Randgold Resources Ld
22 December 2003
FTSE UPGRADES RANDGOLD RESOURCES' INVESTABILITY RATING
London, 22 December 2003 - The FTSE committee has increased Randgold
Resources' investability weighting from 50% to 75% following an increase in the
company's free float to the 55% level. The London and Nasdaq listed gold miner
was included in the FTSE 250 index earlier this year.
The new weighting is likely to result in index tracking funds increasing their
holdings in Randgold Resources. Chief executive Dr Mark Bristow said this
marked another significant advance in the company's corporate marketing thrust
and showed the increasing liquidity in Randgold Resources' shares.
For further information contact Randgold Resources:
CEO Dr Mark Bristow +44 (0) 779 775 2288
CFO Roger Williams +44 (0) 779 771 9660
DISCLAIMER: Statements made in this document with respect to Randgold Resources'
current plans, estimates, strategies and beliefs and other statements that are
not historical facts are forward-looking statements about the future performance
of Randgold Resources. These statements are based on management's assumptions
and beliefs in light of the information currently available to it. Randgold
Resources cautions you that a number of important risks and uncertainties could
cause actual results to differ materially from those discussed in the
forward-looking statements, and therefore you should not place undue reliance on
them. The potential risks and uncertainties include, among others, risks
associated with: fluctuations in the market price of gold, gold production at
Morila, estimates of reserves and mine life and liabilities arising from the
closure of Syama. Randgold Resources assumes no obligation to update
information in this release.
This information is provided by RNS
The company news service from the London Stock Exchange