Media releases

DRD extends emperor offer period

Details

Published: Thursday, 06 May 2004 02:00

DRD announced today that it is extending the scheduled closing date of its offer for Emperor Mines Limited (Emperor) by 28 days
Johannesburg, South Africa. 6 May 2004: Durban Roodepoort Deep, Limited (JSE:DUR; NASDAQ:DROOY; ASX:DRD) announced today that it is extending the scheduled closing date of its offer for Emperor Mines Limited (Emperor) by 28 days to 7.00pm (Sydney time) on 11 June 2004. A copy of the Notice of variation is attached.

DRD’s offer remains open and capable of acceptance. Emperor shareholders should refer to DRD’s Bidder’s Statement dispatched on 13 April 2004 for details on the acceptance procedure, or they should contact their financial or other professional adviser if they are in any doubt as to how to act in relation to the offer.

Queries:

Queries to Emperor Shareholder Infoline:
From within Australia is 1800 118 938 (toll free) From outside Australia +61 8 9386 2651 As required by the Corporations Act, calls to these numbers will be recorded +1 347-423-5859 (mobile)

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DRD is the world’s 10th largest gold producer, with mines in South Africa as well as Australasia, a key target for growth. The company has a track record of success in extending the lives of older mines safely and profitably. For fiscal year 2003, DRD produced 870 000 ounces of gold, up from under 100 000 ounces a year in 1997, when current operations were amalgamated.

DRD has primary listings on the Johannesburg (JSE:DRD) and Australian (ASX:DRD) stock exchanges and secondary listings on NASDAQ (DROOY), the London Stock Exchange and the Paris and Brussels Bourses. Its shares are also traded on the regulated unofficial market of the Frankfurt Stock Exchange and the Berlin OTC Market.

For more information, please visit www.drd.co.za or www.durbans.com

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US Disclosures
DRD's shares have not been registered under the U.S. Securities Act and may not be offered or sold within the United States or to U.S. persons unless they are registered under the U.S. Securities Act or an exemption from the registration requirements of the U.S. Securities Act is available.

The offer described in DRD's Bidder’s Statement dispatched on 13 April 2004 is made for the securities of an Australian company. The offer is subject to disclosure requirements in Australia that are different from those of the United States. Certain financial statements included in the Bidder's Statement have been prepared in accordance with South African, Australian and/or International Accounting Standards that may not be comparable to the financial statements of United States companies. It may be difficult for Emperor's shareholders to enforce their rights and any claim they may have arising under the U.S. federal securities laws, since DRD is located in South Africa, and all of its officers and directors are residents of countries other than the United States. Emperor's shareholders may not be able to sue DRD or its officers or directors in a non-U.S. court for violations of U.S. securities laws. It may be difficult to compel DRD and its affiliates to subject themselves to a U.S. court’s judgment. You should be aware that DRD may purchase securities otherwise than under the offer in DRD's Bidder’s Statement, such as in the open market or privately negotiated transactions to the extent permitted under Australian law.