29th Mar 2007 07:01
Randgold Resources Ld29 March 2007 RANDGOLD RESOURCES LIMITEDIncorporated in Jersey, Channel IslandsReg. No. 62686LSE Trading Symbol: RRSNasdaq Trading Symbol: GOLD("Randgold Resources" or the "company") CHANGE OF AUDITORS London, United Kingdom, 29 March 2007 - Randgold Resources Limited announcesthat after a formal selection process and based upon the audit committee'srecommendation the board has decided to appoint BDO Stoy Hayward LLP ("BDO") asthe company's independent auditors for the year ending 31 December 2007.PricewaterhouseCoopers LLP ("PWC"), who have acted as the company's auditorssince it listed on the London Stock Exchange in 1997, will complete the audit ofthe company's 31 December 2006 year end, including the Annual Report on Form20-F to be filed with the US Securities and Exchange Commission and Managements'Report on Internal Controls in terms of Section 404 of the Sarbanes Oxley Act. Randgold Resources enquiries: Chief Executive Financial Director Investor & Media RelationsDr Mark Bristow Roger Williams Kathy du Plessis+44 788 071 1386 +44 791 709 8939 +27 11 728 4701+44 779 775 2288 Fax : +27 11 728 2547 Cell : +27 83 266 5847 Email: [email protected] Website: http://www.randgoldresources.com DISCLAIMER: Statements made in this document with respect to RandgoldResources' current plans, estimates, strategies and beliefs and other statementsthat are not historical facts are forward-looking statements about the futureperformance of Randgold Resources. These statements are based on management'sassumptions and beliefs in light of the information currently available to it.Randgold Resources cautions you that a number of important risks anduncertainties could cause actual results to differ materially from thosediscussed in the forward-looking statements, and therefore you should not placeundue reliance on them. The 2005 annual report notes that the financialstatements do not reflect any provisions or other adjustments that might arisefrom the claims and legal process initiated by Loulo against MDM. Otherpotential risks and uncertainties include risks associated with: fluctuations inthe market price of gold, gold production at Morila, the development of Louloand estimates of resources, reserves and mine life. For a discussion on suchother risk factors refer to the annual report on Form 20-F for the year ended 31December 2005 which was filed with the United States Securities and ExchangeCommission (the 'SEC') on 29 June 2006. Randgold Resources assumes noobligation to update information in this release. Cautionary note to USinvestors: the 'SEC' permits companies, in their filings with the 'SEC', todisclose only proven and probable ore reserves. We use certain terms in thisrelease, such as "resources", that the 'SEC' does not recognise and strictlyprohibits us from including in our filings with the 'SEC'. Investors arecautioned not to assume that all or any parts of our resources will ever beconverted into reserves which qualify as 'proven and probable reserves' for thepurposes of the SEC's Industry Guide number 7. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Randgold Resources