alert

1 November 2016

DRDGOLD production update

Shareholders of DRDGOLD are hereby informed of the following production update for FY17Q1 compared to FY16Q4:

• volume throughput amounted to 6,6 million tonnes compared to 6,1 million tonnes, an 8% increase; and
• gold production amounted to 1 034kg compared to 1 022kg, a 1% increase..

The increase in throughput offset the effects of maintenance to the City Deep mills, causing quarter on quarter production to end flat.

The final clean-up of specific Crown sites weighed in on costs and FY17Q1 cash and cash equivalents ended at R335 million (R352 million FY16Q4). The effect of this clean-up is likely to continue until FY17Q3.

Queries:
James Duncan
Russell and Associates
+27 11 880 3924 (office)
+27 79 336 4010 (mobile)
james@rair.co.za