RANDGOLD RESOURCES LIMITED Incorporated in Jersey, Channel Islands Reg. No. 62686 LSE Trading Symbol: RRS Nasdaq Trading Symbol: GOLD TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi 1. Identity of the issuer or the RANDGOLD RESOURCES LIMITED underlying issuer of existing shares to which voting rights are attached: ii 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 BARING ASSET MANAGEMENT LIMITED("BAM") to the notification obligationiii:OPPENHEIMERFUNDS, INC. ("OFI") 4. Full name of shareholder(s) (if different from 3.):iv 5. Date of the transaction and 24 MARCH 2010 date on which the threshold is crossed or reached:v 6. Date on which issuer notified: 25 MARCH 2010 7. Threshold(s) that is/are 3% (aggregated basis 3.0150%; crossed or reached: vi, vii BAM 1.1283% and OFI 1.8867%) 8. Notified details: A: Voting rights attached to shares viii, ix Class/type Situation Resulting situation after the triggering of shares previous to the transaction triggering if possible transaction using the ISIN CODE Number Number Number of Number of voting % of voting of of shares rights rights x Shares Voting Direct Rights Direct Indirect Direct Indirect xi xii GB00B01C3S32 Nil Nil 1,017,188 1,017,188 1.1283% (BAM) (BAM) (BAM) 1,700,819 1,700,819 1.8867% (OFI) (OFI) (OFI) 2,718,007 2,718,007 3.0150% (Total) (Total) (Total) B: Qualifying Financial Instruments Resulting situation after the triggering transaction Type of Expiration Exercise/ Number of voting % of voting financial date xiii Conversion rights that may be rights instrument Period xiv acquired if the instrument is exercised/ converted. C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi Resulting situation after the triggering transaction Type of Exercise Expiration Exercise/ Number of voting % of financial price date Conversion rights voting instrument xvii period instrument rights xviii refers to Nominal Delta Total (A+B+C) Number of voting rights Percentage of voting rights 1,017,188 (BAM) 1.1283% (BAM) 1,700,819 (OFI) 1.8867% (OFI) 2,718,007 (Total) 3.0150% (Total) 9. Chain of controlled undertakings through which the voting rights and /or the financial instruments are effectively held, if applicable: xxi The percentage of holdings noted above is based on total outstanding shares of 90,150,067. Massachusetts Mutual Life Insurance Company is the parent company of Baring Asset Management Limited ("BAM") and OppenheimerFunds, Inc. ("OFI"). 10. Name of the proxy holder: 11. Number of voting rights proxy holder will cease to hold: 12. Date on which proxy holder will cease to hold voting rights: 13. Additional information: 14. Contact name: Rose Baker, Massachusetts Mutual Life Insurance Company 15. Contact telephone number: 001 (413)744-8258 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 Massachusetts Mutual Life Insurance legal entities) Company Contact address (registered office 1295 State Street, MIP Code F420, for legal entities) Springfield, MA 01111 Phone number & email 001 (413) 744-8258 (rbaker@massmutual.com) Other useful information (at least Rose Baker legal representative for legal persons) B: Identity of the notifier, if applicable Full name D J Haddon Contact address La Motte Chambers, La Motte Street, St.Helier, Jersey, JE1 1BJ, Channel Islands Phone number & email +44 1534 735 444 dhaddon@randgoldresources.com Other useful information (e.g. functional relationship with the person or legal entity subject to the notification obligation) C: Additional information This information is provided by RNS The company news service from the London Stock Exchange END
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