Directors

Chairman~

Philippe Liétard was managing director of the Global Natural Resources Fund from 2000 to 2003. Prior to July 2000, he was director of the Oil, Gas and Mining Department of the International Finance Corporation.  His experience in corporate and project finance with UBS, IFC and the World Banks extends over 30 years, most of them in the minerals business and in Africa.  Mr Liétard is now an independent consultant and a promoter of mining and energy investments.  He was appointed a director in Feburary 1998 and chairman in November 2004.

Mark Bristow is a geologist with more than 25 years' experience in the mining industry and holds a PhD in Geology from Natal University.  In August 1995, he was appointed a director and subsequently, chief executive of Randgold Resources where he has been instrumental in developing the company into a gold-focused mining and exploration business with a market cap of more than US$3.5 billion and a strong investor following.  He has also played a significant role in encouraging the emergence of the mining sector in the West African sub-region where Randgold Resources has found and developed world class assets and forged productive partnerships.  He is currently a non-executive director of Rockwell Resources International and previously held board positions at African Platinum, Harmony Gold Mining Company, Durban Roodepoort Deep and Randgold & Exploration.

Graham Shuttleworth joined Randgold Resources as chief financial officer and financial director on 1 July 2007 but has been associated with the company since its inception, initially as part of its management team, involved in listing the company on the LSE in 1997, and subsequently as an advisor.  A chartered accountant, he was a Managing Director and the New York-based head of metals and mining for the Americas in the global investment banking division of HSBC before taking up his new position at Randgold Resources.  At HSBC he led or was involved in a wide range of major mining industry transactions, including Randgold Resources' Nasdaq listing, its bid for Ashanti Goldfields and its 2005 US$110 million equity offering.

Senior independent non-executive*+ø

From 1986 - 1998, Bernard Asher was an executive director of HSBC Holdings plc and chairman of the HSBC Holdings' subsidiary, HSBC Investment Bank plc. He was chairman of Lonrho Africa plc, vice-chairman of the Court of Governors of the London School of Economics and of the Legal & General Group plc and a director of Morgan Sindall plc. He is chairman of Lion Trust Asset Management and senior independent director of Morgan Sindall. He was appointed a director of Randgold Resources in 1997 and senior independent director in 2003.

Independent non-executive+ø

Norb Cole started working for the Coca-Cola Company as a field representative in the USA in 1966 and advanced steadily through the organisation, becoming chief executive of Coca-Cola Amatil in Australia in 1994, a position he held until 1998.  Under his leadership, Coca-Cola Amatil was built into the second-largest Coca-Cola bottler in the world.  Now based in San Antonio, Texas, he serves on the boards of a number of US companies.

Non-executive§

Until April 2000, Robert Israel was a managing director of Schroder & Co Inc of New York and head of its energy department.  He is now partner at Compass Advisers, LLP.  His experience in corproate finance, especially the natural resources sector, extends over 27 years.  He was appointed a director in 1997.

Independent Non-executive**

Dr Aubrey Paverd was appointed to the board in 1995.  He holds a MSc degree from Rhodes University, South Africa and a PhD from James Cook University, Queensland, Australia and brings more than 40 years of international geological experience to the board.  He served as vice president of exploration for Newmont in USA and from 1994 to 1999, he was the group executive (exploration) at North Limited in Australia.  He is now an independent consultant and a non-executive director of Compania de Minas Buenaventura.

Independent non-executive**

Dr Karl Voltaire is a graduate in mineral resources engineering from the Ecole des Mines in Paris and holds an MBA and a PhD in Economics and Finance from the University of Chicago.  He started his career as a mining engineer in Haiti and subsequently spent 23 years with the World Bank in Washington DC, the bulk of it at the International Finance Corporation (IFC) where his last position was that of director of global financial markets.  Subsequently, he was director of the Office of the President at the African Development Bank.  Since early 2005, he has been CEO of the Nelson Mandela Institution.

*     Chairman of the audit committee and member of the remuneration committee
**    Member of the audit committee
§    Chairman of the remuneration committee
+    Member of the remuneration committee
~    Chairman of the governance and nomination committee
ø    Member of the governance and nomination committee