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”)

WITHDRAWAL OF CAUTIONARY ANNOUNCEMENT

Shareholders are referred to the cautionary announcement dated 29 March 2010, and are advised that as the contents referred to therein have ceased to have any relevance or effect on the Company, caution is no longer required to be exercised by shareholders when dealing in their securities. Johannesburg 18 May 2010 Sponsor PSG Capital (Pty) Limited