DRD drdgold limited

UPDATE ON STATUS AT DRDGOLDS’S NORTH WEST OPERATIONS FOLLOWING...

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    UPDATE ON STATUS AT DRDGOLDS’S NORTH WEST OPERATIONS FOLLOWING EARTHQUAKE
    ON 9 MARCH 2005

    Johannesburg, South Africa. 10 March 2005. DRDGOLD CEO Mark Wellesley-Wood thanked mining
    and other employees of the North West Operations, medical personnel and brigadesmen of the Mine
    Rescue Service for their contributions to the rescue operations which had resulted in an efficient
    evacuation of 3,198 miners following the earthquake experienced in Stilfontein in North West Province on
    9 March 2005.

    It is with regret that the company has confirmed that one employee died as a result of injuries sustained
    during the earthquake. Twenty employees sustained minor injuries which were treated at the mine’s first
    aid station, and a further 20 were hospitalized. One of those hospitalized suffered serious head trauma.
    One employee remains unaccounted for. All affected employees and their families are being provided with
    access to counselling services.

    DRDGOLD Limited noted that preliminary assessments suggest that the earthquake felt across a large
    area of central South Africa yesterday was not caused by current mining activities conducted by

    DRDGOLD’s North West Operations. The company refers to measurements reported by the United
    States Geological Survey (http://earthquake.usgs.gov/recenteqsww/Quakes/usvkar.htm) which registered
    tectonic activity at a depth of 15 kilometres below surface. DRDGOLD’s own measurements suggested a
    point of origin approximately 2,000 metres below surface, in a fault which traverses the Stilfontein area.
    Yesterday’s tremor, as measured by the Council for Geoscience, registered a magnitude of 5.3 on the
    Richter Scale, making it the largest recorded earthquake in South Africa since 1969.

    The company added that it had no current mining activities within three kilometres of yesterday’s
    earthquake.

    As in the normal course of business, the company has notified its insurers of the occurrence of the event.

    The company notes that the mining areas affected by the tremors were properly supported according to
    mine standards. However as a result of the extent of the event, infrastructure sustained serious damage
    and various rockfalls occurred. The No 5 Shaft of DRDGOLD’s North West Operations, which accounts for
    approximately 11% of North West Operations total gold production and which suffered serious damage as
    a result of yesterday’s earthquake, remains closed. Production at the mine’s other seven shafts has
    returned to normal.

    The Acting Minister of Minerals and Energy, Ms Buyelwa Sonjica, visited injured employees at the mine’s
    Duff Scott Hospital and No 5 Shaft today. She complimented DRDGOLD’s staff on the efficiency with
    which the rescue of employees was completed.

    DRDGOLD is committed to cooperating in a thorough investigation into the cause of this event which will
    be conducted by the Department of Minerals and Energy.

    DRDGOLD is the world’s 9th largest primary gold producer, with mines in South Africa as well as Australasia, a key target for
    growth. For fiscal year 2004, DRDGOLD produced 905 000 ounces of gold, up from under 100 000 ounces a year in 1997,
    when current operations were amalgamated.
    DRDGOLD has primary listings on the Johannesburg (JSE:DRD) and Australian (ASX:DRD) stock exchanges and
    secondary listings on NASDAQ (DROOY), the London and Port Moresby stock exchanges and the Paris and Brussels
    Bourses. Its shares are also traded on the regulated unofficial market of the Frankfurt Stock Exchange and the Berlin OTC
    Market.

    For more information, please visit www.drdgold.com
    FORWARD-LOOKING STATEMENTS
    Some of the information in this press release may contain projections or other forward-looking statements regarding future
    events or other financial performance, including forward-looking statements and information relating to DRDGOLD that are
    based on the beliefs of management, as well as assumptions made by and information currently available to management.
    When used in this press release, the words "estimate", "project", "believe", "anticipate", "intend", "expect" and similar
    expressions are intended to identify forward-looking statements. Such statements reflect management¹s current views with
    respect to future events and are subject to risks, uncertainties and assumptions. These statements include the Company's
    ability to continue as a going concern, its ability to successfully restructure the South African operations and, in particular the
    North West operations, its ability to significantly reduce its costs in South Africa, its ability to fund its future commitments,
    including the restructure of the North West Operations.
    Many factors could cause actual results, performance or achievements to be materially different from any future results,
    performance or achievements that may be expressed or implied by such forward-looking statements, including, among
    others, adverse changes or uncertainties in general economic conditions in the markets we serve, a drop in the gold price, a
    continuing strengthening of the Rand against the Dollar, regulatory developments adverse to DRDGOLD or difficulties in
    maintaining necessary licenses or other governmental approvals, changes in DRDGOLD¹s competitive position, changes in
    business strategy, any major disruption in production at our key facilities or adverse changes in foreign exchange rates and
    various other factors.
    These risks include, without limitation, those described in the section entitled "Risk Factors" included in our annual report for
    the fiscal year ended 30 June 2004, which we filed with the United States Securities and Exchange Commission on 29
    November 2004 on Form 20-F, as amended by the Form 20-F/A filed on December 3, 2004, and those detailed from time to
    time with the United States Securities and Exchange Commission. You should not place undue reliance on these forwardlooking
    statements, which speak only as of the date thereof. We do not undertake any obligation to publicly update or revise
    these forward-looking statements to reflect events or circumstances after the date of this report or to the occurrence of
    unanticipated events.
 
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