<SEC-DOCUMENT>0001023512-19-000002.txt : 20190201
<SEC-HEADER>0001023512-19-000002.hdr.sgml : 20190201
<ACCEPTANCE-DATETIME>20190201072856
ACCESSION NUMBER:		0001023512-19-000002
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20190201
FILED AS OF DATE:		20190201
DATE AS OF CHANGE:		20190201

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			DRDGOLD LTD
		CENTRAL INDEX KEY:			0001023512
		STANDARD INDUSTRIAL CLASSIFICATION:	GOLD & SILVER ORES [1040]
		IRS NUMBER:				000000000
		FISCAL YEAR END:			0630

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-35387
		FILM NUMBER:		19557714

	BUSINESS ADDRESS:	
		STREET 1:		45 EMPIRE ROAD
		STREET 2:		PARKTOWN
		CITY:			JOHANNESBURG
		STATE:			T3
		ZIP:			2193
		BUSINESS PHONE:		27113817800

	MAIL ADDRESS:	
		STREET 1:		PO BOX 390
		STREET 2:		MARAISBURG
		CITY:			JOHANNESBURG
		STATE:			T3
		ZIP:			1700

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	DURBAN ROODEPOORT DEEP LTD
		DATE OF NAME CHANGE:	19960924
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>maindocument001.htm
<DESCRIPTION>6K
<TEXT>

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<p style="margin:0cm;margin-bottom:.0001pt;tab-stops:center 225.65pt right 451.3pt;"><font face=Calibri,sans-serif lang=EN-ZA style="font-size:11.0pt;">&nbsp;</font></p>


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<p style="border:none;margin-bottom:10.0pt;margin-left:0cm;margin-right:0cm;margin-top:0cm;"><font style="border:none;"><font face=Calibri,sans-serif lang=EN-ZA style="font-size:11.0pt;line-height:115%;">&nbsp;</font></font></p>

<p align=center style="border:none;margin-bottom:.0001pt;margin-left:0cm;margin-right:0cm;margin-top:0cm;text-align:center;"><font face="Times New Roman,serif" style="border:none;"><b><font face="Times New Roman,serif" lang=EN-GB style="font-size:12.0pt;line-height:normal;">SECURITIES
 AND EXCHANGE COMMISSION</font></b></font></p>

<p align=center style="border:none;margin-bottom:.0001pt;margin-left:0cm;margin-right:0cm;margin-top:0cm;text-align:center;"><font face="Times New Roman,serif" style="border:none;"><b><font face="Times New Roman,serif" lang=EN-GB style="font-size:12.0pt;line-height:normal;">Washington</font></b></font><font face="Times New Roman,serif" style="border:none;"><b><font face="Times New Roman,serif" lang=EN-GB style="font-size:12.0pt;line-height:normal;">, D.C. 20549</font></b></font><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-GB style="font-size:12.0pt;line-height:normal;"><br>
______________________</font></font></p>

<p align=center style="border:none;margin-bottom:.0001pt;margin-left:0cm;margin-right:0cm;margin-top:0cm;text-align:center;"><font face="Times New Roman,serif" style="border:none;"><b><font face="Times New Roman,serif" lang=EN-GB style="font-size:12.0pt;line-height:normal;">&nbsp;</font></b></font></p>

<p align=center style="border:none;margin-bottom:.0001pt;margin-left:0cm;margin-right:0cm;margin-top:0cm;text-align:center;"><font face="Times New Roman,serif" style="border:none;"><b><font face="Times New Roman,serif" lang=EN-GB style="font-size:12.0pt;line-height:normal;">FORM</font></b></font><font face="Times New Roman,serif" style="border:none;"><b><font face="Times New Roman,serif" lang=EN-GB style="font-size:12.0pt;line-height:normal;"> 6-K</font></b></font></p>

<p style="border:none;margin-bottom:.0001pt;margin-left:0cm;margin-right:0cm;margin-top:0cm;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-GB style="font-size:12.0pt;line-height:normal;">&nbsp;</font></font></p>

<p align=center style="border:none;margin-bottom:.0001pt;margin-left:0cm;margin-right:0cm;margin-top:0cm;text-align:center;"><font face="Times New Roman,serif" style="border:none;"><b><font face="Times New Roman,serif" lang=EN-GB style="font-size:12.0pt;line-height:normal;">REPORT
OF A FOREIGN PRIVATE ISSUER</font></b></font></p>

<p align=center style="border:none;margin-bottom:.0001pt;margin-left:0cm;margin-right:0cm;margin-top:0cm;text-align:center;"><font face="Times New Roman,serif" style="border:none;"><b><font face="Times New Roman,serif" lang=EN-GB style="font-size:12.0pt;line-height:normal;">PURSUANT
TO RULE 13a-16 OR 15d-16</font></b></font></p>

<p align=center style="border:none;margin-bottom:.0001pt;margin-left:0cm;margin-right:0cm;margin-top:0cm;text-align:center;"><font face="Times New Roman,serif" style="border:none;"><b><font face="Times New Roman,serif" lang=EN-GB style="font-size:12.0pt;line-height:normal;">UNDER
THE SECURITIES EXCHANGE ACT OF 1934</font></b></font></p>

<p align=center style="border:none;margin-bottom:.0001pt;margin-left:0cm;margin-right:0cm;margin-top:0cm;text-align:center;"><font face="Times New Roman,serif" style="border:none;"><b><font face="Times New Roman,serif" lang=EN-GB style="font-size:12.0pt;line-height:normal;">&nbsp;</font></b></font></p>

<p align=center style="border:none;margin-bottom:.0001pt;margin-left:0cm;margin-right:0cm;margin-top:0cm;text-align:center;"><font face="Times New Roman,serif" style="border:none;"><b><font face="Times New Roman,serif" lang=EN-GB style="font-size:12.0pt;line-height:normal;">For
February 2019</font></b></font></p>

<p align=center style="border:none;margin-bottom:.0001pt;margin-left:0cm;margin-right:0cm;margin-top:0cm;text-align:center;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-GB style="font-size:12.0pt;line-height:normal;">&nbsp;</font></font></p>

<p align=center style="border:none;margin-bottom:.0001pt;margin-left:0cm;margin-right:0cm;margin-top:0cm;text-align:center;"><font face="Times New Roman,serif" style="border:none;"><b><font face="Times New Roman,serif" lang=EN-GB style="font-size:12.0pt;line-height:normal;">Commission
File Number 0-28800</font></b></font></p>

<p align=center style="border:none;margin-bottom:.0001pt;margin-left:0cm;margin-right:0cm;margin-top:0cm;text-align:center;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-GB style="font-size:12.0pt;line-height:normal;">______________________</font></font></p>

<p align=center style="border:none;margin-bottom:.0001pt;margin-left:0cm;margin-right:0cm;margin-top:0cm;text-align:center;"><font face="Times New Roman,serif" style="border:none;"><b><font face="Times New Roman,serif" lang=EN-GB style="font-size:12.0pt;line-height:normal;">&nbsp;</font></b></font></p>

<p align=center style="border:none;margin-bottom:.0001pt;margin-left:0cm;margin-right:0cm;margin-top:0cm;text-align:center;"><font face="Times New Roman,serif" style="border:none;"><b><font face="Times New Roman,serif" lang=EN-GB style="font-size:12.0pt;line-height:normal;">DRDGOLD
Limited</font></b></font></p>

<p align=center style="border:none;margin-bottom:.0001pt;margin-left:0cm;margin-right:0cm;margin-top:0cm;text-align:center;"><font face="Times New Roman,serif" style="border:none;"><b><font face="Times New Roman,serif" lang=EN-GB style="font-size:12.0pt;line-height:normal;">&nbsp;</font></b></font></p>

<p align=center style="border:none;margin-bottom:.0001pt;margin-left:0cm;margin-right:0cm;margin-top:0cm;text-align:center;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-GB style="font-size:12.0pt;line-height:normal;">1
Sixty Jan Smuts Building, 2<sup>nd</sup> Floor-North Tower</font></font></p>

<p align=center style="border:none;margin-bottom:.0001pt;margin-left:0cm;margin-right:0cm;margin-top:0cm;text-align:center;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-GB style="font-size:12.0pt;line-height:normal;">160
Jan Smuts Avenue, Rosebank</font></font></p>

<p align=center style="border:none;margin-bottom:.0001pt;margin-left:0cm;margin-right:0cm;margin-top:0cm;text-align:center;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-GB style="font-size:12.0pt;line-height:normal;">&#160;South
Africa, 2196</font></font></p>

<p align=center style="border:none;margin-bottom:.0001pt;margin-left:0cm;margin-right:0cm;margin-top:0cm;text-align:center;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-GB style="font-size:12.0pt;line-height:normal;">&nbsp;</font></font></p>

<p align=center style="border:none;margin-bottom:.0001pt;margin-left:0cm;margin-right:0cm;margin-top:0cm;text-align:center;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-GB style="font-size:12.0pt;line-height:normal;">(</font><i><font face="Times New Roman,serif" lang=EN-GB style="font-size:12.0pt;line-height:normal;">Address
of principal executive offices</font></i><font face="Times New Roman,serif" lang=EN-GB style="font-size:12.0pt;line-height:normal;">)&nbsp;</font></font></p>

<p align=center style="border:none;margin-bottom:.0001pt;margin-left:0cm;margin-right:0cm;margin-top:0cm;text-align:center;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-GB style="font-size:12.0pt;line-height:normal;">______________________</font></font></p>

<p align=center style="border:none;margin-bottom:.0001pt;margin-left:0cm;margin-right:0cm;margin-top:0cm;text-align:center;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-GB style="font-size:12.0pt;line-height:normal;">&nbsp;</font></font></p>

<p style="border:none;margin-bottom:.0001pt;margin-left:0cm;margin-right:0cm;margin-top:0cm;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-GB style="font-size:12.0pt;line-height:normal;">Indicate by check mark whether the registrant files or will file
annual reports under cover of Form 20-F or Form 40-F.</font></font></p>

<p style="border:none;margin-bottom:.0001pt;margin-left:0cm;margin-right:0cm;margin-top:0cm;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-GB style="font-size:12.0pt;line-height:normal;">&nbsp;</font></font></p>

<p align=center style="border:none;margin-bottom:.0001pt;margin-left:0cm;margin-right:0cm;margin-top:0cm;text-align:center;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-GB style="font-size:12.0pt;line-height:normal;">Form
20-F </font></font><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-GB style="font-size:12.0pt;line-height:normal;">&#9745;</font></font><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-GB style="font-size:12.0pt;line-height:normal;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; Form 40-F </font></font><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-GB style="font-size:12.0pt;line-height:normal;"> &#9744; </font></font></p>

<p style="border:none;margin-bottom:.0001pt;margin-left:0cm;margin-right:0cm;margin-top:0cm;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-GB style="font-size:12.0pt;line-height:normal;">&nbsp;</font></font></p>

<p style="border:none;margin-bottom:10.0pt;margin-left:0cm;margin-right:0cm;margin-top:0cm;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-GB style="font-size:12.0pt;line-height:normal;">Indicate
by check mark whether the registrant by furnishing the information contained in
this Form is also thereby furnishing the information to the Commission pursuant
to Rule 12g3-2(b) under the Securities Exchange Act of 1934.</font></font></p>

<p style="border:none;margin-bottom:10.0pt;margin-left:0cm;margin-right:0cm;margin-top:0cm;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-GB style="font-size:12.0pt;line-height:normal;">&nbsp;</font></font></p>

<p align=center style="border:none;margin-bottom:10.0pt;margin-left:0cm;margin-right:0cm;margin-top:0cm;text-align:center;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-GB style="font-size:12.0pt;line-height:normal;">Yes </font></font><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-GB style="font-size:12.0pt;line-height:normal;"> &#9744; </font></font><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-GB style="font-size:12.0pt;line-height:normal;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; No </font></font><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-GB style="font-size:12.0pt;line-height:normal;">&#9745;</font></font></p>

<p style="border:none;margin-bottom:10.0pt;margin-left:0cm;margin-right:0cm;margin-top:0cm;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-GB style="font-size:12.0pt;line-height:normal;">&nbsp;</font></font></p>

<p style="border:none;margin-bottom:10.0pt;margin-left:0cm;margin-right:0cm;margin-top:0cm;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-GB style="font-size:12.0pt;line-height:normal;">If ''Yes''
is marked, indicate below the file number assigned to the registrant in
connection with Rule 12g3-2(b): N/A</font></font></p>

<p align=center style="border:none;margin-bottom:10.0pt;margin-left:0cm;margin-right:0cm;margin-top:0cm;text-align:center;"><font face="Times New Roman,serif" style="border:none;"><b><font face="Times New Roman,serif" lang=EN-GB style="font-size:12.0pt;line-height:normal;">&nbsp;</font></b></font></p>

<p align=center style="border:none;margin-bottom:10.0pt;margin-left:0cm;margin-right:0cm;margin-top:0cm;text-align:center;"><font style="border:none;"><b><font face=Calibri,sans-serif lang=EN-ZA style="font-size:12.0pt;line-height:normal;">&nbsp;</font></b></font></p>

<p style="border:none;margin-bottom:10.0pt;margin-left:0cm;margin-right:0cm;margin-top:0cm;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-ZA style="font-size:12.0pt;line-height:normal;">&nbsp;</font></font></p>

<p style="border:none;margin-bottom:10.0pt;margin-left:0cm;margin-right:0cm;margin-top:0cm;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-ZA style="font-size:12.0pt;line-height:normal;">&nbsp;</font></font></p>

<p style="border:none;margin-bottom:10.0pt;margin-left:0cm;margin-right:0cm;margin-top:0cm;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-ZA style="font-size:12.0pt;line-height:normal;">&nbsp;</font></font></p>

<p style="border:none;margin-bottom:10.0pt;margin-left:0cm;margin-right:0cm;margin-top:0cm;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-ZA style="font-size:12.0pt;line-height:normal;">&nbsp;</font></font></p>

<font face="Times New Roman,serif" style="border:none;">
&nbsp;</font>

<p style="border:none;margin-bottom:10.0pt;margin-left:0cm;margin-right:0cm;margin-top:0cm;"><font face="Times New Roman,serif" style="border:none;"><b><font face="Times New Roman,serif" lang=EN-GB style="font-size:12.0pt;line-height:115%;">&nbsp;</font></b></font></p>


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<p style="margin:0cm;margin-bottom:.0001pt;tab-stops:center 225.65pt right 451.3pt;"><font face=Calibri,sans-serif lang=EN-ZA style="font-size:11.0pt;">&nbsp;</font></p>


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<p style="margin:0cm;margin-bottom:.0001pt;tab-stops:center 225.65pt right 451.3pt;"><font face=Calibri,sans-serif lang=EN-ZA style="font-size:11.0pt;">&nbsp;</font></p>


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<p style="border:none;margin-bottom:.0001pt;margin-left:0cm;margin-right:0pt;margin-top:0cm;"><font face="Times New Roman,serif" style="border:none;"><b><font face="Times New Roman,serif" lang=EN-GB style="font-size:12.0pt;line-height:normal;">Attached to the
Registrant Form 6-K filing for the month of February 2019, incorporated</font></b></font></p>

<p style="border:none;margin-bottom:.0001pt;margin-left:0cm;margin-right:0pt;margin-top:0cm;"><font face="Times New Roman,serif" style="border:none;"><b><font face="Times New Roman,serif" lang=EN-GB style="font-size:12.0pt;line-height:normal;">by reference herein:</font></b></font></p>

<p style="border:none;margin-bottom:.0001pt;margin-left:0cm;margin-right:0cm;margin-top:0cm;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-ZA style="font-size:12.0pt;line-height:115%;">&nbsp;</font></font></p>

<p style="border:none;margin-bottom:.0001pt;margin-left:36.0pt;margin-right:0cm;margin-top:0cm;text-indent:-36.0pt;"><font face="Times New Roman,serif" style="border:none;"><b><u><font face="Times New Roman,serif" lang=EN-ZA style="font-size:12.0pt;line-height:115%;">Exhibit</font></u></b></font></p>

<p style="border:none;margin:0cm;margin-bottom:.0001pt;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-ZA style="font-size:12.0pt;line-height:130%;">&#160;&nbsp;</font></font></p>

<p style="border:none;margin-bottom:10.0pt;margin-left:36.0pt;margin-right:0cm;margin-top:0cm;text-align:justify;text-indent:-36.0pt;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-ZA style="font-size:12.0pt;line-height:115%;">99.1&#160;&#160;&#160;&#160; Release dated February 1, 2019, &#8220;OPERATING
UPDATE FOR THE QUARTER ENDED 31 DECEMBER 2018</font></font><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-ZA style="font-size:12.0pt;line-height:115%;">&#8221; </font></font></p>

<p style="border:none;margin-bottom:10.0pt;margin-left:36.0pt;margin-right:0cm;margin-top:0cm;text-align:justify;text-indent:-36.0pt;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-ZA style="font-size:12.0pt;line-height:115%;">&nbsp;</font></font></p>

<p align=center style="border:none;margin-bottom:10.0pt;margin-left:0cm;margin-right:0cm;margin-top:0cm;text-align:center;"><font face="Times New Roman,serif" style="border:none;"><b><font face="Times New Roman,serif" lang=EN-GB style="font-size:12.0pt;line-height:normal;">&nbsp;</font></b></font></p>

<p align=center style="border:none;margin-bottom:10.0pt;margin-left:0cm;margin-right:0cm;margin-top:0cm;text-align:center;"><font face="Times New Roman,serif" style="border:none;"><b><font face="Times New Roman,serif" lang=EN-GB style="font-size:12.0pt;line-height:normal;">&nbsp;</font></b></font></p>

<p align=center style="border:none;margin-bottom:10.0pt;margin-left:0cm;margin-right:0cm;margin-top:0cm;text-align:center;"><font face="Times New Roman,serif" style="border:none;"><b><font face="Times New Roman,serif" lang=EN-GB style="font-size:12.0pt;line-height:normal;">&nbsp;</font></b></font></p>

<p align=center style="border:none;margin-bottom:10.0pt;margin-left:0cm;margin-right:0cm;margin-top:0cm;text-align:center;"><font face="Times New Roman,serif" style="border:none;"><b><font face="Times New Roman,serif" lang=EN-GB style="font-size:12.0pt;line-height:normal;">&nbsp;</font></b></font></p>

<p align=center style="border:none;margin-bottom:10.0pt;margin-left:0cm;margin-right:0cm;margin-top:0cm;text-align:center;"><font face="Times New Roman,serif" style="border:none;"><b><font face="Times New Roman,serif" lang=EN-GB style="font-size:12.0pt;line-height:normal;">&nbsp;</font></b></font></p>

<p align=center style="border:none;margin-bottom:10.0pt;margin-left:0cm;margin-right:0cm;margin-top:0cm;text-align:center;"><font face="Times New Roman,serif" style="border:none;"><b><font face="Times New Roman,serif" lang=EN-GB style="font-size:12.0pt;line-height:normal;">&nbsp;</font></b></font></p>

<p align=center style="border:none;margin-bottom:10.0pt;margin-left:0cm;margin-right:0cm;margin-top:0cm;text-align:center;"><font face="Times New Roman,serif" style="border:none;"><b><font face="Times New Roman,serif" lang=EN-GB style="font-size:12.0pt;line-height:normal;">&nbsp;</font></b></font></p>

<p align=center style="border:none;margin-bottom:10.0pt;margin-left:0cm;margin-right:0cm;margin-top:0cm;text-align:center;"><font face="Times New Roman,serif" style="border:none;"><b><font face="Times New Roman,serif" lang=EN-GB style="font-size:12.0pt;line-height:normal;">&nbsp;</font></b></font></p>

<p align=center style="border:none;margin-bottom:10.0pt;margin-left:0cm;margin-right:0cm;margin-top:0cm;text-align:center;"><font face="Times New Roman,serif" style="border:none;"><b><font face="Times New Roman,serif" lang=EN-GB style="font-size:12.0pt;line-height:normal;">&nbsp;</font></b></font></p>

<p align=center style="border:none;margin-bottom:10.0pt;margin-left:0cm;margin-right:0cm;margin-top:0cm;text-align:center;"><font face="Times New Roman,serif" style="border:none;"><b><font face="Times New Roman,serif" lang=EN-GB style="font-size:12.0pt;line-height:normal;">&nbsp;</font></b></font></p>

<p align=center style="border:none;margin-bottom:10.0pt;margin-left:0cm;margin-right:0cm;margin-top:0cm;text-align:center;"><font face="Times New Roman,serif" style="border:none;"><b><font face="Times New Roman,serif" lang=EN-GB style="font-size:12.0pt;line-height:normal;">&nbsp;</font></b></font></p>

<p align=center style="border:none;margin-bottom:10.0pt;margin-left:0cm;margin-right:0cm;margin-top:0cm;text-align:center;"><font face="Times New Roman,serif" style="border:none;"><b><font face="Times New Roman,serif" lang=EN-GB style="font-size:12.0pt;line-height:normal;">&nbsp;</font></b></font></p>

<p align=center style="border:none;margin-bottom:10.0pt;margin-left:0cm;margin-right:0cm;margin-top:0cm;text-align:center;"><font face="Times New Roman,serif" style="border:none;"><b><font face="Times New Roman,serif" lang=EN-GB style="font-size:12.0pt;line-height:normal;">&nbsp;</font></b></font></p>

<p align=center style="border:none;margin-bottom:10.0pt;margin-left:0cm;margin-right:0cm;margin-top:0cm;text-align:center;"><font face="Times New Roman,serif" style="border:none;"><b><font face="Times New Roman,serif" lang=EN-GB style="font-size:12.0pt;line-height:normal;">&nbsp;</font></b></font></p>

<p align=center style="border:none;margin-bottom:10.0pt;margin-left:0cm;margin-right:0cm;margin-top:0cm;text-align:center;"><font face="Times New Roman,serif" style="border:none;"><b><font face="Times New Roman,serif" lang=EN-GB style="font-size:12.0pt;line-height:normal;">&nbsp;</font></b></font></p>

<p align=center style="border:none;margin-bottom:10.0pt;margin-left:0cm;margin-right:0cm;margin-top:0cm;text-align:center;"><font face="Times New Roman,serif" style="border:none;"><b><font face="Times New Roman,serif" lang=EN-GB style="font-size:12.0pt;line-height:normal;">&nbsp;</font></b></font></p>

<p align=center style="border:none;margin-bottom:10.0pt;margin-left:0cm;margin-right:0cm;margin-top:0cm;text-align:center;"><font face="Times New Roman,serif" style="border:none;"><b><font face="Times New Roman,serif" lang=EN-GB style="font-size:12.0pt;line-height:normal;">&nbsp;</font></b></font></p>

<p align=center style="border:none;margin-bottom:10.0pt;margin-left:0cm;margin-right:0cm;margin-top:0cm;text-align:center;"><font face="Times New Roman,serif" style="border:none;"><b><font face="Times New Roman,serif" lang=EN-GB style="font-size:12.0pt;line-height:normal;">&nbsp;</font></b></font></p>

<p align=center style="border:none;margin-bottom:10.0pt;margin-left:0cm;margin-right:0cm;margin-top:0cm;text-align:center;"><font face="Times New Roman,serif" style="border:none;"><b><font face="Times New Roman,serif" lang=EN-GB style="font-size:12.0pt;line-height:normal;">&nbsp;</font></b></font></p>

<p align=center style="border:none;margin-bottom:10.0pt;margin-left:0cm;margin-right:0cm;margin-top:0cm;text-align:center;"><font face="Times New Roman,serif" style="border:none;"><b><font face="Times New Roman,serif" lang=EN-GB style="font-size:12.0pt;line-height:normal;">&nbsp;</font></b></font></p>

<p align=center style="border:none;margin-bottom:10.0pt;margin-left:0cm;margin-right:0cm;margin-top:0cm;text-align:center;"><font face="Times New Roman,serif" style="border:none;"><b><font face="Times New Roman,serif" lang=EN-GB style="font-size:12.0pt;line-height:normal;">&nbsp;</font></b></font></p>

<p align=center style="border:none;margin-bottom:10.0pt;margin-left:0cm;margin-right:0cm;margin-top:0cm;text-align:center;"><font face="Times New Roman,serif" style="border:none;"><b><font face="Times New Roman,serif" lang=EN-GB style="font-size:12.0pt;line-height:normal;">&nbsp;</font></b></font></p>

<p align=center style="border:none;margin-bottom:10.0pt;margin-left:0cm;margin-right:0cm;margin-top:0cm;text-align:center;"><font face="Times New Roman,serif" style="border:none;"><b><font face="Times New Roman,serif" lang=EN-GB style="font-size:12.0pt;line-height:normal;">&nbsp;</font></b></font></p>

<font face="Times New Roman,serif" style="border:none;">
&nbsp;</font>

<p style="border:none;margin-bottom:10.0pt;margin-left:0cm;margin-right:0cm;margin-top:0cm;"><font face="Times New Roman,serif" style="border:none;"><b><font face="Times New Roman,serif" lang=EN-GB style="font-size:12.0pt;line-height:115%;">&nbsp;</font></b></font></p>


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<p style="margin:0cm;margin-bottom:.0001pt;tab-stops:center 225.65pt right 451.3pt;"><font face=Calibri,sans-serif lang=EN-ZA style="font-size:11.0pt;">&nbsp;</font></p>


</DIV>
<p align=center style="border:none;margin-bottom:10.0pt;margin-left:0cm;margin-right:0cm;margin-top:0cm;text-align:center;"><font face="Times New Roman,serif" style="border:none;"><b><font face="Times New Roman,serif" lang=EN-GB style="font-size:12.0pt;line-height:normal;">SIGNATURES</font></b></font></p>

<p style="border:none;margin-bottom:10.0pt;margin-left:0cm;margin-right:0cm;margin-top:0cm;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-GB style="font-size:12.0pt;line-height:normal;">Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has
duly caused this report to be signed on its behalf by the undersigned,
thereunto duly authorized.</font></font></p>

<p style="border:none;margin-bottom:10.0pt;margin-left:234.0pt;margin-right:0cm;margin-top:0cm;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-GB style="font-size:12.0pt;line-height:normal;">&nbsp;</font></font></p>

<p style="border:none;margin-bottom:10.0pt;margin-left:234.0pt;margin-right:0cm;margin-top:0cm;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-GB style="font-size:12.0pt;line-height:normal;">DRDGOLD LIMITED</font></font></p>

<p style="border:none;margin-bottom:.0001pt;margin-left:0cm;margin-right:0cm;margin-top:0cm;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-GB style="font-size:12.0pt;line-height:normal;">Date: February 1, 2019&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; By:
</font><u><font face="Times New Roman,serif" lang=EN-GB style="font-size:12.0pt;line-height:normal;">/s/ Riaan Davel</font></u></font></p>

<p style="border:none;margin-bottom:.0001pt;margin-left:0cm;margin-right:0cm;margin-top:0cm;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-GB style="font-size:12.0pt;line-height:normal;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; Name:
Riaan Davel</font></font></p>

<p style="border:none;margin-bottom:.0001pt;margin-left:0cm;margin-right:0cm;margin-top:0cm;"><font face="Times New Roman,serif" style="border:none;"><font face="Times New Roman,serif" lang=EN-GB style="font-size:12.0pt;line-height:normal;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; Title:
Chief Financial Officer</font></font></p>

<p style="border:none;margin-bottom:10.0pt;margin-left:432.0pt;margin-right:0cm;margin-top:0cm;text-indent:-56.35pt;"><font style="border:none;"><font face=Calibri,sans-serif lang=EN-GB style="font-size:11.0pt;line-height:normal;">&nbsp;</font></font></p>

<p style="border:none;margin-bottom:10.0pt;margin-left:0cm;margin-right:0cm;margin-top:0cm;"><font style="border:none;"><font face=Calibri,sans-serif lang=EN-GB style="font-size:11.0pt;line-height:115%;">&nbsp;</font></font></p>

<p style="border:none;margin-bottom:10.0pt;margin-left:0cm;margin-right:0cm;margin-top:0cm;"><font style="border:none;"><font face=Calibri,sans-serif lang=EN-GB style="font-size:11.0pt;line-height:115%;">&nbsp;</font></font></p>

<p style="border:none;margin-bottom:10.0pt;margin-left:0cm;margin-right:0cm;margin-top:0cm;"><font style="border:none;"><font face=Calibri,sans-serif lang=EN-GB style="font-size:11.0pt;line-height:115%;">&nbsp;</font></font></p>

<p style="border:none;margin-bottom:10.0pt;margin-left:0cm;margin-right:0cm;margin-top:0cm;"><font style="border:none;"><font face=Calibri,sans-serif lang=EN-GB style="font-size:11.0pt;line-height:115%;">&nbsp;</font></font></p>

<p style="border:none;margin-bottom:10.0pt;margin-left:0cm;margin-right:0cm;margin-top:0cm;"><font style="border:none;"><font face=Calibri,sans-serif lang=EN-GB style="font-size:11.0pt;line-height:115%;">&nbsp;</font></font></p>

<p style="border:none;margin-bottom:10.0pt;margin-left:0cm;margin-right:0cm;margin-top:0cm;"><font style="border:none;"><font face=Calibri,sans-serif lang=EN-GB style="font-size:11.0pt;line-height:115%;">&nbsp;</font></font></p>

<p style="border:none;margin-bottom:10.0pt;margin-left:0cm;margin-right:0cm;margin-top:0cm;"><font style="border:none;"><font face=Calibri,sans-serif lang=EN-GB style="font-size:11.0pt;line-height:115%;">&nbsp;</font></font></p>

<p style="border:none;margin-bottom:10.0pt;margin-left:432.0pt;margin-right:0cm;margin-top:0cm;text-indent:-56.35pt;"><font style="border:none;"><font face=Calibri,sans-serif lang=EN-GB style="font-size:11.0pt;line-height:normal;">&nbsp;</font></font></p>

<p style="border:none;margin-bottom:10.0pt;margin-left:432.0pt;margin-right:0cm;margin-top:0cm;text-indent:-56.35pt;"><font style="border:none;"><font face=Calibri,sans-serif lang=EN-GB style="font-size:11.0pt;line-height:normal;">&nbsp;</font></font></p>

<font face=Calibri,sans-serif style="border:none;">
&nbsp;</font>


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</DIV>
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<p style="margin:0cm;margin-bottom:.0001pt;tab-stops:center 225.65pt right 451.3pt;"><font face=Calibri,sans-serif lang=EN-ZA style="font-size:11.0pt;">&nbsp;</font></p>


</DIV>
<p style="border:none;margin-bottom:.0001pt;margin-left:432.0pt;margin-right:0cm;margin-top:0cm;text-indent:-56.35pt;"><font face="Times New Roman,serif" style="border:none;"><b><font face="Times New Roman,serif" lang=EN-GB style="font-size:12.0pt;line-height:normal;">Exhibit
99.1</font></b></font></p>

<p style="border:none;margin-bottom:10.0pt;margin-left:0cm;margin-right:0cm;margin-top:0cm;"><font style="border:none;"><font face=Calibri,sans-serif lang=EN-ZA style="font-size:11.0pt;line-height:115%;">&nbsp;</font></font></p>

<p align=center style="border:none;margin-bottom:.0001pt;margin-left:0cm;margin-right:0cm;margin-top:0cm;text-align:center;"><font face=Arial,sans-serif style="border:none;"><b><font face=Arial,sans-serif lang=EN-ZA style="font-size:10.0pt;line-height:115%;">DRDGOLD LIMITED</font></b></font></p>

<p align=center style="border:none;margin-bottom:.0001pt;margin-left:0cm;margin-right:0cm;margin-top:0cm;text-align:center;"><font face=Arial,sans-serif style="border:none;"><font face=Arial,sans-serif lang=EN-ZA style="font-size:10.0pt;line-height:115%;">(Incorporated in the Republic of
South Africa)</font></font></p>

<p align=center style="border:none;margin-bottom:.0001pt;margin-left:0cm;margin-right:0cm;margin-top:0cm;text-align:center;"><font face=Arial,sans-serif style="border:none;"><font face=Arial,sans-serif lang=EN-ZA style="font-size:10.0pt;line-height:115%;">(Registration number
1895/000926/06)</font></font></p>

<p align=center style="border:none;margin-bottom:.0001pt;margin-left:0cm;margin-right:0cm;margin-top:0cm;text-align:center;"><font face=Arial,sans-serif style="border:none;"><font face=Arial,sans-serif lang=EN-ZA style="font-size:10.0pt;line-height:115%;">ISIN: ZAE000058723</font></font></p>

<p align=center style="border:none;margin-bottom:.0001pt;margin-left:0cm;margin-right:0cm;margin-top:0cm;text-align:center;"><font face=Arial,sans-serif style="border:none;"><font face=Arial,sans-serif lang=EN-ZA style="font-size:10.0pt;line-height:115%;">JSE share code: DRD</font></font></p>

<p align=center style="border:none;margin-bottom:.0001pt;margin-left:0cm;margin-right:0cm;margin-top:0cm;text-align:center;"><font face=Arial,sans-serif style="border:none;"><font face=Arial,sans-serif lang=EN-ZA style="font-size:10.0pt;line-height:115%;">NYSE trading symbol: DRD</font></font></p>

<p align=center style="border:none;margin-bottom:10.0pt;margin-left:0cm;margin-right:0cm;margin-top:0cm;text-align:center;"><font face=Arial,sans-serif style="border:none;"><font face=Arial,sans-serif lang=EN-ZA style="font-size:10.0pt;line-height:115%;">(&#8220;</font><b><font face=Arial,sans-serif lang=EN-ZA style="font-size:10.0pt;line-height:115%;">DRDGOLD</font></b><font face=Arial,sans-serif lang=EN-ZA style="font-size:10.0pt;line-height:115%;">&#8221; or the &#8220;</font><b><font face=Arial,sans-serif lang=EN-ZA style="font-size:10.0pt;line-height:115%;">Company</font></b><font face=Arial,sans-serif lang=EN-ZA style="font-size:10.0pt;line-height:115%;">&#8221;)&nbsp;</font></font></p>

<div style="border-bottom:solid windowtext 1.0pt;border-left:none;border-right:none;border-top:solid windowtext 1.0pt;padding:1.0pt 31.0pt 1.0pt 31.0pt;">

<p style="border:none;margin-bottom:10.0pt;margin-left:0cm;margin-right:0cm;margin-top:0cm;padding:0cm;text-align:justify;"><font face=Arial,sans-serif style="border:none;"><b><font face=Arial,sans-serif lang=EN style="font-size:10.0pt;line-height:normal;">OPERATING UPDATE FOR THE QUARTER ENDED 31 DECEMBER 2018 AND
TRADING STATEMENT FOR THE SIX MONTHS ENDED 31 DECEMBER 2018</font></b></font></p>

</div>


<p style="border:none;margin-bottom:0cm;margin-left:18.0pt;margin-right:0cm;margin-top:0cm;text-indent:-18.0pt;"><font face=Arial,sans-serif style="border:none;"><b><font face=Arial,sans-serif lang=EN style="font-size:10.0pt;line-height:115%;">1.</font></b><b><font face="Times New Roman" lang=EN style="font-size:7.0pt;line-height:115%;">&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;</font></b></font><font face=Arial,sans-serif style="border:none;"><b><font face=Arial,sans-serif lang=EN style="font-size:10.0pt;line-height:115%;">Operating Update</font></b></font></p>

<p style="border:none;margin-bottom:0cm;margin-left:18.0pt;margin-right:0cm;margin-top:0cm;"><font face=Arial,sans-serif style="border:none;"><b><font face=Arial,sans-serif lang=EN style="font-size:10.0pt;line-height:115%;">&nbsp;</font></b></font></p>

<p style="border:none;margin-bottom:10.0pt;margin-left:18.0pt;margin-right:0cm;margin-top:0cm;"><font face=Arial,sans-serif style="border:none;"><font face=Arial,sans-serif lang=EN style="font-size:10.0pt;line-height:115%;">The operating update of the Company for the quarter ended 31
December 2018 is as follows:</font></font></p>

<div align=left><table border=0 cellpadding=0 cellspacing=0 style="border-collapse:collapse;width:100%;">
 <tr style="height:15.0pt;">
  <td nowrap valign=bottom width=4% style="height:15.0pt;padding:0cm 0cm 0cm 0cm;">
  <p style="margin:0cm;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=36% style="height:15.0pt;padding:0cm 0cm 0cm 0cm;">
  <p style="margin:0cm;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=3% style="height:15.0pt;padding:0cm 0cm 0cm 0cm;">
  <p style="margin:0cm;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=18% style="height:15.0pt;padding:0cm 0cm 0cm 0cm;">
  <p style="margin:0cm;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=14% style="height:15.0pt;padding:0cm 2.0pt 0cm 2.0pt;">
  <p style="margin:0cm;margin-bottom:.0001pt;"><b><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">31 Dec 2018</font></b></p>
  </td>
 <td nowrap valign=bottom width=14% style="height:15.0pt;padding:0cm 2.0pt 0cm 2.0pt;">
  <p style="margin:0cm;margin-bottom:.0001pt;"><b><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">30 Sep 2018</font></b></p>
  </td>
 <td nowrap valign=bottom width=11% style="height:15.0pt;padding:0cm 2.0pt 0cm 2.0pt;">
  <p style="margin:0cm;margin-bottom:.0001pt;"><b><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">% change</font></b></p>
  </td>
 </tr>
<tr style="height:15.0pt;">
  <td nowrap valign=bottom width=4% style="height:15.0pt;padding:0cm 0cm 0cm 0cm;">
  <p style="margin:0cm;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=36% style="height:15.0pt;padding:0cm 2.0pt 0cm 2.0pt;">
  <p style="margin:0cm;margin-bottom:.0001pt;"><b><u><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">Production</font></u></b></p>
  </td>
 <td nowrap valign=bottom width=3% style="height:15.0pt;padding:0cm 0cm 0cm 0cm;">
  <p style="margin:0cm;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=18% style="height:15.0pt;padding:0cm 0cm 0cm 0cm;">
  <p style="margin:0cm;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=14% style="height:15.0pt;padding:0cm 0cm 0cm 0cm;">
  <p style="margin:0cm;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=14% style="height:15.0pt;padding:0cm 0cm 0cm 0cm;">
  <p style="margin:0cm;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=11% style="height:15.0pt;padding:0cm 0cm 0cm 0cm;">
  <p style="margin:0cm;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:13.5pt;">
  <td nowrap valign=bottom width=4% style="height:13.5pt;padding:0cm 0cm 0cm 0cm;">
  <p style="margin:0cm;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=36% style="height:13.5pt;padding:0cm 2.0pt 0cm 2.0pt;">
  <p style="margin:0cm;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">Gold produced</font></p>
  </td>
 <td nowrap valign=bottom width=3% style="height:13.5pt;padding:0cm 0cm 0cm 0cm;">
  <p style="margin:0cm;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=18% style="height:13.5pt;padding:0cm 2.0pt 0cm 2.0pt;">
  <p style="margin:0cm;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">kg</font></p>
  </td>
 <td nowrap valign=bottom width=14% style="height:13.5pt;padding:0cm 5.75pt 0cm 2.0pt;">
  <p align=right style="margin:0cm;margin-bottom:.0001pt;text-align:right;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">1&nbsp;111</font></p>
  </td>
 <td nowrap valign=bottom width=14% style="height:13.5pt;padding:0cm 5.75pt 0cm 2.0pt;">
  <p align=right style="margin:0cm;margin-bottom:.0001pt;text-align:right;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">1&nbsp;169</font></p>
  </td>
 <td nowrap valign=bottom width=11% style="height:13.5pt;padding:0cm 2.0pt 0cm 2.0pt;">
  <p align=right style="margin:0cm;margin-bottom:.0001pt;text-align:right;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">-5%</font></p>
  </td>
 </tr>
<tr style="height:13.5pt;">
  <td nowrap valign=bottom width=4% style="height:13.5pt;padding:0cm 0cm 0cm 0cm;">
  <p style="margin:0cm;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=36% style="height:13.5pt;padding:0cm 0cm 0cm 0cm;">
  <p style="margin:0cm;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=3% style="height:13.5pt;padding:0cm 0cm 0cm 0cm;">
  <p style="margin:0cm;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=18% style="height:13.5pt;padding:0cm 2.0pt 0cm 2.0pt;">
  <p style="margin:0cm;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">oz</font></p>
  </td>
 <td nowrap valign=bottom width=14% style="height:13.5pt;padding:0cm 5.75pt 0cm 2.0pt;">
  <p align=right style="margin:0cm;margin-bottom:.0001pt;text-align:right;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">35&nbsp;732</font></p>
  </td>
 <td nowrap valign=bottom width=14% style="height:13.5pt;padding:0cm 5.75pt 0cm 2.0pt;">
  <p align=right style="margin:0cm;margin-bottom:.0001pt;text-align:right;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">37&nbsp;572</font></p>
  </td>
 <td nowrap valign=bottom width=11% style="height:13.5pt;padding:0cm 2.0pt 0cm 2.0pt;">
  <p align=right style="margin:0cm;margin-bottom:.0001pt;text-align:right;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">-5%</font></p>
  </td>
 </tr>
<tr style="height:13.5pt;">
  <td nowrap valign=bottom width=4% style="height:13.5pt;padding:0cm 0cm 0cm 0cm;">
  <p style="margin:0cm;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=36% style="height:13.5pt;padding:0cm 2.0pt 0cm 2.0pt;">
  <p style="margin:0cm;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">Gold sold</font></p>
  </td>
 <td nowrap valign=bottom width=3% style="height:13.5pt;padding:0cm 0cm 0cm 0cm;">
  <p style="margin:0cm;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=18% style="height:13.5pt;padding:0cm 2.0pt 0cm 2.0pt;">
  <p style="margin:0cm;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">kg</font></p>
  </td>
 <td nowrap valign=bottom width=14% style="height:13.5pt;padding:0cm 5.75pt 0cm 2.0pt;">
  <p align=right style="margin:0cm;margin-bottom:.0001pt;text-align:right;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">1&nbsp;137</font></p>
  </td>
 <td nowrap valign=bottom width=14% style="height:13.5pt;padding:0cm 5.75pt 0cm 2.0pt;">
  <p align=right style="margin:0cm;margin-bottom:.0001pt;text-align:right;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">1&nbsp;118</font></p>
  </td>
 <td nowrap valign=bottom width=11% style="height:13.5pt;padding:0cm 2.0pt 0cm 2.0pt;">
  <p align=right style="margin:0cm;margin-bottom:.0001pt;text-align:right;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">2%</font></p>
  </td>
 </tr>
<tr style="height:13.5pt;">
  <td nowrap valign=bottom width=4% style="height:13.5pt;padding:0cm 0cm 0cm 0cm;">
  <p style="margin:0cm;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=36% style="height:13.5pt;padding:0cm 0cm 0cm 0cm;">
  <p style="margin:0cm;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=3% style="height:13.5pt;padding:0cm 0cm 0cm 0cm;">
  <p style="margin:0cm;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=18% style="height:13.5pt;padding:0cm 2.0pt 0cm 2.0pt;">
  <p style="margin:0cm;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">oz</font></p>
  </td>
 <td nowrap valign=bottom width=14% style="height:13.5pt;padding:0cm 5.75pt 0cm 2.0pt;">
  <p align=right style="margin:0cm;margin-bottom:.0001pt;text-align:right;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">36&nbsp;556</font></p>
  </td>
 <td nowrap valign=bottom width=14% style="height:13.5pt;padding:0cm 5.75pt 0cm 2.0pt;">
  <p align=right style="margin:0cm;margin-bottom:.0001pt;text-align:right;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">35&nbsp;944</font></p>
  </td>
 <td nowrap valign=bottom width=11% style="height:13.5pt;padding:0cm 2.0pt 0cm 2.0pt;">
  <p align=right style="margin:0cm;margin-bottom:.0001pt;text-align:right;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">2%</font></p>
  </td>
 </tr>
<tr style="height:13.5pt;">
  <td nowrap valign=bottom width=4% style="height:13.5pt;padding:0cm 0cm 0cm 0cm;">
  <p style="margin:0cm;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=36% style="height:13.5pt;padding:0cm 2.0pt 0cm 2.0pt;">
  <p style="margin:0cm;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">Ore Milled</font></p>
  </td>
 <td nowrap valign=bottom width=3% style="height:13.5pt;padding:0cm 0cm 0cm 0cm;">
  <p style="margin:0cm;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=18% style="height:13.5pt;padding:0cm 2.0pt 0cm 2.0pt;">
  <p style="margin:0cm;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">Metric (000't) </font></p>
  </td>
 <td nowrap valign=bottom width=14% style="height:13.5pt;padding:0cm 5.75pt 0cm 2.0pt;">
  <p align=right style="margin:0cm;margin-bottom:.0001pt;text-align:right;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">5&nbsp;755</font></p>
  </td>
 <td nowrap valign=bottom width=14% style="height:13.5pt;padding:0cm 5.75pt 0cm 2.0pt;">
  <p align=right style="margin:0cm;margin-bottom:.0001pt;text-align:right;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">6&nbsp;249</font></p>
  </td>
 <td nowrap valign=bottom width=11% style="height:13.5pt;padding:0cm 2.0pt 0cm 2.0pt;">
  <p align=right style="margin:0cm;margin-bottom:.0001pt;text-align:right;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">-8%</font></p>
  </td>
 </tr>
<tr style="height:13.5pt;">
  <td nowrap valign=bottom width=4% style="height:13.5pt;padding:0cm 0cm 0cm 0cm;">
  <p style="margin:0cm;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=36% style="height:13.5pt;padding:0cm 2.0pt 0cm 2.0pt;">
  <p style="margin:0cm;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">Yield</font></p>
  </td>
 <td nowrap valign=bottom width=3% style="height:13.5pt;padding:0cm 0cm 0cm 0cm;">
  <p style="margin:0cm;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=18% style="height:13.5pt;padding:0cm 2.0pt 0cm 2.0pt;">
  <p style="margin:0cm;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">Metric (g/t)</font></p>
  </td>
 <td nowrap valign=bottom width=14% style="height:13.5pt;padding:0cm 5.75pt 0cm 2.0pt;">
  <p align=right style="margin:0cm;margin-bottom:.0001pt;text-align:right;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">0.193</font></p>
  </td>
 <td nowrap valign=bottom width=14% style="height:13.5pt;padding:0cm 5.75pt 0cm 2.0pt;">
  <p align=right style="margin:0cm;margin-bottom:.0001pt;text-align:right;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">0.187</font></p>
  </td>
 <td nowrap valign=bottom width=11% style="height:13.5pt;padding:0cm 2.0pt 0cm 2.0pt;">
  <p align=right style="margin:0cm;margin-bottom:.0001pt;text-align:right;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">3%</font></p>
  </td>
 </tr>
</table></div>



<div align=left><table border=0 cellpadding=0 cellspacing=0 style="border-collapse:collapse;width:100%;">
 <tr style="height:15.0pt;">
  <td nowrap valign=bottom width=4% style="height:15.0pt;padding:0cm 0cm 0cm 0cm;">
  <p style="margin:0cm;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=36% style="height:15.0pt;padding:0cm 0cm 0cm 0cm;">
  <p style="margin:0cm;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=3% style="height:15.0pt;padding:0cm 0cm 0cm 0cm;">
  <p style="margin:0cm;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=18% style="height:15.0pt;padding:0cm 0cm 0cm 0cm;">
  <p style="margin:0cm;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=14% style="height:15.0pt;padding:0cm 0cm 0cm 0cm;">
  <p style="margin:0cm;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=14% style="height:15.0pt;padding:0cm 0cm 0cm 0cm;">
  <p style="margin:0cm;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=11% style="height:15.0pt;padding:0cm 0cm 0cm 0cm;">
  <p style="margin:0cm;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:15.0pt;">
  <td nowrap valign=bottom width=4% style="height:15.0pt;padding:0cm 0cm 0cm 0cm;">
  <p style="margin:0cm;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=36% style="height:15.0pt;padding:0cm 2.0pt 0cm 2.0pt;">
  <p style="margin:0cm;margin-bottom:.0001pt;"><b><u><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">Price and costs</font></u></b></p>
  </td>
 <td nowrap valign=bottom width=3% style="height:15.0pt;padding:0cm 0cm 0cm 0cm;">
  <p style="margin:0cm;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=18% style="height:15.0pt;padding:0cm 0cm 0cm 0cm;">
  <p style="margin:0cm;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=14% style="height:15.0pt;padding:0cm 0cm 0cm 0cm;">
  <p style="margin:0cm;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=14% style="height:15.0pt;padding:0cm 0cm 0cm 0cm;">
  <p style="margin:0cm;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=11% style="height:15.0pt;padding:0cm 0cm 0cm 0cm;">
  <p style="margin:0cm;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:13.5pt;">
  <td nowrap valign=bottom width=4% style="height:13.5pt;padding:0cm 0cm 0cm 0cm;">
  <p style="margin:0cm;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=36% style="height:13.5pt;padding:0cm 2.0pt 0cm 2.0pt;">
  <p style="margin:0cm;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">Average gold price received</font></p>
  </td>
 <td nowrap valign=bottom width=3% style="height:13.5pt;padding:0cm 0cm 0cm 0cm;">
  <p style="margin:0cm;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=18% style="height:13.5pt;padding:0cm 2.0pt 0cm 2.0pt;">
  <p style="margin:0cm;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">R per kg</font></p>
  </td>
 <td nowrap valign=bottom width=14% style="height:13.5pt;padding:0cm 5.75pt 0cm 2.0pt;">
  <p align=right style="margin:0cm;margin-bottom:.0001pt;text-align:right;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">564&nbsp;218</font></p>
  </td>
 <td nowrap valign=bottom width=14% style="height:13.5pt;padding:0cm 5.75pt 0cm 2.0pt;">
  <p align=right style="margin:0cm;margin-bottom:.0001pt;text-align:right;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">545&nbsp;867</font></p>
  </td>
 <td nowrap valign=bottom width=11% style="height:13.5pt;padding:0cm 2.0pt 0cm 2.0pt;">
  <p align=right style="margin:0cm;margin-bottom:.0001pt;text-align:right;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">3%</font></p>
  </td>
 </tr>
<tr style="height:13.5pt;">
  <td nowrap valign=bottom width=4% style="height:13.5pt;padding:0cm 0cm 0cm 0cm;">
  <p style="margin:0cm;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=36% style="height:13.5pt;padding:0cm 0cm 0cm 0cm;">
  <p style="margin:0cm;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=3% style="height:13.5pt;padding:0cm 0cm 0cm 0cm;">
  <p style="margin:0cm;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=18% style="height:13.5pt;padding:0cm 2.0pt 0cm 2.0pt;">
  <p style="margin:0cm;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">US per oz</font></p>
  </td>
 <td nowrap valign=bottom width=14% style="height:13.5pt;padding:0cm 5.75pt 0cm 2.0pt;">
  <p align=right style="margin:0cm;margin-bottom:.0001pt;text-align:right;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">1&nbsp;227</font></p>
  </td>
 <td nowrap valign=bottom width=14% style="height:13.5pt;padding:0cm 5.75pt 0cm 2.0pt;">
  <p align=right style="margin:0cm;margin-bottom:.0001pt;text-align:right;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">1&nbsp;208</font></p>
  </td>
 <td nowrap valign=bottom width=11% style="height:13.5pt;padding:0cm 2.0pt 0cm 2.0pt;">
  <p align=right style="margin:0cm;margin-bottom:.0001pt;text-align:right;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">2%</font></p>
  </td>
 </tr>
<tr style="height:13.5pt;">
  <td nowrap valign=bottom width=4% style="height:13.5pt;padding:0cm 0cm 0cm 0cm;">
  <p style="margin:0cm;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=36% style="height:13.5pt;padding:0cm 2.0pt 0cm 2.0pt;">
  <p style="margin:0cm;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">Adjusted EBITDA *</font></p>
  </td>
 <td nowrap valign=bottom width=3% style="height:13.5pt;padding:0cm 0cm 0cm 0cm;">
  <p style="margin:0cm;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=18% style="height:13.5pt;padding:0cm 2.0pt 0cm 2.0pt;">
  <p style="margin:0cm;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">Rm</font></p>
  </td>
 <td nowrap valign=bottom width=14% style="height:13.5pt;padding:0cm 5.75pt 0cm 2.0pt;">
  <p align=right style="margin:0cm;margin-bottom:.0001pt;text-align:right;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">29.2</font></p>
  </td>
 <td nowrap valign=bottom width=14% style="height:13.5pt;padding:0cm 5.75pt 0cm 2.0pt;">
  <p align=right style="margin:0cm;margin-bottom:.0001pt;text-align:right;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">12.9</font></p>
  </td>
 <td nowrap valign=bottom width=11% style="height:13.5pt;padding:0cm 2.0pt 0cm 2.0pt;">
  <p align=right style="margin:0cm;margin-bottom:.0001pt;text-align:right;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">129%</font></p>
  </td>
 </tr>
<tr style="height:13.5pt;">
  <td nowrap valign=bottom width=4% style="height:13.5pt;padding:0cm 0cm 0cm 0cm;">
  <p style="margin:0cm;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=36% style="height:13.5pt;padding:0cm 0cm 0cm 0cm;">
  <p style="margin:0cm;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=3% style="height:13.5pt;padding:0cm 0cm 0cm 0cm;">
  <p style="margin:0cm;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=18% style="height:13.5pt;padding:0cm 2.0pt 0cm 2.0pt;">
  <p style="margin:0cm;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">US$m</font></p>
  </td>
 <td nowrap valign=bottom width=14% style="height:13.5pt;padding:0cm 5.75pt 0cm 2.0pt;">
  <p align=right style="margin:0cm;margin-bottom:.0001pt;text-align:right;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">2.0</font></p>
  </td>
 <td nowrap valign=bottom width=14% style="height:13.5pt;padding:0cm 5.75pt 0cm 2.0pt;">
  <p align=right style="margin:0cm;margin-bottom:.0001pt;text-align:right;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">0.9</font></p>
  </td>
 <td nowrap valign=bottom width=11% style="height:13.5pt;padding:0cm 2.0pt 0cm 2.0pt;">
  <p align=right style="margin:0cm;margin-bottom:.0001pt;text-align:right;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">128%</font></p>
  </td>
 </tr>
<tr style="height:13.5pt;">
  <td nowrap valign=bottom width=4% style="height:13.5pt;padding:0cm 0cm 0cm 0cm;">
  <p style="margin:0cm;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=36% style="height:13.5pt;padding:0cm 2.0pt 0cm 2.0pt;">
  <p style="margin:0cm;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">Cash operating costs</font></p>
  </td>
 <td nowrap valign=bottom width=3% style="height:13.5pt;padding:0cm 0cm 0cm 0cm;">
  <p style="margin:0cm;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=18% style="height:13.5pt;padding:0cm 2.0pt 0cm 2.0pt;">
  <p style="margin:0cm;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">R/t</font></p>
  </td>
 <td nowrap valign=bottom width=14% style="height:13.5pt;padding:0cm 5.75pt 0cm 2.0pt;">
  <p align=right style="margin:0cm;margin-bottom:.0001pt;text-align:right;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">101</font></p>
  </td>
 <td nowrap valign=bottom width=14% style="height:13.5pt;padding:0cm 5.75pt 0cm 2.0pt;">
  <p align=right style="margin:0cm;margin-bottom:.0001pt;text-align:right;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">94</font></p>
  </td>
 <td nowrap valign=bottom width=11% style="height:13.5pt;padding:0cm 2.0pt 0cm 2.0pt;">
  <p align=right style="margin:0cm;margin-bottom:.0001pt;text-align:right;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">8%</font></p>
  </td>
 </tr>
<tr style="height:13.5pt;">
  <td nowrap valign=bottom width=4% style="height:13.5pt;padding:0cm 0cm 0cm 0cm;">
  <p style="margin:0cm;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=36% style="height:13.5pt;padding:0cm 0cm 0cm 0cm;">
  <p style="margin:0cm;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=3% style="height:13.5pt;padding:0cm 0cm 0cm 0cm;">
  <p style="margin:0cm;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=18% style="height:13.5pt;padding:0cm 2.0pt 0cm 2.0pt;">
  <p style="margin:0cm;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">US/t</font></p>
  </td>
 <td nowrap valign=bottom width=14% style="height:13.5pt;padding:0cm 5.75pt 0cm 2.0pt;">
  <p align=right style="margin:0cm;margin-bottom:.0001pt;text-align:right;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">7</font></p>
  </td>
 <td nowrap valign=bottom width=14% style="height:13.5pt;padding:0cm 5.75pt 0cm 2.0pt;">
  <p align=right style="margin:0cm;margin-bottom:.0001pt;text-align:right;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">7</font></p>
  </td>
 <td nowrap valign=bottom width=11% style="height:13.5pt;padding:0cm 2.0pt 0cm 2.0pt;">
  <p align=right style="margin:0cm;margin-bottom:.0001pt;text-align:right;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">6%</font></p>
  </td>
 </tr>
<tr style="height:13.5pt;">
  <td nowrap valign=bottom width=4% style="height:13.5pt;padding:0cm 0cm 0cm 0cm;">
  <p style="margin:0cm;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=36% style="height:13.5pt;padding:0cm 2.0pt 0cm 2.0pt;">
  <p style="margin:0cm;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">Cash operating costs</font></p>
  </td>
 <td nowrap valign=bottom width=3% style="height:13.5pt;padding:0cm 0cm 0cm 0cm;">
  <p style="margin:0cm;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=18% style="height:13.5pt;padding:0cm 2.0pt 0cm 2.0pt;">
  <p style="margin:0cm;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">R per kg</font></p>
  </td>
 <td nowrap valign=bottom width=14% style="height:13.5pt;padding:0cm 5.75pt 0cm 2.0pt;">
  <p align=right style="margin:0cm;margin-bottom:.0001pt;text-align:right;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">510&nbsp;245</font></p>
  </td>
 <td nowrap valign=bottom width=14% style="height:13.5pt;padding:0cm 5.75pt 0cm 2.0pt;">
  <p align=right style="margin:0cm;margin-bottom:.0001pt;text-align:right;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">509&nbsp;979</font></p>
  </td>
 <td nowrap valign=bottom width=11% style="height:13.5pt;padding:0cm 2.0pt 0cm 2.0pt;">
  <p align=right style="margin:0cm;margin-bottom:.0001pt;text-align:right;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">0%</font></p>
  </td>
 </tr>
<tr style="height:13.5pt;">
  <td nowrap valign=bottom width=4% style="height:13.5pt;padding:0cm 0cm 0cm 0cm;">
  <p style="margin:0cm;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=36% style="height:13.5pt;padding:0cm 0cm 0cm 0cm;">
  <p style="margin:0cm;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=3% style="height:13.5pt;padding:0cm 0cm 0cm 0cm;">
  <p style="margin:0cm;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=18% style="height:13.5pt;padding:0cm 2.0pt 0cm 2.0pt;">
  <p style="margin:0cm;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">US per oz</font></p>
  </td>
 <td nowrap valign=bottom width=14% style="height:13.5pt;padding:0cm 5.75pt 0cm 2.0pt;">
  <p align=right style="margin:0cm;margin-bottom:.0001pt;text-align:right;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">1&nbsp;110</font></p>
  </td>
 <td nowrap valign=bottom width=14% style="height:13.5pt;padding:0cm 5.75pt 0cm 2.0pt;">
  <p align=right style="margin:0cm;margin-bottom:.0001pt;text-align:right;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">1&nbsp;129</font></p>
  </td>
 <td nowrap valign=bottom width=11% style="height:13.5pt;padding:0cm 2.0pt 0cm 2.0pt;">
  <p align=right style="margin:0cm;margin-bottom:.0001pt;text-align:right;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">-2%</font></p>
  </td>
 </tr>
<tr style="height:13.5pt;">
  <td nowrap valign=bottom width=4% style="height:13.5pt;padding:0cm 0cm 0cm 0cm;">
  <p style="margin:0cm;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=36% style="height:13.5pt;padding:0cm 2.0pt 0cm 2.0pt;">
  <p style="margin:0cm;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">All-in sustaining costs **</font></p>
  </td>
 <td nowrap valign=bottom width=3% style="height:13.5pt;padding:0cm 0cm 0cm 0cm;">
  <p style="margin:0cm;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=18% style="height:13.5pt;padding:0cm 2.0pt 0cm 2.0pt;">
  <p style="margin:0cm;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">R per kg</font></p>
  </td>
 <td nowrap valign=bottom width=14% style="height:13.5pt;padding:0cm 5.75pt 0cm 2.0pt;">
  <p align=right style="margin:0cm;margin-bottom:.0001pt;text-align:right;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">560&nbsp;512</font></p>
  </td>
 <td nowrap valign=bottom width=14% style="height:13.5pt;padding:0cm 5.75pt 0cm 2.0pt;">
  <p align=right style="margin:0cm;margin-bottom:.0001pt;text-align:right;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">541&nbsp;541</font></p>
  </td>
 <td nowrap valign=bottom width=11% style="height:13.5pt;padding:0cm 2.0pt 0cm 2.0pt;">
  <p align=right style="margin:0cm;margin-bottom:.0001pt;text-align:right;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">4%</font></p>
  </td>
 </tr>
<tr style="height:13.5pt;">
  <td nowrap valign=bottom width=4% style="height:13.5pt;padding:0cm 0cm 0cm 0cm;">
  <p style="margin:0cm;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=36% style="height:13.5pt;padding:0cm 0cm 0cm 0cm;">
  <p style="margin:0cm;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=3% style="height:13.5pt;padding:0cm 0cm 0cm 0cm;">
  <p style="margin:0cm;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=18% style="height:13.5pt;padding:0cm 2.0pt 0cm 2.0pt;">
  <p style="margin:0cm;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">US per oz</font></p>
  </td>
 <td nowrap valign=bottom width=14% style="height:13.5pt;padding:0cm 5.75pt 0cm 2.0pt;">
  <p align=right style="margin:0cm;margin-bottom:.0001pt;text-align:right;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">1&nbsp;219</font></p>
  </td>
 <td nowrap valign=bottom width=14% style="height:13.5pt;padding:0cm 5.75pt 0cm 2.0pt;">
  <p align=right style="margin:0cm;margin-bottom:.0001pt;text-align:right;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">1&nbsp;199</font></p>
  </td>
 <td nowrap valign=bottom width=11% style="height:13.5pt;padding:0cm 2.0pt 0cm 2.0pt;">
  <p align=right style="margin:0cm;margin-bottom:.0001pt;text-align:right;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">2%</font></p>
  </td>
 </tr>
<tr style="height:13.5pt;">
  <td nowrap valign=bottom width=4% style="height:13.5pt;padding:0cm 0cm 0cm 0cm;">
  <p style="margin:0cm;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=36% style="height:13.5pt;padding:0cm 2.0pt 0cm 2.0pt;">
  <p style="margin:0cm;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">All-in cost **</font></p>
  </td>
 <td nowrap valign=bottom width=3% style="height:13.5pt;padding:0cm 0cm 0cm 0cm;">
  <p style="margin:0cm;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=18% style="height:13.5pt;padding:0cm 2.0pt 0cm 2.0pt;">
  <p style="margin:0cm;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">R per kg</font></p>
  </td>
 <td nowrap valign=bottom width=14% style="height:13.5pt;padding:0cm 5.75pt 0cm 2.0pt;">
  <p align=right style="margin:0cm;margin-bottom:.0001pt;text-align:right;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">732&nbsp;394</font></p>
  </td>
 <td nowrap valign=bottom width=14% style="height:13.5pt;padding:0cm 5.75pt 0cm 2.0pt;">
  <p align=right style="margin:0cm;margin-bottom:.0001pt;text-align:right;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">658&nbsp;180</font></p>
  </td>
 <td nowrap valign=bottom width=11% style="height:13.5pt;padding:0cm 2.0pt 0cm 2.0pt;">
  <p align=right style="margin:0cm;margin-bottom:.0001pt;text-align:right;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">11%</font></p>
  </td>
 </tr>
<tr style="height:13.5pt;">
  <td nowrap valign=bottom width=4% style="height:13.5pt;padding:0cm 0cm 0cm 0cm;">
  <p style="margin:0cm;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=36% style="height:13.5pt;padding:0cm 0cm 0cm 0cm;">
  <p style="margin:0cm;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=3% style="height:13.5pt;padding:0cm 0cm 0cm 0cm;">
  <p style="margin:0cm;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=18% style="height:13.5pt;padding:0cm 2.0pt 0cm 2.0pt;">
  <p style="margin:0cm;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">US per oz</font></p>
  </td>
 <td nowrap valign=bottom width=14% style="height:13.5pt;padding:0cm 5.75pt 0cm 2.0pt;">
  <p align=right style="margin:0cm;margin-bottom:.0001pt;text-align:right;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">1&nbsp;593</font></p>
  </td>
 <td nowrap valign=bottom width=14% style="height:13.5pt;padding:0cm 5.75pt 0cm 2.0pt;">
  <p align=right style="margin:0cm;margin-bottom:.0001pt;text-align:right;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">1&nbsp;457</font></p>
  </td>
 <td nowrap valign=bottom width=11% style="height:13.5pt;padding:0cm 2.0pt 0cm 2.0pt;">
  <p align=right style="margin:0cm;margin-bottom:.0001pt;text-align:right;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">9%</font></p>
  </td>
 </tr>
</table></div>



<div align=left><table border=0 cellpadding=0 cellspacing=0 style="border-collapse:collapse;width:100%;">
 <tr style="height:15.0pt;">
  <td nowrap valign=bottom width=4% style="height:15.0pt;padding:0cm 0cm 0cm 0cm;">
  <p style="margin:0cm;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=36% style="height:15.0pt;padding:0cm 0cm 0cm 0cm;">
  <p style="margin:0cm;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=3% style="height:15.0pt;padding:0cm 0cm 0cm 0cm;">
  <p style="margin:0cm;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=18% style="height:15.0pt;padding:0cm 0cm 0cm 0cm;">
  <p style="margin:0cm;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=14% style="height:15.0pt;padding:0cm 0cm 0cm 0cm;">
  <p style="margin:0cm;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=14% style="height:15.0pt;padding:0cm 0cm 0cm 0cm;">
  <p style="margin:0cm;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=11% style="height:15.0pt;padding:0cm 0cm 0cm 0cm;">
  <p style="margin:0cm;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:15.0pt;">
  <td nowrap valign=bottom width=4% style="height:15.0pt;padding:0cm 0cm 0cm 0cm;">
  <p style="margin:0cm;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=36% style="height:15.0pt;padding:0cm 2.0pt 0cm 2.0pt;">
  <p style="margin:0cm;margin-bottom:.0001pt;"><b><u><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">Capital expenditure</font></u></b></p>
  </td>
 <td nowrap valign=bottom width=3% style="height:15.0pt;padding:0cm 0cm 0cm 0cm;">
  <p style="margin:0cm;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=18% style="height:15.0pt;padding:0cm 0cm 0cm 0cm;">
  <p style="margin:0cm;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=14% style="height:15.0pt;padding:0cm 0cm 0cm 0cm;">
  <p style="margin:0cm;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=14% style="height:15.0pt;padding:0cm 0cm 0cm 0cm;">
  <p style="margin:0cm;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=11% style="height:15.0pt;padding:0cm 0cm 0cm 0cm;">
  <p style="margin:0cm;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:13.5pt;">
  <td nowrap valign=bottom width=4% style="height:13.5pt;padding:0cm 0cm 0cm 0cm;">
  <p style="margin:0cm;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=36% style="height:13.5pt;padding:0cm 2.0pt 0cm 2.0pt;">
  <p style="margin:0cm;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">Sustaining</font></p>
  </td>
 <td nowrap valign=bottom width=3% style="height:13.5pt;padding:0cm 0cm 0cm 0cm;">
  <p style="margin:0cm;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=18% style="height:13.5pt;padding:0cm 2.0pt 0cm 2.0pt;">
  <p style="margin:0cm;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">Rm</font></p>
  </td>
 <td nowrap valign=bottom width=14% style="height:13.5pt;padding:0cm 5.75pt 0cm 2.0pt;">
  <p align=right style="margin:0cm;margin-bottom:.0001pt;text-align:right;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">9.8</font></p>
  </td>
 <td nowrap valign=bottom width=14% style="height:13.5pt;padding:0cm 5.75pt 0cm 2.0pt;">
  <p align=right style="margin:0cm;margin-bottom:.0001pt;text-align:right;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">3.8</font></p>
  </td>
 <td nowrap valign=bottom width=11% style="height:13.5pt;padding:0cm 2.0pt 0cm 2.0pt;">
  <p align=right style="margin:0cm;margin-bottom:.0001pt;text-align:right;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">158%</font></p>
  </td>
 </tr>
<tr style="height:13.5pt;">
  <td nowrap valign=bottom width=4% style="height:13.5pt;padding:0cm 0cm 0cm 0cm;">
  <p style="margin:0cm;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=36% style="height:13.5pt;padding:0cm 0cm 0cm 0cm;">
  <p style="margin:0cm;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=3% style="height:13.5pt;padding:0cm 0cm 0cm 0cm;">
  <p style="margin:0cm;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=18% style="height:13.5pt;padding:0cm 2.0pt 0cm 2.0pt;">
  <p style="margin:0cm;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">US$m</font></p>
  </td>
 <td nowrap valign=bottom width=14% style="height:13.5pt;padding:0cm 5.75pt 0cm 2.0pt;">
  <p align=right style="margin:0cm;margin-bottom:.0001pt;text-align:right;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">0.7</font></p>
  </td>
 <td nowrap valign=bottom width=14% style="height:13.5pt;padding:0cm 5.75pt 0cm 2.0pt;">
  <p align=right style="margin:0cm;margin-bottom:.0001pt;text-align:right;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">0.3</font></p>
  </td>
 <td nowrap valign=bottom width=11% style="height:13.5pt;padding:0cm 2.0pt 0cm 2.0pt;">
  <p align=right style="margin:0cm;margin-bottom:.0001pt;text-align:right;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">128%</font></p>
  </td>
 </tr>
<tr style="height:13.5pt;">
  <td nowrap valign=bottom width=4% style="height:13.5pt;padding:0cm 0cm 0cm 0cm;">
  <p style="margin:0cm;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=36% style="height:13.5pt;padding:0cm 2.0pt 0cm 2.0pt;">
  <p style="margin:0cm;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">Non-sustaining/growth</font></p>
  </td>
 <td nowrap valign=bottom width=3% style="height:13.5pt;padding:0cm 0cm 0cm 0cm;">
  <p style="margin:0cm;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=18% style="height:13.5pt;padding:0cm 2.0pt 0cm 2.0pt;">
  <p style="margin:0cm;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">Rm</font></p>
  </td>
 <td nowrap valign=bottom width=14% style="height:13.5pt;padding:0cm 5.75pt 0cm 2.0pt;">
  <p align=right style="margin:0cm;margin-bottom:.0001pt;text-align:right;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">188.4</font></p>
  </td>
 <td nowrap valign=bottom width=14% style="height:13.5pt;padding:0cm 5.75pt 0cm 2.0pt;">
  <p align=right style="margin:0cm;margin-bottom:.0001pt;text-align:right;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">117.6</font></p>
  </td>
 <td nowrap valign=bottom width=11% style="height:13.5pt;padding:0cm 2.0pt 0cm 2.0pt;">
  <p align=right style="margin:0cm;margin-bottom:.0001pt;text-align:right;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">60%</font></p>
  </td>
 </tr>
<tr style="height:13.5pt;">
  <td nowrap valign=bottom width=4% style="height:13.5pt;padding:0cm 0cm 0cm 0cm;">
  <p style="margin:0cm;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=36% style="height:13.5pt;padding:0cm 0cm 0cm 0cm;">
  <p style="margin:0cm;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=3% style="height:13.5pt;padding:0cm 0cm 0cm 0cm;">
  <p style="margin:0cm;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=18% style="height:13.5pt;padding:0cm 2.0pt 0cm 2.0pt;">
  <p style="margin:0cm;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">US$m</font></p>
  </td>
 <td nowrap valign=bottom width=14% style="height:13.5pt;padding:0cm 5.75pt 0cm 2.0pt;">
  <p align=right style="margin:0cm;margin-bottom:.0001pt;text-align:right;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">13.2</font></p>
  </td>
 <td nowrap valign=bottom width=14% style="height:13.5pt;padding:0cm 5.75pt 0cm 2.0pt;">
  <p align=right style="margin:0cm;margin-bottom:.0001pt;text-align:right;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">8.4</font></p>
  </td>
 <td nowrap valign=bottom width=11% style="height:13.5pt;padding:0cm 2.0pt 0cm 2.0pt;">
  <p align=right style="margin:0cm;margin-bottom:.0001pt;text-align:right;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">57%</font></p>
  </td>
 </tr>
<tr style="height:13.5pt;">
  <td nowrap valign=bottom width=4% style="height:13.5pt;padding:0cm 0cm 0cm 0cm;">
  <p style="margin:0cm;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=36% style="height:13.5pt;padding:0cm 0cm 0cm 0cm;">
  <p style="margin:0cm;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=3% style="height:13.5pt;padding:0cm 0cm 0cm 0cm;">
  <p style="margin:0cm;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=18% style="height:13.5pt;padding:0cm 0cm 0cm 0cm;">
  <p style="margin:0cm;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=14% style="height:13.5pt;padding:0cm 0cm 0cm 0cm;">
  <p style="margin:0cm;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=14% style="height:13.5pt;padding:0cm 0cm 0cm 0cm;">
  <p style="margin:0cm;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=11% style="height:13.5pt;padding:0cm 0cm 0cm 0cm;">
  <p style="margin:0cm;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&nbsp;</font></p>
  </td>
 </tr>
<tr style="height:13.5pt;">
  <td nowrap valign=bottom width=4% style="height:13.5pt;padding:0cm 0cm 0cm 0cm;">
  <p style="margin:0cm;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=36% style="height:13.5pt;padding:0cm 2.0pt 0cm 2.0pt;">
  <p style="margin:0cm;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">Average R/US$ exchange rate</font></p>
  </td>
 <td nowrap valign=bottom width=3% style="height:13.5pt;padding:0cm 0cm 0cm 0cm;">
  <p style="margin:0cm;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=18% style="height:13.5pt;padding:0cm 0cm 0cm 0cm;">
  <p style="margin:0cm;margin-bottom:.0001pt;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">&nbsp;</font></p>
  </td>
 <td nowrap valign=bottom width=14% style="height:13.5pt;padding:0cm 5.75pt 0cm 2.0pt;">
  <p align=right style="margin:0cm;margin-bottom:.0001pt;text-align:right;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">14.30</font></p>
  </td>
 <td nowrap valign=bottom width=14% style="height:13.5pt;padding:0cm 5.75pt 0cm 2.0pt;">
  <p align=right style="margin:0cm;margin-bottom:.0001pt;text-align:right;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">14.05</font></p>
  </td>
 <td nowrap valign=bottom width=11% style="height:13.5pt;padding:0cm 2.0pt 0cm 2.0pt;">
  <p align=right style="margin:0cm;margin-bottom:.0001pt;text-align:right;"><font color=black face=Calibri,sans-serif style="font-size:11.0pt;">2%</font></p>
  </td>
 </tr>
</table></div>



<p style="border:none;margin-bottom:10.0pt;margin-left:0cm;margin-right:0cm;margin-top:0cm;"><font style="border:none;"><font face=Calibri,sans-serif lang=EN-ZA style="font-size:11.0pt;line-height:115%;">&nbsp;</font></font></p>

<p style="border:none;margin-bottom:10.0pt;margin-left:18.0pt;margin-right:0cm;margin-top:12.0pt;text-align:justify;"><font face=Arial,sans-serif style="border:none;"><i><font face=Arial,sans-serif lang=EN style="font-size:9.0pt;line-height:115%;">Rounding of figures may result in computational discrepancies</font></i></font></p>

<p style="border:none;margin-bottom:0cm;margin-left:18.0pt;margin-right:0cm;margin-top:0cm;text-align:justify;"><font face=Arial,sans-serif style="border:none;"><font face=Arial,sans-serif lang=EN style="font-size:10.0pt;line-height:115%;">* </font></font><font face=Arial,sans-serif style="border:none;"><i><font face=Arial,sans-serif lang=EN style="font-size:9.0pt;line-height:115%;">The adjusted
earnings before interest, taxes, depreciation and amortisation (&quot;</font></i><b><i><font face=Arial,sans-serif lang=EN style="font-size:9.0pt;line-height:115%;">EBITDA</font></i></b><i><font face=Arial,sans-serif lang=EN style="font-size:9.0pt;line-height:115%;">&quot;)
is based on the definitions in DRDGOLD&#180;s revolving credit facility agreements.
Adjusted EBITDA is not an IFRS measure and is provided for illustrative
purposes only and because of its nature, it may not fairly present the
Company&#180;s results of operations.</font></i></font></p>

<p style="border:none;margin-bottom:0cm;margin-left:18.0pt;margin-right:0cm;margin-top:0cm;text-align:justify;"><font face=Arial,sans-serif style="border:none;"><font face=Arial,sans-serif lang=EN style="font-size:9.0pt;line-height:115%;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; &nbsp;</font></font></p>

<p style="border:none;margin-bottom:10.0pt;margin-left:18.0pt;margin-right:0cm;margin-top:12.0pt;text-align:justify;"><font face=Arial,sans-serif style="border:none;"><font face=Arial,sans-serif lang=EN style="font-size:9.0pt;line-height:115%;">** </font><i><font face=Arial,sans-serif lang=EN style="font-size:9.0pt;line-height:115%;">All-in cost definitions based on the guidance note on
non-GAAP Metrics issued by the World Gold Council on 27 June 2013</font></i><font face=Arial,sans-serif lang=EN style="font-size:9.0pt;line-height:115%;">.&nbsp;</font></font></p>


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<p style="margin:0cm;margin-bottom:.0001pt;tab-stops:center 225.65pt right 451.3pt;"><font face=Calibri,sans-serif lang=EN-ZA style="font-size:11.0pt;">&nbsp;</font></p>


</DIV>
<p style="border:none;margin-bottom:10.0pt;margin-left:18.0pt;margin-right:0cm;margin-top:12.0pt;text-align:justify;"><font face=Arial,sans-serif style="border:none;"><font face=Arial,sans-serif lang=EN style="font-size:10.0pt;line-height:115%;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; &nbsp;</font></font></p>

<p style="border:none;margin-bottom:0cm;margin-left:18.0pt;margin-right:0cm;margin-top:0cm;text-align:justify;"><font face=Arial,sans-serif style="border:none;"><font face=Arial,sans-serif lang=EN style="font-size:10.0pt;line-height:115%;">Gold production quarter on quarter was down 5% primarily
as a consequence of an 8% drop in tonnage throughput. Ergo</font></font><font style="border:none;"><font face=Calibri,sans-serif lang=EN style="font-size:11.0pt;line-height:115%;"> &nbsp;</font></font><font face=Arial,sans-serif style="border:none;"><font face=Arial,sans-serif lang=EN style="font-size:10.0pt;line-height:115%;">Mining Proprietary Limited&#8217;s lower
throughput was mainly as a result of major power interruptions experienced over
11 days during the second quarter, caused by a fire at an Eskom sub-station, a
lightning strike on the Brakpan tailings complex transformer yard and
load-shedding by the Johannesburg Metropolitan Municipality. Overall yield
showed an improvement quarter on quarter of 3%.</font></font></p>

<p style="border:none;margin-bottom:0cm;margin-left:18.0pt;margin-right:0cm;margin-top:0cm;text-align:justify;"><font face=Arial,sans-serif style="border:none;"><font face=Arial,sans-serif lang=EN style="font-size:10.0pt;line-height:115%;">&#160;&#160;&#160;&#160;&#160; &nbsp;</font></font></p>

<p style="border:none;margin-bottom:10.0pt;margin-left:18.0pt;margin-right:0cm;margin-top:12.0pt;text-align:justify;"><font face=Arial,sans-serif style="border:none;"><font face=Arial,sans-serif lang=EN style="font-size:10.0pt;line-height:115%;">The increase in gold price received and gold sold contributed to
an increase in adjusted EBITDA for the quarter.</font></font></p>

<p style="border:none;margin-bottom:10.0pt;margin-left:18.0pt;margin-right:0cm;margin-top:12.0pt;text-align:justify;"><font face=Arial,sans-serif style="border:none;"><font face=Arial,sans-serif lang=EN style="font-size:10.0pt;line-height:115%;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; &#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; &nbsp;</font></font></p>

<p style="border:none;margin-bottom:10.0pt;margin-left:18.0pt;margin-right:0cm;margin-top:12.0pt;text-align:justify;"><font face=Arial,sans-serif style="border:none;"><font face=Arial,sans-serif lang=EN style="font-size:10.0pt;line-height:115%;">The 8% increase in cash operating unit costs per ton was mainly as
a result of the 8% decrease in overall throughput. Cash operating costs per
kilogram were stable quarter on quarter, offset by the increase in gold sold. </font></font></p>

<p style="border:none;margin-bottom:10.0pt;margin-left:18.0pt;margin-right:0cm;margin-top:12.0pt;text-align:justify;"><font face=Arial,sans-serif style="border:none;"><font face=Arial,sans-serif lang=EN style="font-size:10.0pt;line-height:115%;">&nbsp;</font></font></p>

<p style="border:none;margin-bottom:10.0pt;margin-left:18.0pt;margin-right:0cm;margin-top:12.0pt;text-align:justify;"><font face=Arial,sans-serif style="border:none;"><font face=Arial,sans-serif lang=EN style="font-size:10.0pt;line-height:115%;">All-in sustaining cost and all-in costs per kilogram include both
growth and sustaining capital expenditure, as well as production costs
associated with the initial commissioning of our new Far West Gold Recoveries (&#8220;</font><b><font face=Arial,sans-serif lang=EN style="font-size:10.0pt;line-height:115%;">FWGR</font></b><font face=Arial,sans-serif lang=EN style="font-size:10.0pt;line-height:115%;">&#8221;)
project. Construction of this began in August 2018 and early-stage commissioning
on 6 December 2018. FWGR is off to a flying start and we look forward to the
benefit of its contribution in the second half of the 2019 financial year.</font></font></p>

<p style="border:none;margin-bottom:10.0pt;margin-left:18.0pt;margin-right:0cm;margin-top:12.0pt;text-align:justify;"><font face=Arial,sans-serif style="border:none;"><font face=Arial,sans-serif lang=EN style="font-size:10.0pt;line-height:115%;">&nbsp;</font></font></p>

<p style="border:none;margin-bottom:0cm;margin-left:18.0pt;margin-right:0cm;margin-top:0cm;text-indent:-18.0pt;"><font face=Arial,sans-serif style="border:none;"><b><font face=Arial,sans-serif lang=EN style="font-size:10.0pt;line-height:115%;">2.</font></b><b><font face="Times New Roman" lang=EN style="font-size:7.0pt;line-height:115%;">&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;</font></b></font><font face=Arial,sans-serif style="border:none;"><b><font face=Arial,sans-serif lang=EN style="font-size:10.0pt;line-height:115%;">Trading Statement</font></b></font><font face=Arial,sans-serif style="border:none;"><font face=Arial,sans-serif lang=EN style="font-size:10.0pt;line-height:115%;"> &nbsp;</font></font></p>

<p style="border:none;margin-bottom:0cm;margin-left:18.0pt;margin-right:0cm;margin-top:0cm;"><font face=Arial,sans-serif style="border:none;"><font face=Arial,sans-serif lang=EN style="font-size:10.0pt;line-height:115%;">&#160;&#160;&#160;&#160;&#160; &nbsp;</font></font></p>

<p style="border:none;margin-bottom:10.0pt;margin-left:18.0pt;margin-right:0cm;margin-top:12.0pt;text-align:justify;"><font face=Arial,sans-serif style="border:none;"><font face=Arial,sans-serif lang=EN style="font-size:10.0pt;line-height:115%;">In terms of paragraph 3.4(b) of the JSE Limited Listings
Requirements, companies are required to publish a trading statement as soon as
they are satisfied, with a reasonable degree of certainty, that the financial
results for the current reporting period will differ by at least 20% from the
financial results of the previous corresponding period.</font></font></p>

<p style="border:none;margin-bottom:10.0pt;margin-left:18.0pt;margin-right:0cm;margin-top:12.0pt;text-align:justify;"><font face=Arial,sans-serif style="border:none;"><font face=Arial,sans-serif lang=EN style="font-size:10.0pt;line-height:115%;">&nbsp;</font></font></p>

<p style="border:none;margin-bottom:10.0pt;margin-left:18.0pt;margin-right:0cm;margin-top:12.0pt;text-align:justify;"><font face=Arial,sans-serif style="border:none;"><font face=Arial,sans-serif lang=EN style="font-size:10.0pt;line-height:115%;">DRDGOLD is in the process of finalising its results for the six
months ended 31 December 2018 (&#8220;</font><b><font face=Arial,sans-serif lang=EN style="font-size:10.0pt;line-height:115%;">Results</font></b><font face=Arial,sans-serif lang=EN style="font-size:10.0pt;line-height:115%;">&#8221;) and shareholders are
accordingly advised that the Company has reasonable certainty that it will
report a:</font></font></p>

<ul type=disc style="margin-bottom:0cm;">
 <li style="border:none;margin-bottom:10.0pt;margin-left:0cm;margin-right:0cm;margin-top:0cm;text-align:justify;"><font face=Arial,sans-serif style="border:none;"><font face=Arial,sans-serif lang=EN style="font-size:10.0pt;line-height:normal;">loss per share of between 5.8 cents and 8.6 cents per share compared
     to earnings of 14.4 cents per share for the previous corresponding period;
     and</font></font></li>
 <li style="border:none;margin-bottom:10.0pt;margin-left:0cm;margin-right:0cm;margin-top:0cm;text-align:justify;"><font face=Arial,sans-serif style="border:none;"><font face=Arial,sans-serif lang=EN style="font-size:10.0pt;line-height:normal;">headline loss per share of between 5.8 cents 8.6 cents per share
     compared to headline earnings of 14.3 cents per share for the previous
     corresponding period.</font></font></li>
</ul>

<p style="border:none;margin-bottom:10.0pt;margin-left:18.0pt;margin-right:0cm;margin-top:12.0pt;text-align:justify;"><font face=Arial,sans-serif style="border:none;"><font face=Arial,sans-serif lang=EN style="font-size:10.0pt;line-height:115%;">The expected decrease in earnings per share and headline earnings
per share for the six months ended 31 December 2018 compared to the previous
corresponding period are primarily due to the costs associated with the
commissioning and start of FWGR, as well as a 3% decrease in gold produced.</font></font></p>

<p style="border:none;margin-bottom:10.0pt;margin-left:0cm;margin-right:0cm;margin-top:0cm;text-align:justify;"><font face=Arial,sans-serif style="border:none;"><font face=Arial,sans-serif lang=EN style="font-size:10.0pt;line-height:115%;">The information contained in this announcement does not constitute
an earnings forecast. The financial information provided is the responsibility
of the directors of DRDGOLD, and such information has not been reviewed or
reported on by the Company&#8217;s auditors. The Company&#8217;s Results are expected to be
published on SENS on or about 13 February 2019.</font></font></p>

<p style="border:none;margin-bottom:10.0pt;margin-left:0cm;margin-right:0cm;margin-top:0cm;text-align:justify;"><font face=Arial,sans-serif style="border:none;"><font face=Arial,sans-serif lang=EN style="font-size:10.0pt;line-height:normal;">Johannesburg<br>
1 February 2019</font></font></p>

<p style="border:none;margin-bottom:10.0pt;margin-left:0cm;margin-right:0cm;margin-top:0cm;text-align:justify;"><font face=Arial,sans-serif style="border:none;"><font face=Arial,sans-serif lang=EN style="font-size:10.0pt;line-height:normal;">&nbsp;</font></font></p>

<p style="border:none;margin-bottom:10.0pt;margin-left:0cm;margin-right:0cm;margin-top:0cm;text-align:justify;"><font face=Arial,sans-serif style="border:none;"><font face=Arial,sans-serif lang=EN style="font-size:10.0pt;line-height:normal;">Sponsor<br>
One Capital</font></font></p>




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