty thousand) options in terms of the        
Randgold (1993) Share Option Scheme on 18 March 2003 and not 35,000 as announced
previously.  The strike price of the options was R12.00 per share.  The shares  
are to be held beneficially for Mr Kebble"s personal account.                   
24 March 2003                                                                   



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