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DRD - DRDGOLD Limited - DRDGOLD to develop separate investment opportunities for

Release Date: 10/02/2011 07:05
Code(s): DRD
Wrap Text

DRD - DRDGOLD Limited - DRDGOLD to develop separate investment opportunities for its surface and underground operations DRDGOLD LIMITED (Incorporated in the Republic of South Africa) (Registration number 1895/000926/06) JSE share code: DRD ISIN: ZAE000058723 Issuer code: DUSM Nasdaq trading symbol: DROOY ("DRDGOLD") DRDGOLD to develop separate investment opportunities for its surface and underground operations Further to the announcement published on SENS on 14 January 2011 regarding DRDGOLD`s change in its group structure in order to better distinguish between its surface retreatment and underground operations, the board of directors of DRDGOLD ("the Board") has concluded that because of the fundamental differences between its surface and underground operations, the company can maximize shareholder value through the development of separate investment opportunities. The Board has therefore resolved to appoint a corporate advisor to assist in taking the process forward. Roodepoort 10 February 2011 Sponsor One Capital Date: 10/02/2011 07:05:41 Supplied by www.sharenet.co.za Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.

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