SOURCE: Randgold Resources Ld

February 23, 2011 02:01 ET

Randgold Resources Announce Restricted Stock Award

JERSEY, CHANNEL ISLANDS--(Marketwire - February 23, 2011) -


RANDGOLD RESOURCES LIMITED
Incorporated in Jersey, Channel Islands
Reg. No. 62686
LSE Trading Symbol: RRS
Nasdaq Trading Symbol: GOLD

("Randgold Resources" or the "company")

RESTRICTED STOCK AWARD: NON EXECUTIVE DIRECTORS

London, United Kingdom, 23 February 2011 - Randgold Resources Limited
announces that in terms of the company's remuneration for non-executive
directors approved by shareholders at the Annual General Meeting on 4
May 2010, an award of 1 200 restricted shares is made each year to each
non-executive director. The price of the 2011 restricted stock
calculation was the Nasdaq Global Select Market closing price on 3
January 2011, being USD81.60.

In terms of the 2009 award the third and final tranche of 400 shares
has been issued to the beneficial account of each non-executive
director.

In terms of the 2010 award the second tranche of 400 shares has been
issued to the beneficial account of each non-executive director. A
further 400 shares have been issued and will remain in the restricted
stock account of each non-executive director. Non-executive directors
will be entitled to the third tranche of the 2010 award, subject to
agreed conditions, on 1 January 2012.

In terms of the 2011 award the first tranche of 400 shares has been
issued to the beneficial account of each non-executive director. A
further 800 shares have been issued and will remain in the restricted
stock account of each non-executive director. Non-executive directors
will be entitled to the second and third tranches of the 2011 award,
subject to agreed conditions, on 1 January 2012 and 1 January 2013
respectively.

The change in non-executive directors' holdings in the company is as
follows:

                                               Current               %
                 Shares   Shares     Shares    holding shareholding of
                awarded  awarded    awarded      after    issued share
Director           2009     2010       2011      award         capital

N P Cole            400      400        400      4 572           0.01
C L Coleman         400      400        400      3 800           0.00
K Dagdelen            -        -        400        400           0.00
R I Israel          400      400        400     39 463           0.04
P Lietard           400      400        400     34 027           0.04
K Voltaire          400      400        400      4 572           0.01


Randgold Resources Enquiries:

Chief Executive  Financial Director  Investor & Media Relations
Dr Mark Bristow  Graham Shuttleworth Kathy du Plessis
+44 788 071 1386 +44 1534 735 333    +44 20 7557 7738
+44 779 775 2288 +44 779 771 1338    Email: randgoldresources@dpapr.com
Website: www.randgoldresources.com



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

END

Contact Information