Media releases

Separate investment opportunities

Details

Published: Thursday, 10 February 2011 02:00

Johannesburg, South Africa, 10 February 2011: DRDGOLD Limited (JSE: DRD; NASDAQ: DROOY) today released the following announcement by its Board of Directors: "Further to the announcement published on SENS on 14 January 2011 regarding DRDGOLD's change in its group structure in order to better distinguish between its surface retreatment and underground operations, the board has concluded that because of the fundamental differences between our surface and underground operations, the company can maximize shareholder value through the development of separate investment opportunities. The board has therefore resolved to appoint a corporate advisor to assist in taking the process forward".

Queries:

South Africa & North America

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

United Kingdom/Europe

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

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 included in this document, including, among others, adverse changes or uncertainties in general economic conditions in the markets we serve, a drop in the gold price, a sustained 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 2010, which we filed with the United States Securities and Exchange Commission on 29 October 2010 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.