Drdgold Limited - Errata relating to report to sha
DRD
DRDD
Drdgold Limited - Errata relating to report to shareholders for the six months
ended 31 December 2005
Drdgold Limited
(Incorporated in the Republic of South Africa)
(Registration number 1895/000926/06)
ARB number 086 277 616
JSE trading symbol: DRD
ISIN Code: ZAE000058723
Issuer code: DUSM
Nasdaq trading symbol: DROOY
ASX trading symbol: DRD
("DRDGOLD" or "The Company")
ERRATA RELATING TO REPORT TO SHAREHOLDERS FOR THE SIX MONTHS ENDED 31 DECEMBER
2005
2006 FINANCIAL YEAR
"CORPORATE DEVELOPMENTS
We are pleased to report that, on 17 and 20 February 2006, shareholders in
DRDGOLD and Emperor approved proposals to vend DRDGOLD"s offshore assets into
Emperor, thus creating the third largest gold producer listed on the Australian
Stock Exchange ("ASX"). On completion of the transaction, DRDGOLD will have an
approximate 88% stake in Emperor, and will receive US$30 million in cash.
DRDGOLD has agreed with Emperor rights of exclusivity of operation within the
Pacific Rim.
Back home in South Africa, the conclusion of a transaction during the second
quarter between DRDGOLD and Khumo Gold SPV Limited ("KG") in terms of which KG
has acquired a 15% stake in DRDSA means that DRDGOLD complies with the Black
Economic Empowerment ("BEE") ownership requirement of the South African Mining
Charter.
With respect to the re-financing of its convertible bond, DRDGOLD is negotiating
the extension of the terms of these instruments with existing convertible bond-
holders."
23 February 2006
Standard Corporate and Merchant Bank
Date: 23/02/2006 05:53:53 PM Produced by the JSE SENS Department
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