LONDON--(Marketwire - August 5, 2009) -


RANDGOLD RESOURCES LIMITED
Incorporated in Jersey, Channel Islands
Reg. No. 62686
LSE Trading Symbol: RRS
Nasdaq Trading Symbol: GOLD
("Randgold")

Not for release, publication or distribution, in whole or in part in, into or from any jurisdiction where to do so would constitute a violation of the relevant laws of such jurisdiction.

Randgold Resources Limited (LSE: RRS) (NASDAQ: GOLD) ("Randgold") and Moto Goldmines Limited ("Moto" or the "Company") (TSX: MGL) (AIM: MOE) today announced that the offer from Randgold, which was announced on 27 July 2009, has been accepted by Moto and that they have entered into an arrangement agreement (the "Arrangement Agreement") providing for the exchange of each outstanding common share of Moto for the equivalent of C$4.84 per share (as at 4 August 2009) on the basis of each Moto common share being exchanged for 0.07061 of a Randgold ordinary share or American Depositary Share ("ADS") of Randgold (the "Randgold Transaction").

Immediately prior to accepting the Randgold Transaction, Moto terminated the existing arrangement agreement with Red Back Mining Inc. ("Red Back") in accordance with its terms and initiated payment to Red Back of the agreed termination fee of C$15,250,000. The voting agreements of the Moto directors and officers regarding the Red Back transaction have also been terminated.

Moto has also cancelled the meeting of Moto shareholders and optionholders that was scheduled for 4:00 pm (Vancouver, British Columbia time) on 5 August 2009. Moto will advise of the new date for a meeting of Moto shareholders and optionholders to consider the Randgold Transaction once that date is set.

Click on, or paste the following link into your web browser, to view the associated PDF document.

http://www.rns-pdf.londonstockexchange.com/rns/9546W_1-2009-8-5.pdf

Contact Information: For further information, please contact: Randgold Resources Limited Dr Mark Bristow Chief Executive Tel: +44 788 071 1386 or Tel: +44 779 775 2288 Kathy du Plessis Investor & Media Relations Tel: +44 20 7557 7738 email: Moto Goldmines Limited Andrew Dinning President and Chief Operating Officer Tel: +61 8 9273 4222 email: Mark Arnesen Financial Director and Chief Financial Officer Tel: +61 8 9273 4222 email: RFC Corporate Finance Ltd (Nominated Advisor to Moto for the purposes of AIM) Steve Allen Tel: +61 8 9480 2508 email: GMP Securities Europe LLP (AIM Broker to Moto) James Cassley Tel: +44 20 7647 2803 email: Randgold Resources Limited website: www.randgoldresources.com Moto Goldmines Limited website: www.motogoldmines.com