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DRD
DRDD
DRDGOLD - Delay in lodgement of audit-reviewed half-yearly accounts and proposed
delisting
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")
DELAY IN LODGEMENT OF AUDIT-REVIEWED HALF-YEARLY ACCOUNTS AND PROPOSED DELISTING
DRDGOLD today announces that due to delays in finalising audit-reviewed half-
yearly accounts for the period ended 31 December 2005, the Australian Stock
Exchange Ltd ("the ASX") has informed the company that trading of its shares on
the ASX will be suspended, effective from 17 March 2006.
The requirement to prepare audit-reviewed half-yearly accounts is an ASX
requirement and is not a requirement of the other major stock exchanges on which
DRDGOLD is listed. To ensure that trading in the company"s shares remains fully
informed, DRDGOLD has released its unaudited half-yearly financial statements
for that period.
The delay in finalising the audit review of DRDGOLD"s half-yearly accounts with
the ASX is regrettable, and is primarily due to transitional issues associated
with International Financial Reporting Standards, which has been complicated by
recent corporate restructurings undertaken by the DRDGOLD group of companies.
DRDGOLD intends to lodge its audit-reviewed half-yearly accounts with the ASX in
the next few weeks, at which time DRDGOLD will request the suspension on trading
in DRDGOLD shares on ASX be lifted.
The suspension from trading relates to trading in DRDGOLD shares on the ASX. It
does not affect trading in DRDGOLD shares on the other major stock exchanges on
which DRDGOLD is listed, including the JSE Limited, NASDAQ and the LSE.
DRDGOLD also announces that following very low historical trading levels of its
shares on the ASX, the company intends to refocus on its African operations and
seek removal from the official list of the ASX. DRDGOLD will provide further
details on its proposed delisting from ASX shortly.
For further information, please contact:
Ilja Graulich
Investor Relations and Media
DRDGOLD Limited
+27 11 219 8717 (office)
+27 83 604 0820 (mobile)
Johannesburg
17 March 2006
Date: 17/03/2006 10:41:07 AM Produced by the JSE SENS Department
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