Correction to typographical error in 2016 Rand Mining Annual Report

The Company wishes to advise that a typographical error has occurred in the annual report.

On page 7 of the Rand Annual Report, the statement reads:

Gold on hand

At 30 June 2016, Rand Mining Ltd held 40,895,528 ounces of gold …..

The statement should have read:

Gold on hand

At 30 June 2016, Rand Mining Ltd held 40,895.528 ounces of gold……(forty thousand, eight hundred and ninety five point five hundred and twenty eight)

Roland Berzins Company Secretary 30 September 2016

*Amended Annual Report follows

Rand Mining Limited

ABN 41 004 669 658

Annual Report - 30 June 2016

Rand Mining Limited Contents

30 June 2016

Corporate directory 2

Directors' report 3

Auditor's independence declaration 23

Statement of profit or loss and other comprehensive income 24

Statement of financial position 25

Statement of changes in equity 26

Statement of cash flows 27

Notes to the financial statements 28

Directors' declaration 61

Independent auditor's report to the members of Rand Mining Limited 62

Shareholder information 65

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Rand Mining Limited Corporate directory 30 June 2016

Directors Otakar Demis - Chairman Anthony Billis

Gordon Sklenka

Company secretaries Otakar Demis Roland Berzins

Notice of annual general meeting The annual general meeting of Rand Mining Limited will be held at:

IBIS Styles Hotel 45 Egan Street

Kalgoorlie WA 6430

on 25 November 2016 at 9.00am.

Registered office Suite G1, 49 Melville Parade South Perth WA 6151

Tel: +61 (8) 9474 2113

Fax: +61 (8) 9367 9386

Principal place of business Suite G1, 49 Melville Parade

South Perth WA 6151 Correspondence address: PO Box 307

West Perth WA 6872

Share register Advanced Share Registry Services Limited 110 Stirling Highway

Nedlands WA 6009

Tel: +61 (8) 9389 8033

Fax: +61 (8) 9262 3723

Auditor Grant Thornton Audit Pty Ltd Level 1

10 Kings Park Road WEST PERTH WA 6005

Bankers ANZ Bank

77 St George's Terrace Perth WA 6000

Stock exchange listing Rand Mining Limited shares are listed on the Australian Securities Exchange (ASX

code: RND)

Websitewww.randmining.com.au

Corporate Governance Statement The Company's directors and management are committed to conducting the Group's

business in an ethical manner and in accordance with the highest standards of corporate governance. The Company has adopted and substantially complies with the ASX Corporate Governance Principles and Recommendations (3rd Edition) ('Recommendations') to the extent appropriate to the size and nature of the Group's operations.

The Company has prepared a Corporate Governance Statement which sets out the corporate governance practices that were in operation throughout the financial year for the Company, identifies any Recommendations that have not been followed, and provides reasons for not following such Recommendations.

The Company's Corporate Governance Statement and policies, which will be approved at the same time as the Annual Report, can be found on our website:www.randmining.com.au/Corporate-Governance

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