London, 30 March 2015 - Randgold Resources intends to continue to pay a progressive ordinary dividend that will increase or at least be maintained annually, the company says in its annual report for 2014 published today. The board has proposed a 20% increase in the 2014 dividend to $0.60 per share for approval at its annual general meeting on 5 May 2015.

Chief financial officer Graham Shuttleworth said that the company also intended to build its net cash position to approximately $500 million to provide financing flexibility for future new mine developments and/or other growth opportunities.

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