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Coal Mining Equipment

RANDGOLD RESOURCES LIMITED

Incorporated in Jersey, Channel Islands

Reg. No. 62686

LSE Trading Symbol: RRS

Nasdaq Trading Symbol: GOLD

(“Randgold Resources” or the “company”)

RESTRICTED STOCK AWARD: NON EXECUTIVE DIRECTORS

London, United Kingdom, 23 February 2011 – Randgold Resources Limited announces that in terms of the company’s remuneration for non-executive directors approved by shareholders at the Annual General Meeting on 4 May 2010, an award of 1 200 restricted shares is made each year to each non-executive director. The price of the 2011 restricted stock calculation was the Nasdaq Global Select Market closing price on 3 January 2011, being USD81.60.Coal Mining Equipment

In terms of the 2009 award the third and final tranche of 400 shares has been issued to the beneficial account of each non-executive director.Concrete Crushing Equipment

In terms of the 2010 award the second tranche of 400 shares has been issued to the beneficial account of each non-executive director. A further 400 shares have been issued and will remain in the restricted stock account of each non-executive director. Non-executive directors will be entitled to the third tranche of the 2010 award, subject to agreed conditions, on 1 January 2012.Concrete Recycling Equipment

In terms of the 2011 award the first tranche of 400 shares has been issued to the beneficial account of each non-executive director. A further 800 shares have been issued and will remain in the restricted stock account of each non-executive director. Non-executive directors will be entitled to the second and third tranches of the 2011 award, subject to agreed conditions, on 1 January 2012 and 1 January 2013 respectively.Crushing Equipment for Sale