SOURCE: Randgold Resources

December 22, 2009 08:06 ET

Randgold Closes Kibali Transaction

JERSEY, CHANNEL ISLANDS--(Marketwire - December 22, 2009) - On 31 October 2009, Randgold Resources Limited announced that, together with AngloGold Ashanti Limited ("AngloGold"), it had entered into an agreement ("Sale and Purchase Agreement") for the acquisition of a further 20% interest in Kibali Goldmines s.p.r.l. ("Kibali Goldmines") from L'Office des Mines d'Or de Kilo-Moto ("OKIMO") for an aggregate consideration of approximately US$113.6 million (the "Kibali Acquisition").

Randgold is pleased to announce that following satisfaction of the conditions to the Sale and Purchase Agreement, the Kibali Acquisition has now closed. Randgold and AngloGold now together hold a 90% joint venture interest in Kibali Goldmines through Kibali (Jersey) Limited (both directly and indirectly) (45% attributable to Randgold) with OKIMO holding the remaining 10% interest.

Website: www.randgoldresources.com

HSBC Bank plc, which is authorised and regulated in the United Kingdom by the Financial Services Authority, is acting exclusively for Randgold and AngloGold and no one else in connection with the Kibali Acquisition and will not be responsible to anyone other than Randgold and AngloGold for providing the protections afforded to clients of HSBC, nor for providing advice in relation to the Kibali Acquisition, the contents of this announcement or any other matter referred to herein.

Click on, or paste the following link into your web browser, to view the associated PDF document.

http://www.rns-pdf.londonstockexchange.com/rns/5591E_1-2009-12-22.pdf

RANDGOLD RESOURCES LIMITED
Incorporated in Jersey, Channel Islands
Reg. No. 62686
LSE Trading Symbol: RRS
Nasdaq Trading Symbol: GOLD
("Randgold" or the "Company")

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION

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