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Randgold Resources (RRS)

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Tuesday 20 May, 2003

Randgold Resources

Director Shareholding

Randgold Resources Ld
20 May 2003

'Randgold Resources today announces that Dr D M Bristow, the Company's Chief
Executive Officer, in terms of the rules of the Company's Share Option Scheme
exercised 175,000 share options on Monday, 19 May 2003.  Of the 175,000, Dr
Bristow acquired 85,000 shares, being 0.3% of the Company's issued share
capital. The exercise price of the 85,000 shares was US$3.90 per share.
Simultaneously, Dr Bristow disposed of the balance of 90,000 Randgold Resources
shares, being 0.32% of the issued share capital, at a market price of US$20.17
per share.  Following the transaction, Dr Bristow's total holding in the Company
has increased to 222,092 or 0.79% of the issued share capital.'

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