Media releases

Eloff throws in the towel

DRD has been advised by attorneys representing its former company secretary, Maryna Eloff, that she has unilaterally withdrawn her claim of constructive dismissal against the company.
386/04-jmd

Johannesburg, South Africa. Thursday, 5 August 2004. Durban Roodepoort Deep, Limited (JSE: DUR; NASDAQ: DROOY; ASX: DRD) has been advised by attorneys representing its former company secretary, Maryna Eloff, that she has unilaterally withdrawn her claim of constructive dismissal against the company.

When Eloff resigned from DRD on 13 March last year, she circulated her resignation letter to media and the JSE alleging invasion of her privacy and a breach of her constitutional rights by the company.

DRD gave notice soon afterwards of its intention to institute action against Eloff for defamation. These proceedings are pending.

Queries:

Ilja Graulich, Durban Roodepoort Deep, Limited
+27 11 381 7826 (office)
+27 83 604 0820 (mobile)

James Duncan, Russell & Associates
+27 11 880 3924 (office)
+27 82 892 8052 (mobile)


DRD is the world’s 9th largest gold producer, with mines in South Africa as well as Australasia, a key target for growth. The company has a track record of success in extending the lives of older mines safely and profitably. For fiscal year 2003, DRD produced 870 000 ounces of gold, up from under 100 000 ounces a year in 1997, when current operations were amalgamated.

DRD has primary listings on the Johannesburg (JSE:DRD) and Australian (ASX:DRD) stock exchanges and secondary listings on NASDAQ (DROOY), the London Stock Exchange and the Paris and Brussels Bourses. Its shares are also traded on the regulated unofficial market of the Frankfurt Stock Exchange and the Berlin OTC Market.

For more information, please visit www.drd.co.za or www.durbans.com

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