DRD - DRDGOLD Limited - Further cautionary announc
DRD
DRDD
DRD - DRDGOLD Limited - Further cautionary announcement
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
("DRDGOLD" or "the Company")
FURTHER CAUTIONARY ANNOUNCEMENT
Further to the cautionary announcement released on the Securities Exchange News
Service of JSE Limited ("SENS") on 12 February 2007, shareholders are advised
that DRDGOLD`s Australian subsidiary Emperor Mines Limited ("EML"), is
continuing negotiations for the sale of one of EML`s major Australasian assets
that, if implemented, may have a material effect on the price at which the
Company`s securities trade.
In addition, shareholders are referred to the announcement released on SENS on
22 March 2007 in which shareholders were advised that EML has entered into an
agreement to sell all its Fijian assets, including the foundation Vatukoula
Mine, to Westech Gold (Proprietary) Limited, a private company incorporated in
Australia.
EML believes a trading halt in accordance with Australian Stock Exchange ("ASX")
Listing Rule 17.2 is required in order to provide the market with information in
an orderly fashion. Consequently, EML has today requested voluntary suspension
from trading on the ASX for a period of approximately one week in order to
finalise the negotiations referred to above.
Accordingly, shareholders are advised to continue to exercise caution when
dealing in the Company`s securities until a further announcement is made.
Johannesburg
26 March 2007
Sponsor
Standard Bank
Date: 26/03/2007 14:15:51 Produced by the JSE SENS Department.
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