Randgold Resources Ltd: Directorate Change

JERSEY, CHANNEL ISLANDS--(Marketwired - Jan 31, 2014) - Randgold Resources Ltd (LSE: RRS) (NASDAQ: GOLD)

TSX-GOLD RANDGOLD RESOURCES LIMITED Incorporated in Jersey, Channel Islands Reg. No. 62686 LSE Trading Symbol: RRS NASDAQ Trading Symbol: GOLD ("Randgold Resources" or the "company") CHANGES TO THE BOARD: APPOINTMENT OF NEW CHAIRMAN AND AN ADDITIONAL INDEPENDENT NON-EXECUTIVE DIRECTOR London, Friday 31 January 2014 New Chairman Randgold Resources today announced that Philippe Lietard, the chairman of the board for 10 years and a non-executive director since 1998, will step down from the board at the company's next annual general meeting. Mr Lietard will be succeeded as chairman by Christopher Coleman who has been an independent non-executive director of Randgold since 2008. Mr Coleman is Head of Banking and Asset Finance at Rothschild and sits on the board of NASDAQ listed Papa Johns International, Inc. He is also an economics graduate of the London School of Economics. Randgold chief executive Mark Bristow said: "Philippe's passion for the business, his pursuit of excellence and his vision of a better future for Africa made him an inspirational role model for all at Randgold. His exceptional understanding of doing business in Africa, broad perspective and calm good sense helped to guide us safely through the many challenges Randgold has faced. We shall miss Philippe's presence on the board, but fortunately he has agreed to become the first chairman of Nos Vies en Partage Foundation, the charitable foundation recently established by Randgold." Mr Lietard said: "I am very fortunate to have been associated with this adventure and privileged to have worked with an amazingly talented and dedicated group of people, from the board and CEO down. Chris has been a close colleague for many years, and Randgold will benefit from his leadership and judgement in the next phase of the company's growth. I'm fully confident that the adventure will continue, just on a larger scale." Mr Coleman said he was looking forward to working with the board and management as the company advanced to its next growth stage and he continues his long association with Randgold in his new role. Click on, or paste the following link into your web browser, to view the associated PDF document. http://www.rns-pdf.londonstockexchange.com/rns/0174Z_1-2014-1-31.pdf This information is provided by RNS The company news service from the London Stock Exchange END