Quarterly Report 31 December 2008

• Adjusted net profit up 33% for the quarter and 26% for the year
• Net profit up 3% year on year to US$47 million
• Strong balance sheet with cash at year end of US$257 million
• Group total cash costs per ounce reduced by 11% quarter on quarter
• Attributable group production increased by 6% quarter on quarter
• Tongon EIA approved – construction progressing
• Massawa drill results confirm significant discovery – scoping study underway
• Dividend payment increased by 8%

Randgold Resources Limited had 76.5 million shares in issue as at 31 December 2008