Public censure by the JSE – disposal of mineral interests and option granted to dispose of the related mining assets 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” or the “Company”) PUBLIC CENSURE BY THE JSE LIMITED – DISPOSAL OF MINERAL INTERESTS AND OPTION GRANTED TO DISPOSE OF THE RELATED MINING INFRASTRUCTURE OF EAST RAND PROPRIETARY MINES LIMITED DRDGOLD shareholders (“Shareholders”) are referred to the SENS announcements published by: - DRDGOLD on 26 February 2019 (“DRDGOLD Announcement”) regarding the disposal of East Rand Proprietary Mines Limited’s underground mineral interests to OroTree Limited (“OroTree”) for an aggregate cash consideration of R4 (“Disposal”) and the granting of an option to OroTree to acquire the related mining infrastructure and associated movable machinery, plant and equipment for an approximate cash consideration of $10 million, to be exercised on or before 30 June 2019 (“Option”), (the Disposal and Option are collectively referred to hereafter as the “Transaction”); and - the JSE Limited (“JSE”) on 31 May 2019 regarding the public censure imposed on DRDGOLD for a breach of paragraph 9.15 of the JSE Limited Listing Requirements (“Listings Requirements”) relating to the late publication of the DRDGOLD Announcement. Shareholders are advised that in the submissions made to the JSE, DRDGOLD acknowledged that the basis for the breach was the misinterpretation of the nature of the Transaction and the application of the Listings Requirements thereto, particularly in regard to the Option and the likelihood of OroTree exercising the Option (as detailed in the DRDGOLD Announcement), which resulted in the unfortunate event of the Company inadvertently and unintentionally breaching the provisions of the Listings Requirements. The Company tendered its full cooperation with the JSE during the course of the JSE’s investigation of the breach and has undertaken to prevent a recurrence of a transgression of the Listings Requirements by reinforcing internal measures and policies to ensure compliance with the Listings Requirements, and specifically in this instance, to ensure that all future announcements are published within the stipulated timeframes imposed by the JSE pursuant to the Listings Requirements. Johannesburg 31 May 2019 Sponsor One Capital Date: 31/05/2019 07:23:00 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.