Randgold Resources in $342 Million Equity Offering

Cleary Gottlieb represented the underwriters led by HSBC Bank plc and Merrill Lynch International in a global offering by Randgold Resources Limited of 5,750,000 of its shares (including 750,000 of its shares pursuant to the underwriters’ exercise of their over-allotment option) in the form of either American Depositary Shares (“ADSs”) or ordinary shares. The transaction priced on July 29 and closed on August 4. The public offering price for the shares was $59.50.

The ADSs are listed and traded on the NASDAQ National Market under the ticker “GOLD” and the ordinary shares are listed and traded on the London Stock Exchange under the ticker “RRS” and admitted to the FSA’s Official List.

Randgold Resources engages in gold mining, exploration and related activities. Its activities are focused on West and East Africa, including mining operations at the Loulo and Morila mines in Mali. Current projects include the pre-feasibility stage Massawa project in Senegal and the development stage Tongon project in Côte d’Ivoire. The Company also has exploration programs in Mali, Côte d’Ivoire, Burkina Faso, Ghana, Senegal and Tanzania.