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22 November 2017

Gold tailings partnership established with Sibanye-Stillwater

DRDGOLD Limited announced today that it is to acquire from Sibanye Gold Limited trading as Sibanye-Stillwater (Sibanye-Stillwater) portions of the latter�s West Rand Tailings Retreatment Project (WRTRP) assets � to be known as WRTRP Proprietary Limited � in exchange for approximately 38% of DRDGOLD�s ordinary share capital, valued at approximately R1.3 billion*.

In addition, DRDGOLD and Sibanye-Stillwater have entered into an option agreement in terms of which Sibanye-Stillwater will be granted an option to increase its shareholding in DRDGOLD to 50.1% during the 24 months following implementation of the acquisition.

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