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Fri 10 Sep 2004, 18:00 Randgold - Trading Statement
Randgold - Trading Statement                                                    
  RANDGOLD & EXPLORATION COMPANY LIMITED                                          
  (Incorporated in the Republic of South Africa)                                  
  (Registration Number 1992/005642/06)                                            
  Share code:  RNG    ISIN:  ZAE000008819                                         
  Nasdaq trading symbol: RANGY                                                    
  (`Randgold`)                                                                    
  Trading Statement                                                               
  Randgold is expecting a decrease of between 35% and 55% in earnings per share   
  and a decrease of between 110% and 130% in headline earnings per share for the  
  interim period ended 30 June 2004 (`the interim results`) compared to that of   
  the last comparative period. This is mainly attributable to the foreign exchange
  loss arising from Randgold Resources (Holdings) Limited now being classified as 
  a foreign operation, and a decrease in equity income from Randgold Resources    
  Limited.                                                                        
  The information in this trading statement has not been reviewed or reported on  
  by Randgold`s auditors.  The release of the interim results announcement is     
  expected to be published on or about 17 September 2004.                         
  Johannesburg                                                                    
  10 September 2004                                                               
  Sponsor                                                                         
  Sasfin Corporate Finance                                                        
  A division of Sasfin Bank Limited                                               
  Date: 10/09/2004 05:30:02 PM Produced by the JSE SENS Department                
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