DRDGOLD LIMITED - Exercise of options and sale of shares

Exercise of options and sale of shares

DRDGOLD LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1895/000926/06)
ISIN: ZAE000058723
JSE share code: DRD
NYSE trading symbol: DRD
(“DRDGOLD”)

EXERCISE OF OPTIONS AND SALE OF SHARES

In compliance with paragraph 3.63 of the JSE Limited Listings
Requirements   (“Listings   Requirements”),   the   following
information regarding transactions by directors of a major
subsidiary of DRDGOLD is disclosed:

Name of director:                 Mr W J Schoeman
Name of company:                  Ergo Mining Operations
                                  Proprietary Limited
Date of transaction:              19 May 2016
Nature of transaction:            Exercise of options in
                                  terms of the DRDGOLD (1996)
                                  Share Option Scheme and
                                  subsequent sale of shares
Class of securities:              Options in respect of
                                  DRDGOLD ordinary shares

Number of options exercised and   99 175 at R5.12 per share
strike price:
Total value of transaction:       R507 776.00

Number of shares sold and         99175 at R8.2515
selling price:
Total value of sale:              R818 342.51

Name of director:                 Mr H N Gouws
Name of company:                  Ergo Mining Proprietary
                                  Limited
Date of transaction:              20 May 2016
Nature of transaction:            Exercise of options in
                                  terms of the DRDGOLD (1996)
                                  Share Option Scheme and
                                  subsequent sale of shares
Class of securities:              Options in respect of
                                  DRDGOLD ordinary shares

Number of options exercised and   56 650 at R5.12 per share
strike price:
Total value of transaction:       R290 048.00

Number of shares sold and         56 650 at R8.4588
selling price:
Total value of sale:              R479 191.02

Name of director:                 Mr M Burrell
Name of company:                  Ergo Mining Proprietary
                                  Limited

Date of transaction:              20 May 2016
Nature of transaction:            Exercise of options in
                                  terms of the DRDGOLD (1996)
                                  Share Option Scheme and
                                  subsequent sale of shares
Class of securities:              Options in respect of
                                  DRDGOLD ordinary shares

Number of options exercised and   26 325 at R5.12 per share
strike price:
Total value of transaction:       R134 784.00

Number of shares sold and         26 325 at R8.4574
selling price:
Total value of sale:              R222 641.06

The nature of the directors’ interest is direct beneficial.

The exercise of options was completed off-market and the sale
of shares was concluded on-market.

In   compliance  with   paragraph   3.66   of  the    Listings
Requirements, prior clearance to deal in the above securities
was obtained from the Chief Financial Officer of DRDGOLD. The
above trade was completed outside of a closed period.

Johannesburg
24 May 2016

Sponsor
One Capital

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