Notification of major interest in shares

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: ii

RANDGOLD RESOURCES LIMITED

2 Reason for the notification (please tick the appropriate box or boxes):

An acquisition or disposal of voting rights

X

An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached

An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments

An event changing the breakdown of voting rights

Other (please specify):

3. Full name of person(s) subject to the notification obligation: iii

BlackRock, Inc.

4. Full name of shareholder(s) (if different from 3.):iv

5. Date of the transaction and date on which the threshold is crossed or reached: v

19 January 2011

6. Date on which issuer notified:

20 January 2011

7. Threshold(s) that is/are crossed or reached: vi, vii

Holding has gone above 12 %

8. Notified details:

A: Voting rights attached to shares viii, ix

Class/type of sharesif possible using the ISIN CODE

Situation previous to the triggering transaction

Resulting situation after the triggering transaction

NumberofShares

NumberofVotingRights

Numberof shares

Numberof voting rights

%of voting rights x

Direct

Direct xi

Indirect xii

Direct

Indirect

GB00B01C3S32

10,692,980

10,692,980

N/A

N/A

11,242,327

N/A

12.35%

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financialinstrument

Expirationdate xiii

Exercise/Conversion Period xiv

Number of votingrights that may be acquired if the instrument is exercised/ converted.

%of voting rights

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi

Resulting situation after the triggering transaction

Type of financial instrument

Exercise price

Expiration date xvii

Exercise/Conversion period xviii

Number of voting rights instrument refers to

% of voting rights xix, xx

CFD

10,158

Nominal

Delta

0.01%

0.01%

Total (A+B+C)

Number of voting rights

Percentage of voting rights

11,252,485

12.36%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi

BlackRock Investment Management (UK) Limited - 11,252,485 (12.36%)

Proxy Voting:

10. Name of the proxy holder:

11. Number of voting rights proxy holder will ceaseto hold:

12. Date on which proxy holder will cease to holdvoting rights:

13. Additional information:

BlackRock International Threshold Reporting Team

14. Contact name:

Andrew Manchester

15. Contact telephone number:

020 7743 5773; [email protected]

Note: Annex should only be submitted to the FSA not the issuer

Annex: Notification of major interests in share

A: Identity of the persons or legal entity subject to the notification obligation

Full name(including legal form of legal entities)

BlackRock Inc

Contact address(registered office for legal entities)

33 King William Street, London EC4R 9AS

Phone number & email

020 7743 5773; [email protected]

Other useful information(at least legal representative for legal persons)

Andrew Manchester

B: Identity of the notifier, if applicable

Full name

D J Haddon

Contact address

3rd Floor, Unity Chambers, 28 Halkett Street, St. Helier, Jersey, JE2 4WJ, Channel Islands

Phone number & email

+44 1534 735 444[email protected]

Other useful information(e.g. functional relationship with the person or legal entity subject to the notification obligation)

C: Additional information