Directors

Chairman#

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 Bank extends over 30 years, most of them in the minerals business and in Africa. Now an independent consultant and a promoter of mining and energy investments. Appointed a director in February 1998 and chairman in November 2004.

Chief executive of Randgold Resources, which was founded on his pioneering exploration work in West Africa, since its incorporation. Has subsequently led the company's growth through the discovery and development of world-class assets into a major gold mining business with a market capitalisation of more than US$3.5 billion. Has also played a significant part in promoting the emergence of a sustainable mining industry in West Africa. A geologist with a PhD from Natal University, he has held board positions at a number of global mining companies and is currently a non-executive director of Rockwell Resources International.

Graham 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 Director*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.

Independent Non-Executive§‡

Christopher Coleman is co-head of banking at N M Rothschild, a director of N M Rothschild & Sons, chairman of Rothschild Bank International in the Channel Islands and serves on a number of other boards and committees in the Rothschild group, which he joined in 1989. A BSc (Econ) graduate from the London School of Economics, he served as a nonexecutive director of the Merchant Bank of Central Africa from 2001 to 2008. He was appointed to the board of Randgold Resources in November 2008.

Independent Non-Executiveø

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

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 in the World Bank Group 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, was director of the Office of the President at the African Development Bank. Since early 2005, has been CEO of the Nelson Mandela Institution.

Independent Non-Executive§

A chartered accountant, Jon Walden is managing director of Lex, a subsidiary of HBOS, and is also the senior independent director of Morgan Sindall. He was formerly a main board director of RAC and also held various positions at Rank Xerox. He was appointed to the Randgold Resources board in November 2008.

~   Chairman of the audit 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