Update regarding the disposal of the mineral interests and option granted of ERPM 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”) UPDATE REGARDING THE DISPOSAL OF THE 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 announcement published on SENS on 26 February 2019 (“Announcement”) in respect of the disposal of the mineral interests, comprising the mining rights and prospecting right of East Rand Proprietary Mines Limited (“ERPM”) and the granting of an option to OroTree Limited (“OroTree”) to acquire the Mining Infrastructure Assets (as defined in the Announcement) to access the deep underground ounces of ERPM (the “Option”), as one indivisible transaction. In terms of the Option, OroTree, in its sole and absolute discretion, could exercise its option to acquire the Mining Infrastructure Assets on or before 30 June 2019. Shareholders are advised that OroTree has elected to not exercise the Option and, as such, the balance of the purchase consideration in respect of the Mining Infrastructure Assets of US$10.3 million, less the non-refundable fee of US$500 000.00 will not be paid to the Company. Johannesburg 26 June 2019 Sponsor One Capital Date: 26/06/2019 08:00:00 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.