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Randgold Resources (RRS)

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Tuesday 01 November, 2005

Randgold Resources

Prices global share offering

Randgold Resources Ld
01 November 2005

Randgold Resources Limited
Incorporated in Jersey, Channel Islands
Reg. No. 62686
LSE Trading Symbol: RRS
Nasdaq Trading Symbol: GOLD



London, United Kingdom, 1 November 2005 - Randgold Resources Limited (LSE:RRS)
(NASDAQ:GOLD) ('Randgold Resources' or the 'Company') announces that the global
offering of 7,500,000 new ordinary shares (the 'Global Offer') in the form of
ordinary shares or American Depository Shares (the 'New Shares') has been priced
at US$13.50 per ordinary share and US$13.50 per American Depository Share 
('ADS').  Each ADS represents one ordinary share of the Company.

The Global Offer is conditional, among other things, on the New Shares being
admitted to trading on the Official List of the Financial Services Authority
(the 'FSA') and admission to trading on the market for listed securities of the
London Stock Exchange plc (the 'LSE').  An application has been made to the FSA
and the LSE and it is expected that such admissions will become effective at
8.00 a.m. on 4 November 2005.  The ADSs will trade on the Nasdaq National

The New Shares will, when issued, be credited as fully paid, will rank in full
for all future dividends and other distributions declared in respect of the
existing issued ordinary shares of Randgold Resources on or after the date of
issue of the New Shares and will otherwise rank pari passu in all respects with
the existing ordinary shares of Randgold Resources.

HSBC is acting as global co-ordinator, sponsor, bookrunner and underwriter in
connection with the Global Offer.  BMO Nesbitt Burns and RBC Capital Markets are
co-managers for the Global Offer.  The underwriters have been granted an
over-allotment option by Randgold Resources to purchase up to 1,125,000
additional ordinary shares in the form of new ordinary shares or American
Depository Shares to cover over-allotments, if any.

Randgold Resources Enquiries:

Chief Executive     Financial Director   Investor & Media Relations
Dr Mark Bristow     Roger Williams       Kathy du Plessis
+44 779 775 2288    +44 791 709 8939     +27 11 728 4701
                                         +27 (0) 83 266 5847

This press release is directed in the United Kingdom only to investment
professionals falling within Article 19(5) of the Financial Services and Markets
Act 2000 (Financial Promotion) Order 2005 (the 'Order') or to high net worth
entities, and other persons to whom it may lawfully be communicated, falling
within Article 49(2)(a) to (d) of the Order (all such persons together being
referred to as 'relevant persons').  This press release must not be acted on or
relied on by persons who are not relevant persons.

This document is an advertisement for the purposes of applicable measures
implementing Directive 2003/71/EC (such Directive, together with any applicable
implementing measures in the relevant home Member State under such Directive,
the 'Prospectus Directive').  A prospectus prepared pursuant to the Prospectus
Directive will be published, which, when published, can be obtained from the
offices of Randgold Resources at La Motte Chambers, La Motte Street, St. Helier,
Jersey, JE1 1BJ, Channel Islands or the offices of HSBC Bank plc at 8 Canada
Square, London, E14 5HQ. Any offer of securities to the public that may be
deemed to be made pursuant to this communication in any EEA Member State that
has implemented the Prospectus Directive is only addressed to qualified
investors in that Member State within the meaning of the Prospectus Directive.


This press release is not an offer for sale of securities in the United States.
The securities may not be offered or sold in the United States absent
registration or an exemption from registration under the U.S. Securities Act of
1933, as amended.  Any public offering of securities to be made in the United
States is being made by means of a prospectus that may be obtained from the
issuer that contains detailed information about the Company and management, as
well as financial statements.

HSBC Bank plc which is authorised and regulated in the United Kingdom by the
Financial Services Authority is acting for the Company in connection with the
Global Offer and no one else and will not be responsible to anyone other than
the Company for providing the protection afforded to clients of HSBC Bank plc
nor for providing advice in relation to the Global Offer nor any other matter
referred to in this announcement.

                      This information is provided by RNS
            The company news service from the London Stock Exchange