RANDGOLD & EXPLORATION COMPANY LTD - Changes to the composition of the remuneration committee

Changes to the composition of the remuneration committee

Randgold & Exploration Company Limited
(Incorporated in the Republic of South Africa)
(Registration number 1992/005642/06)
Share code: RNG
ISIN: ZAE000008819
(“R&E” or “the Company”)

CHANGES TO THE COMPOSITION OF THE REMUNERATION COMMITTEE

In compliance with paragraph 3.59(c) of the JSE Limited
Listings Requirements, the board of directors of R&E hereby
notifies its shareholders of the resignation of Mr. DC
Kovarsky as the chairman of the remuneration committee.
Notwithstanding the resignation of Mr. DC Kovarsky as chairman
of the remuneration committee, he will remain a member of the
remuneration committee.

Shareholders are further advised that Mr. JH Scholes has been
appointed as the new chairman of the remuneration committee.

The effective date of the aforementioned changes is 05 August
2013.

Johannesburg

08 August 2013
Sponsor
PSG Capital

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