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Thu 7 Aug 2003, 9:34 Ashworth To Assist Opportunity Development At Rand
Randgold & Exploration Company Limited                                          
Reg No 1992/005642/06                                                           
Sharecode : RNG                                                                 
ISIN: ZAE000008819                                                              
NASDAQ trading symbol: RANGY                                                    
ASHWORTH TO ASSIST OPPORTUNITY DEVELOPMENT AT RANDGOLD & EXPLORATION            
Johannesburg, 7 August 2003  -  David Ashworth has retired as a non-executive   
director of Randgold Resources in order to assist Randgold & Exploration with   
the development of new opportunities following that company"s recent re-        
establishment as an active, empowerment-orientated mining corporation.          
Ashworth, a former financial director of Randgold Resources, retired last year  
but remained on the boards of Randgold & Exploration and Randgold Resources as a
non-executive.                                                                  
Randgold Resources chief executive Dr Mark Bristow said today Ashworth had      
played a key role in the establishment and development of that company, among   
other things arranging the finance for the Morila mine, and had continued to    
provide it with sage counsel as a non-executive director.  "We"ll miss his      
contribution and we wish him well with his new challenges at Randgold &         
Exploration," he said.                                                          
For further information call:                                                   
(CEO) Mark Bristow on 082 800 4293                                              
Issued on behalf of Randgold & Exploration Company Limited by du Plessis        
Associates.  dPA contact Kathy du Plessis - Tel: +27 11 728 4701, or e-mail     
randgold@dpapr.com.                                                             
website: www.randgold.co.za                                                     
Date: 07/08/2003 09:00:08 AM Supplied by www.sharenet.co.za                     
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