RNS Number:7199R
Stilfontein Gold Mining Co
28 September 2000


STILFONTEIN 
Gold Mining Company Limited
Registration Number 1949/033412/06


RESULTS FOR THE YEAR ENDING 30 JUNE 2000

Issued Capital 13 062 920 Ordinary Shares of 50 cents each

Financial Results


INCOME STATEMENT                    Year ended   Year ended
                                    30/06/00     30/06/99
                                    R 000        R 000

Operating revenue                         656          509
Operating expenses - administrative      (685)        (550)
Operating expenses - other             (3 536)        (989)
                                      ---------    --------
Operating Loss                         (3 565)      (1 030)

Net financing income                      580          814
                                      ---------    --------

Loss before Tax                        (2 985)        (216)
Taxation                                 (692)        (246)
                                      ---------    --------
Net loss for the year                  (3 677)        (462)
                                      =========    ========
Headline and loss per share (cents)       (28)          (4)
Funds released from non 
distributable reserve due to
capital recoupments and movement
in unlisted investments                 1 047          197
                                      ---------    --------

BALANCE SHEET
ASSETS
                                    Year ended   Year ended
                                    30/06/00     30/06/99
                                    R 000        R 000

Non-current assets                   7 995        9 092                       
       
                                     ------      -------
Property, plant and equipment        7 996        8 946
Investments                             29          146

Current assets                       8 224       10 487
                                     ------      --------
Receivables and prepayments          7 973        5 352
Prepaid taxation                                     85
Cash and bank balances                 251        5 050
                                    ---------   -------
Total assets                        16 219       19 579
                                   ----------   -------

EQUITY AND LIABILITIES

Capital and reserves               11 265        14 942
                                   -------       -------
Share capital                       6 531         6 531
Share premium                       1 514         1 514
Reserves                                          1 047
Retained earnings                   3 220         5 850

Current Liabilities                 4 954         4 637
                                    -------       ------
Trade payables and prepayments      2 149         2 979
Bank overdraft                      2 805         1 658
                                   --------      -------
Total equity and liabilities       16 219        19 579
                                   --------      -------

CASH FLOW STATEMENT
                Year ended   Year ended
                                    30/06/00     30/06/99
                                    R 000        R 000

Net cash effects of operating 
activities                          (7 038)      (2 045)

Net cash effects of investing
activities                           1 092          198
                                   ---------    --------
Net cash movement                   (5 946)      (1 847)

Cash available at beginning
of year                              3 392        5 239
                                   ---------    --------

Cash available at end of year      (2 554)       (3 392)
                                   =========    ========

During the period under review the company continued pumping operations on
behalf of Hartebeestfontein Gold Mining Company Limited, and rehabilitation
and maintenance on behalf of Rand Leases Properties and the sale of surplus
equipment.  No dividends were declared for the year ended 30 June 2000.


Registered Office and Secretary:
DRD Building
45 Empire Road, Parktown
P O Box 390
Maraisburg
1700
Telephone (011) 482-4968   Telefax (011) 482-1022


Transfer Secretaries:
Computershare Services (Pty) Limited
4th floor
Edura Building
41 Fox Street
Johannesburg
P O Box 62391
Marshalltown
2107
Republic of South Africa
Telephone (011) 370-7743  Telefax (011) 370-7916


United Kingdom Registrars:
Computershare Services PLC
Securities Services - Registrars
P O Box 82
The Pavillions
Bridgewater Road
Bristol BS99 7NH
Telephone (0117) 930-6600  Telefax (0117) 930-6509

United Kingdom Secretaries:  St. James's Corporate Services Limited
6 St. James's Place
London
SW1A 1 NP
Telephone (020) 7499-3916  Telefax (020) 7491-1989

French Agents
Barclays Bank PLC
Boulevard Haussmann
75315
Paris
Cedex 09
Telephone (1) 55 275386   Telefax (1) 55 275732
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