SOURCE: Randgold Resources Ld

March 21, 2014 13:45 ET

Grant of awards

JERSEY, CHANNEL ISLANDS--(Marketwired - Mar 21, 2014) -

TSX: GOLD; LSE: RRS

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


GRANT OF AWARDS TO DR. MARK BRISTOW AND GRAHAM SHUTTLEWORTH UNDER THE
RANDGOLD RESOURCES LIMITED CO-INVESTMENT PLAN AND THE RANDGOLD
RESOURCES LIMITED RESTRICTED SHARE SCHEME

London, United Kingdom, 21 March 2014

RANDGOLD RESOURCES LIMITED CO-INVESTMENT PLAN

Following Dr Mark Bristow and Graham Shuttleworth, both directors of
the Company, each electing to "lock-up" the maximum permissible number
of ordinary shares in the Company (Shares) for a period of 3 years
(being 39,004 Shares and 10,170 Shares respectively) under the Randgold
Resources Limited Co-investment Plan, they become eligible for the
grant of "matching" awards under the plan. Consequently, an award under
the plan of 39,004 Shares was granted to Dr. Mark Bristow and an award
of 10,170 Shares was granted to Graham Shuttleworth, on 21 March 2014.
The awards granted to both Dr. Mark Bristow and Graham Shuttleworth may
vest, in full or in part, after the expiry of the performance period on
31 December 2016, to the extent that the performance conditions as
specified by the plan are met.

The Randgold Resources Limited Co-investment Plan, which has been
approved by shareholders, is designed to reward sustained total
shareholder return performance relative to global peers over a three
year period and align the interests of the executives with the
interests of shareholders.


RANDGOLD RESOURCES LIMITED RESTRICTED SHARE SCHEME

Under the Randgold Resources Restricted Share Scheme, an award over
39,004 Shares was granted to Dr. Mark Bristow a director of the
Company, and an award over 10,170 Shares was granted to Graham
Shuttleworth a director of the Company, on 21 March 2014. The awards
granted to both Dr. Mark Bristow and Graham Shuttleworth may vest, in
full or in part, subject to the achievement of operational and
financial performance targets, chosen on the basis they are among the
Company's key performance indicators and drive shareholder value, over
a four year performance period. A one year post-vesting holding
requirement applies to 100 per cent. of the vested Shares.

The Randgold Resources Restricted Share Scheme, which has been approved
by shareholders, is designed to reward sustainable long term
performance subject to the achievement of agreed operational and
financial targets.


Randgold Resources Enquiries:

Chief Executive     Financial Director     Investor & Media Relations
Mark Bristow        Graham Shuttleworth    Kathy du Plessis
+44 788 071 1386    +44 1534 735 333       +44 20 7557 7738
+44 779 775 2288    +44 779 7711338        Email:  randgold@dpapr.com 

Website:  www.randgoldresources.com              This information is provided by RNS
          The company news service from the London Stock Exchange

END

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