Directorate: Resignation

Randgold & Exploration Company Limited
(Incorporated in the Republic of South Africa)
(Registration number 1992/005642/06)
Share code: RNG
ISIN: ZAE000008819 (Suspended)
Nasdaq trading symbol: RANGY (delisted)
ADR ticker symbol: RNG
(“R&E” or “the Company”)

In compliance with section 3.59 of the Listings Requirements of JSE Limited, notification is hereby given that Mr. Andrew Christoffel Nissen has resigned as a director of the Company with effect from 1 April 2007.

In view of the recent announcement published on 15 March 2007 relating to settlement and/or merger negotiations with JCI Limited, Mr. Nissen has decided that it is timely to devote his attention to a number of projects he is currently involved with, as well as personal business opportunities that have recently emerged.

The board wishes to express its appreciation for the commitment and contribution that Mr. Nissen has made to the Company.

The board of R&E is now as follows:

David Morris Nurek (Non-Executive Chairman)
Peter Henry Gray (Chief Executive Officer)
Marais Steyn (Financial Director)
Motsehoa Brenda Madumise (Independent Non – Executive Director)


30 March 2007

Sasfin Capital
(A division of Sasfin Bank Limited)

Posted in Company Announcements.