1

Results for the quarter ended 30 June 2010

Niël Pretorius, CEOCraig Barnes, CFO

26 August 2010

Disclaimer

Many factors could cause the actual results, performance or achievements to be materially differentfrom any future results, performance or achievements that may be expressed or implied by suchforward-looking statements included in this document, including, among others, adverse changes oruncertainties in general economic conditions in the markets we serve, a drop in the gold price, asustained strengthening of the Rand against the Dollar, regulatory developments adverse toDRDGOLD or difficulties in maintaining necessary licences or other governmentalapprovals, changes in DRDGOLD's competitive position, changes in business strategy, any majordisruption in production at key facilities or adverse changes in foreign exchange rates and variousother factors.

These risks include, without limitation, those described in the section entitled "Risk Factors" includedin our annual report for the fiscal year ended 30 June 2009, which we filed with the United StatesS iti d E h C i i 27 N b 2009 F 20 F Y h ld t l

2

Securities and Exchange Commission on 27 November 2009 on Form 20-F. You should not placeundue reliance on these forward-looking statements, which speak only as of the date thereof. We donot undertake any obligation to publicly update or revise these forward-looking statements to reflectevents or circumstances after the date of this report or to the occurrence of unanticipated events.

2

Highlights for the quarter

Dividend declared of 5 cents per share

Operating profit of R91.5 million

Headline earnings increased to 23.9 cents per share

No fatalities; continued drive for safety improvement

Ergo: higher volumes, lower costs improve margin

Crown/Ergo pipeline goes ahead

Blyvoor trending towards stability

Zimbabwe: 80% increase in exploration area

3

Group trends

4

3

Tonnes milled (’000)

55

Yield (g/t)

66

4

Gold produced (kg)

77

Cash operating cost (R/t)

88

5

Cash operating cost (R/kg)

99

Cash operating profit (Rm)

1010

6

Ergo trends

11

Ergo: volume (’000t)

1212

7

Ergo: head grade (g/t)

1313

Ergo: yield (g/t)

1414

8

Ergo: gold produced (kg)

1515

Ergo: costs (R/t)

1616

9

Ergo: costs (R/kg)

1717

Ergo: margin (R/kg)

1818

10

Ergo: margin ($/oz)

1919

Crown/Ergo pipeline

20

11

Blyvoor: post-restructuring trends

21

Blyvoor: face length mined (m)

22

12

Blyvoor: m²/in-stope employee

23

Blyvoor: reef tonnes broken

24

13

Blyvoor: gold broken (kg)

25

Operational review: Blyvoor

No 5 Shaft volume recovery continues

Quarter

June 2010% change

Gold producedTotaly

Surface production down: low-grade No 4 Dam materialoz 26 685 (7)

kg 830 (7)

Underground

oz 21 027 (2)

kg 654 (2)

Surfaceoz 5 658 (23)

kg 176 (23)

Cash operating costs

TotalUS$/oz 1 204 (24)

R/kg 293 034 (24)

Underground

26

Underground

US$/oz 1 373 (18)

R/kg 333 986 (19)

Surface

US$/oz 580 (38)

R/kg 140 858 (39)

Operating profit

US$m 0.6 (84)Rm 4.6 (84)

14

Operational review: Crown

ERPM’s Cason retreatment operation incorporated

Quarter

June 2010% change

Gold producedp p

Higher capex: Crown/Ergo pipeline long-lead itemsoz 24 081 1

kg 749 1

Cash operating costs

US$/oz 869 (3)

R/kg 211 216 (3)

Operating profit

US$m 7.3 9

Rm 55.1 9

27

Operational review: Ergo

Volumes stabilising with second Elsburg line up and running

Production rising

Recoveries improving

Quarter

June 2010%

change

Gold producedp g

US$400 margin

Continuing R&D to improve recovered grade

oz 10 866 11

kg 338 11

Cash operating costs

US$/oz 815 10

R/kg 198 118 10

Operating profit

US$m 4.2 86

Rm 31.8 85

28

15

Financial review: income statement

Quarter

June 2010

Quarter

Mar 2010

Rm RmRm Rm

Revenue 521.7 524.0

Net operating costs (430.2) (427.1)

Operating profit 91.5 96.9

Finance income 7.4 5.5

Retrenchment costs (0.5) (0.3)

Depreciation (57.7) (45.2)

Other income and costs 250.2 (39.3)

29

O e co e a d cos s 50 (39 3)

Profit before tax 290.9 17.6

Taxation (43.0) (5.3)

Net profit 247.9 12.3

Attributable to shareholders 240.9 9.9

Financial review: balance sheet

30 June 2010 31 Mar 2010

Rm Rm

Property, plant and equipment 1 863.2 1 730.7

Non-current investments and other assets 48.1 43.0

Environmental rehabilitation trust funds 126.1 141.4

Deferred tax asset 140.7 200.3

Cash and cash equivalents 188.2 201.3

Other current assets 221.2 263.0

Total assets 2 587.5 2 579.7

Equity 1 649.9 1 539.7

Long-term liabilities 72.4 108.5

30

Provision for environmental rehabilitation 420.6 440.4

Deferred tax liability 168.1 172.4

Current liabilities 276.5 318.7

Total equity and liabilities 2 587.5 2 579.7

Current ratio 1.5 1.5

16

Attributable reserves

2010 reserves (7.3Moz) 2009 reserves (6.1Moz)

4.3Moz

1.5Moz

0.2Moz

5.3Moz

1.3Moz

0.7Moz

31

Blyvoor ERPM Crown

Attributable resources

2010 resources (60.0Moz) 2009 resources (56.4Moz)

30.4Moz

18.9Moz

3.0Moz

4.1Moz

37%

5%

7%

22.4Moz

30.3Moz

3.1Moz4.2Moz

32

Blyvoor ERPM Crown Ergo

52%

17

Attributable reserves and resources: surface/underground split

2010 reserves (Moz) 2010 resources (Moz)

9.8Moz

50.2Moz

2.2Moz

5.1Moz

3333

Surface Underground

50.2Moz

Zimbabwe update

Leny claims increase from 16 (253ha) to 46 (454ha)

Exploration: Exploration:• magnetic survey completed• induced polarisation survey

under way• three drill target areas

identified; drill rig on site Gold recovery planned during

exploration• some plant and equipment

34

• some plant and equipment already on site

• site of works plan, environmental plan, water rights approvals pending

• R5.2 million spent to date

18

Sustainability: local economic development (LED), corporate social investment (CSI)

LED

• component of Social and Labour Plans (SLPs)

• SLPs required for mining rights (MPRDA)

Flagship LED project

• Ekurhuleni Business Development Academy (Ergo)

• R4.9 million capital investment

• 254 students currently enrolled

• 25% IT

• 17% first aid health and safety

35

• 17% first aid, health and safety

• 16% metallurgy

• 15% ABET

• 13% engineering

• 1 145 graduates since inception in 2008

Sustainability: local economic development (LED), corporate social investment (CSI), cont’d

CSI• FY10 spend: R13.6 million

C it i• Criteria:• projects within communities

around operations and from which labour is drawn

• ROI not essential; general community upliftment and of particular individuals is

• Kinds of support:• financial

36

• financial• managerial time, expertise• logistics, infrastructure

19

Delivering on strategy

Managing risk• higher production from surface retreatment (70% of FY10

production)production)• decrease in environmental rehabilitation liabilities due to:

• disposal of Durban Roodepoort Deep and West Wits Mining licences (R68 million decrease)

• mining of ERPM’s Elsburg Tailings Complex and other ongoing rehabilitation at ERPM (R5 million decrease)

• debt-free balance sheet with healthy current ratio

37

Delivering on strategy, cont’d

Lowering costs• only single-digit FY10 wage increase in SA gold sector• corporate costs 23% pa lower on average for past three years• corporate costs 23% pa lower on average for past three years• annual total cost increase limited to 7%

• significantly below industry average and in spite of high electricity costs, increased Ergo volumes

• lowest R/t cost in SA gold sector (R77/t)

38

20

Delivering on strategy, cont’d

Increasing margin

• Crown, Ergo Q4 operating margin 28% and 32% respectively

39

Looking ahead

Ergo: volume, mix and recoveries

• phase out Benoni Dam now that d El b li l t dsecond Elsburg line completed

• continuing R&D

Blyvoor: continuing focus on sustainability drivers

• face length

• face advance

• productivity (m²/tec)

40

• ‘mix’ management

Crown: pipeline link with Ergo

21

Results for the quarter ended 30 June 2010

Niël Pretorius, CEOCraig Barnes, CFO

26 August 2010