WORLDWIDE SECURITIES PROCESSING SERVICES

GLOBAL INVESTOR AND ISSUER SERVICES June 24, 2002 D E P O S I T A R Y R E C E I P T S ATTENTION: INTERNATIONAL RESEARCH, SALES, TRADING AND OPERATIONS STAFF RATIO AND CUSIP CHANGE RANDGOLD RESOURCES LIMITED
Effective June 26, 2002, Randgold Resources will change the current ratio on its GDRs from one (1) GDR equals one (1) Ordinary Share to one (1) GDR representing two (2) Ordinary Shares. The relevant details are as follows: OLD RATIO: CUSIP: 1:1 752344101 (144A) 752344200 (Reg S) NEW 1 ADR : 2 Ordinary 752344408 (144A) 752344507 (Reg S) As a result of the ratio change, the current GDRs will be exchanged on a mandatory basis whereby GDR holders will automatically receive one (1) new GDR under the new CUSIP/ISIN numbers for every two (2) GDRs held under the current CUSIP/ISIN numbers. A cash-in-lieu payment will be made for any fractional GDRs generated from this exchange. If you require any additional information please visit our website at www.adrbny.com or feel free to contact: New York Steven Farber Assistant Vice President Sfarber@bankofny.com T. (212) 815-2711 London James T. Green Vice President Jgreen@bankofny.com Tel: 44 20 7964 6080 www.adrbny.com