AngloGold - issue of circular

Mon, 29 Jun 2009

At the annual general meeting held on 15 May 2009, AngloGold Ashanti shareholders approved a resolution giving authority to the directors of AngloGold Ashanti to issue convertible bonds. On 19 May 2009, AngloGold Ashanti announced the successful offering of USD732 500 000 3.5 percent convertible bonds due 2014, by its wholly-owned subsidiary AngloGold Ashanti Holdings Finance plc and guaranteed by AngloGold Ashanti to a broad group of public investors. Given that the specific terms of the convertible bond are now known, the directors of AngloGold Ashanti are seeking a specific authority and approval from shareholders for the directors of the company to allot and issue up to 15 384 615 ordinary shares of R0.25 each in the authorised but unissued share capital of the company at a conversion price of USD47.6126 per AngloGold Ashanti ADS, subject to adjustment, for purposes of the potential conversion of the convertible bonds. The specific authority will enable AngloGold Ashanti to allot and issue AngloGold Ashanti ordinary shares underlying the AngloGold Ashanti ADSs issuable upon any exercise of conversion rights attached to the convertible bonds. Posting of circular A circular, convening a general meeting of shareholders regarding the granting of the specific authority to be held on Thursday, 30 July 2009 at 10:00 SA time at The Auditorium, 76 Jeppe Street, Newtown, Johannesburg, South Africa will be posted to shareholders today, Monday, 29 June 2009. A copy of the circular is available on request from the Company Secretary at companysecretary@anglogoldashanti.com or on the company's website on http://www.anglogoldashanti.co.za/Investor+Info/Corporate+Activity/Convertible +Bond.htm