Media releases

Dealings in securities by directors and company secretary: acceptance of offer to repurchase share options

06 November 2012

In compliance with paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements (“Listings Requirements”), the following information is disclosed regarding the acceptance on 05 November 2012 of the offer made by DRDGOLD to its directors, company secretary and directors of its major subsidiary to repurchase vested share options in terms of clause 5.10 of the DRDGOLD (1996) Share Option Scheme. The Black Scholes valuation model was applied to calculate the settlement amounts stated below and the calculations were verified by an independent professional company.

Name Value
Name: GC Campbell – Non-Executive Director of DRDGOLD
Class of securities: Options over ordinary shares
Number of share options: 29 394
Average settlement per option: R0.13578
Value of transaction: R3 991.00
Beneficial interest: direct
   
Name: RP Hume – Non-Executive Director of DRDGOLD
Class of securities: Options over ordinary shares
Number of share options: 28 457
Average settlement per option: R0.18846
Value of transaction: R5 363.00
Beneficial interest: direct
   
Name: DJ Pretorius – Chief Executive Officer of DRDGOLD
Class of securities: Options over ordinary shares
Number of share options: 1 283 486
Average settlement per option: R1.88782
Value of transaction: R2 422 994.00
Beneficial interest: direct
   
Name: CC Barnes - Chief Financial Officer of DRDGOLD
Class of securities: Options over ordinary shares
Number of share options: 1 219 163
Average settlement per option: R2.05448
Value of transaction: R2 504 751.00
Beneficial interest: direct
   
Name: TJ Gwebu – Company Secretary of DRDGOLD
Class of securities: Options over ordinary shares
Number of share options: 765 508
Average settlement per option: R1.84876
Value of transaction: R1 415 237.00
Beneficial interest: direct
   
Name: CM Symons - Director of Ergo Mining (Pty) Limited (a major subsidiary of DRDGOLD)
Class of securities: Options over ordinary shares
Number of share options: 1 064 626
Average settlement per option: R1.91868
Value of transaction: R2 042 676.00
Beneficial interest: direct
   
Name: M Burrell - Director of Ergo Mining (Pty) Limited (a major subsidiary of DRDGOLD)
Class of securities: Options over ordinary shares
Number of share options: 505 904
Average settlement per option: R1.95783
Value of transaction: R990 476.00
Beneficial interest: direct
   
Name: HN Gouws - Director of Ergo Mining (Pty) Limited (a major subsidiary of DRDGOLD)
Class of securities: Options over ordinary shares
Number of share options: 832 636
Average settlement per option: R2.03395
Value of transaction: R1 693 539.00
Beneficial interest: direct

All transactions above were completed off market.

In accordance with DRDGOLD’s corporate governance principles and in terms of paragraph 3.66 of the Listings Requirements, prior clearance for the repurchase of vested share options has been obtained from the Remuneration Committee of DRDGOLD.

Roodepoort
6 November 2012

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