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Randgold Resources (RRS)

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Monday 17 March, 2003

Randgold Resources

Director Shareholding

Randgold Resources Ld
17 March 2003

Randgold Resources today announces that Mr R A Williams, the Company's 
Financial Director, in terms of the rules of the Company's Share Option Scheme 
exercised 37,479 share options on Thursday, 13 March 2003. Of the 37,479, 
Mr Williams acquired 7,479 shares, being 0.03% of the Company's issued share 
capital. The exercise price of the 7,479 shares were 1,479 at US$2.50 per share 
and 6,000 shares at US$3.30 per share. Simultaneously, Mr Williams disposed of 
the balance of 30,000 Randgold Resources shares, being 0.11% of the issued share 
capital, at a market price of US$11 per share. Following the transaction, 
Mr Williams total holding in the Company has increased to 15,689 or 0.06% of the 
issued share capital.

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