Results Of The Annual General Meeting Randgold & Exploration Company Limited (Incorporated in the Republic of South Africa) (Registration number 1992/005642/06) Share Code: RNG ISIN: ZAE000008819 (“the Company”) RESULTS OF THE ANNUAL GENERAL MEETING Shareholders are hereby advised that at the annual general meeting of the Company held at 11:00 today, Friday, 17 May 2019, at The Westin Cape Town, Convention Square, Lower Long Street, Cape Town (“AGM”), all of the resolutions were passed by the requisite majorities of the Company’s shareholders. Details of the results of the voting at the AGM are as follows: Votes Votes for against resolution resolution as a as a Number of Number of percentage percentage shares shares of total of total voted at abstained number of number of Number of AGM as a as a Resolutions shares shares shares percentage percentage proposed at the voted at voted at voted at of shares in of shares in AGM AGM AGM AGM issue issue Ordinary resolution 99.92% 0.08% 43 780 232 58.70% 0.03% number 1: To re-elect P Burton as director Ordinary resolution 99.92% 0.08% 43 780 232 58.70% 0.03% number 2: To confirm V Botha as a non-executive director Ordinary resolution 98.47% 1.53% 43 780 232 58.70% 0.03% number 3: To re-appoint DC Kovarsky as member of the audit and risk committee Ordinary resolution 99.99% 0.01% 43 780 232 58.70% 0.03% number 4: To re-appoint JH Scholes as member of the audit and risk committee Ordinary resolution 99.99% 0.01% 43 780 232 58.70% 0.03% number 5: To re-appoint P Burton as member of the audit and risk committee Ordinary resolution 99.98% 0.02% 43 780 232 58.70% 0.03% number 6: To re-appoint KPMG Inc. as the auditor of the Company Ordinary resolution 98.40% 1.60% 43 777 529 58.69% 0.03% number 7: Non-binding endorsement of the Company’s remuneration policy Ordinary resolution 98.40% 1.60% 43 777 529 58.69% 0.03% number 8: Non-binding endorsement of the Company’s implementation report on the remuneration policy Special resolution 99.92% 0.08% 43 777 529 58.69% 0.03% number 1: Approval of remuneration of non-executive directors Special resolution 99.92% 0.08% 43 780 232 58.70% 0.03% number 2: Approval of right to provide financial assistance as contemplated in section 45 of the Companies Act Note: Total number of shares in issue as at the date of the AGM was 74 585 065. Johannesburg 17 May 2019 Sponsor PSG Capital Date: 17/05/2019 04:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.