Results Of The Annual General Meeting 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”) RESULTS OF THE ANNUAL GENERAL MEETING Shareholders are hereby advised that at the annual general meeting of the Company held at 11:00 today, Friday, 18 May 2018 at The Westin Cape Town, Convention Square, Lower Long Street, Cape Town (“AGM”), all of the resolutions were passed by the requisite majorities of the Company’s shareholders. Details of the results of the voting at the AGM are as follows: Resolutions Votes for Votes against Number Number Shares proposed at the resolution as a resolution as a of shares of abstained AGM percentage of percentage of voted at shares as a total number of total number the AGM voted at percentage shares voted of shares the AGM (%) of at AGM(%) voted at AGM as a shares in (%) percenta issue ge (%) of shares in issue Ordinary Resolution 100.00% 0.00% 41333260 57.74% 0.03% Number 1: To re- elect JH Scholes as director Ordinary 98.28% 1.72% 41333260 57.74% 0.03% Resolution Number 2: To re-appoint DC Kovarsky as a member of the audit and risk committee of the Company Ordinary Resolution 100.00% 0.00% 41333260 57.74% 0.03% Number 3: To re- appoint JH Scholes as a member of the audit and risk committee of the Company Ordinary Resolution 100.00% 0.00% 41333260 57.74% 0.03% Number 4: To re- appoint P Burton as a member of the audit and risk committee of the Company Ordinary 99.92% 0.08% 41320060 57.72% 0.05% Resolution Number 5: To re-appoint KPMG Inc as the auditor of the Company Ordinary Resolution 98.22% 1.78% 41317357 57.72% 0.05% Number 6: To pass a non-binding advisory vote on the remuneration policy of the Company. Ordinary Resolution 98.28% 1.72% 41330557 57.74% 0.03% Number 7: To pass a non-binding advisory vote on the implementation policy of the Company Special Resolution 99.94% 0.06% 41317357 57.72% 0.05% Number 1: Approval of remuneration of non-executive directors. Special Resolution 100.00% 0.00% 41333260 57.74% 0.03% Number 2: Approval of right to provide financial assistance as contemplated in section 45 of the Companies Act Johannesburg 18 May 2018 Sponsor PSG Capital Date: 18/05/2018 02:15:00 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.