DRDGOLD LIMITED - Dealings in securities by directors and company secretary: acceptance of offer to repurchase share options

Dealings in securities by directors and company secretary: acceptance of offer to repurchase share options

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

DEALINGS IN SECURITIES BY DIRECTORS AND COMPANY SECRETARY: ACCEPTANCE OF OFFER TO
REPURCHASE SHARE OPTIONS

In compliance with paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements (“Listings
Requirements”), the following information is disclosed regarding the acceptance on
05 November 2012 of the offer made by DRDGOLD to its directors, company secretary and
directors of its major subsidiary to repurchase vested share options in terms of clause 5.10 of the
DRDGOLD (1996) Share Option Scheme. The Black Scholes valuation model was applied to calculate
the settlement amounts stated below and the calculations were verified by an independent
professional company.

Name:                                 GC Campbell – Non-Executive Director of DRDGOLD
Class of securities:                  Options over ordinary shares
Number of share options:              29 394
Average settlement per option:        R0.13578
Value of transaction:                 R3 991.00
Beneficial interest:                  direct

Name:                                 RP Hume – Non-Executive Director of DRDGOLD
Class of securities:                  Options over ordinary shares
Number of share options:              28 457
Average settlement per option:        R0.18846
Value of transaction:                 R5 363.00
Beneficial interest:                  direct


Name:                                 DJ Pretorius – Chief Executive Officer of DRDGOLD
Class of securities:                  Options over ordinary shares
Number of share options:              1 283 486
Average settlement per option:        R1.88782
Value of transaction:                 R2 422 994.00
Beneficial interest:                  direct


Name:                                 CC Barnes - Chief Financial Officer of DRDGOLD
Class of securities:                  Options over ordinary shares
Number of share options:              1 219 163
Average settlement per option:        R2.05448
Value of transaction:                 R2 504 751.00
Beneficial interest:                  direct


Name:                                TJ Gwebu – Company Secretary of DRDGOLD
Class of securities:                 Options over ordinary shares
Number of share options:             765 508
Average settlement per option:       R1.84876
Value of transaction:                R1 415 237.00
Beneficial interest:                 direct

Name:                                CM Symons - Director of Ergo Mining (Pty) Limited (a major
                                     subsidiary of DRDGOLD)
Class of securities:                 Options over ordinary shares
Number of share options:             1 064 626
Average settlement per option:       R1.91868
Value of transaction:                R2 042 676.00
Beneficial interest:                 direct

Name:                                M Burrell - Director of Ergo Mining (Pty) Limited (a major
                                     subsidiary of DRDGOLD)
Class of securities:                 Options over ordinary shares
Number of share options:             505 904
Average settlement per option:       R1.95783
Value of transaction:                R990 476.00
Beneficial interest:                 direct

Name:                                HN Gouws - Director of Ergo Mining (Pty) Limited (a major
                                     subsidiary of DRDGOLD)
Class of securities:                 Options over ordinary shares
Number of share options:             832 636
Average settlement per option:       R2.03395
Value of transaction:                R1 693 539.00
Beneficial interest:                 direct

All transactions above were completed off market.

In accordance with DRDGOLD’s corporate governance principles and in terms of paragraph 3.66 of
the Listings Requirements, prior clearance for the repurchase of vested share options has been
obtained from the Remuneration Committee of DRDGOLD.

Roodepoort
06 November 2012

Sponsor
One Capital

Date: 06/11/2012 09:00:00 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.