Media releases

Emperor announces completion of sell down of DRDGOLD shareholding

Emperor today announced that it has taken a major step towards completing its merger with Intrepid Mines Limited, following the successful sale of DRDGOLD’s shareholding in Emperor.

Johannesburg, South Africa. 22 October 2007. DRDGOLD Limited (JSE: DRD; NASDAQ: DROOY). An extract from an announcement released today (22 October 2007) by Emperor Mines Limited (Emperor), a 78.72% indirect subsidiary of DRDGOLD listed on the ASX Limited, is set out below.

‘Emperor today announced that it has taken a major step towards completing its merger with Intrepid Mines Limited (Intrepid), following the successful sale of DRDGOLD’s shareholding in Emperor to a range of domestic and international institutions and sophisticated investors (‘the sell down’).

‘On 18 September 2007, Emperor announced that DRDGOLD intended to offer its shareholding in Emperor for sale, and that the merger with Intrepid was conditional upon the successful completion of this sale. DRDGOLD engaged ABN AMRO Morgans and Tricom Equities (‘the brokers’), to conduct the sale to professional and sophisticated investors. The brokers commenced a book build following the lodgement of an offer prospectus by DRDGOLD on Thursday 18 October.

‘The institutional book build was completed within 24 hours and was oversubscribed, with strong support from a range of international and domestic institutions and high net worth clients of ABN AMRO Morgans and Tricom. The placement price achieved was A$0.068 cents per share.

‘Importantly, the sell down will introduce more than 20 new institutional investors onto the Emperor register, and will considerably increase Emperor’s free-float and liquidity. On completion, there will be no shareholder in Emperor holding more than 15% of the equity in Emperor. The settlement of the placement is expected to occur before the end of October 2007.’

A further announcement by DRDGOLD setting out the financial effects of the sell down will be released as soon as possible.

Queries:

South Africa
James Duncan, Russell & Associates
+27 11 880 3924 (office)
+27 82 892 8052 (mobile)

North America
Investor and Media Relations
Barbara Cano, Breakstone Group International
+1 646 452 2334 (office)

United Kingdom/Europe
Investor and Media Relations
Phil Dexter, St James's Corporate Services
+44 20 7499 3916 (office)
+44 779 863 4398 (mobile)

For more information, please visit www.drdgold.com

Disclaimer:

Many factors could cause the actual results, performance or achievements to be materially different from any future results, performance or achievements that may be expressed or implied by such forward-looking statements, including, among others, adverse changes or uncertainties in general economic conditions in the markets we serve, a drop in the gold price, a continuing strengthening of the rand against the dollar, regulatory developments adverse to DRDGOLD or difficulties in maintaining necessary licences or other governmental approvals, changes in DRDGOLD's competitive position, changes in business strategy, any major disruption in production at key facilities or adverse changes in foreign exchange rates and various other factors.

These risks include, without limitation, those described in the section entitled "Risk Factors" included in our annual report for the fiscal year ended 30 June 2006, which we filed with the United States Securities and Exchange Commission on 22 December 2006 on Form 20-F. You should not place undue reliance on these forward-looking statements, which speak only as of the date thereof. We do not undertake any obligation to publicly update or revise these forward-looking statements to reflect events or circumstances after the date of this report or to the occurrence of unanticipated events.