05 August 2009
London, United Kingdom, 5 August, 2009 – Randgold Resources Limited (LSE:RRS) (NASDAQ:GOLD) (“Randgold”) and Moto Goldmines Limited (“Moto” or the “Company”) (TSX:MGL) (AIM:MOE) today announced that the offer from Randgold, which was announced on 27 July 2009, has been accepted by Moto and that they have entered into an arrangement agreement (the “Arrangement Agreement”) providing for the exchange of each outstanding common share of Moto for the equivalent of C$4.84 per share (as at 4 August 2009) on the basis of each Moto common share being exchanged for 0.07061 of a Randgold ordinary share or American Depositary Share (“ADS”) of Randgold (the “Randgold Transaction”).