Trading Statement 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”) TRADING STATEMENT In terms of the Listings Requirements of the JSE Limited, companies are required to publish a trading statement as soon as they become reasonably certain that the financial results for the period to be reported on next will differ by more than 20% from those of the previous corresponding period. Shareholders are hereby advised that a reasonable degree of certainty exists that the Company expects to report a loss and headline loss per share of between 13.88 cents per share and 15.06 cents per share for the six months ended 30 June 2019 compared to a loss and headline loss per share of 11.85 cents for the six months ended 30 June 2018, being an increase in the loss per share of between 17.11% and 27.11% per share. The reason for the increase in the loss and headline loss per share in the current reporting period is mainly a result of an increase in legal and consulting fees. The information contained in this trading statement has not been reviewed or reported on by the Company's external auditors. R&E expects to release its financial results for the six months ended 30 June 2019 on or about 23 August 2019. 08 August 2019 Johannesburg Sponsor PSG Capital Date: 08/08/2019 03:00:00 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.
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