ACCEPTANCE OF ANGLOGOLD OFFER FOR ACACIA PASSES THE 20% MARK

ANGLOGOLD
NEWS RELEASE
CORPORATE COMMUNICATIONS DEPARTMENT
12TH FLOOR, 11 DIAGONAL STREET
JOHANNESBURG 2001
TELEPHONE: (+27 11) 637-6383
FAX: (+27 11) 637 6399/6400
25 NOVEMBER 1999
WWW.ANGLOGOLD.COM
QUERIES :
JAMES DUNCAN
(+27 11) 637 6147 (W)
(+27 11) 849 4161 (H)
(+27) 82 892 8052 (M)
STEVE LENAHAN
(+1 917) 368 8075 (W)
(+1 732) 740 1568 (M)
CHARLES CARTER
(+1 800) 417 9255 (TOLL-FREE)
(+1 303) 888 7412 (M)
ANGLOGOLD BID FOR ACACIA RESOURCES
ACCEPTANCE OF ANGLOGOLD OFFER PASSES THE 20% MARK

ANGLOGOLD IS PLEASED TO ANNOUNCE THAT AS OF 25 NOVEMBER 1999, THE COMPANY HAS
RECEIVED ACCEPTANCES REPRESENTING 24.6 OF THE ISSUED CAPITAL OF ACACIA
RESOURCES LIMITED.

"WE ARE DELIGHTED WITH THIS POSITIVE EARLY RESPONSE FROM THE ACACIA

SHAREHOLDERS. I WOULD LIKE TO WELCOME THEM AS SHAREHOLDERS IN ANGLOGOLD AND
HOPE THAT THE ATTRACTIVENESS OF THIS COMPANY WILL LEAD THEM TO BECOME LONG-TERM
HOLDERS" SAID CHIEF EXECUTIVE OFFICER BOBBY GODSELL.

ACACIA SHAREHOLDERS SHOULD RECEIVE THEIR ANGLOGOLD SHARES WITHIN THREE BUSINESS
DAYS OF ACCEPTANCE OF THE OFFER.

ANGLOGOLD IS ALSO PLEASED TO CONFIRM THAT THE SECURITIES AND EXCHANGE

COMMISSION IN THE UNITED STATES OF AMERICA HAS DECLARED ANGLOGOLD'S

REGISTRATION STATEMENT EFFECTIVE FROM 15 NOVEMBER 1999.

THIS MEANS THAT THE ANGLOGOLD SHARES RECEIVED BY FORMER ACACIA SHAREHOLDERS MAY
FREELY AND IMMEDIATELY BE CONVERTED TO AMERICAN DEPOSITORY RECEIPTS AND TRADED
ON THE NEW YORK STOCK EXCHANGE, IN ADDITION TO ALL OTHER EXCHANGES ON WHICH
ANGLOGOLD SHARES ARE QUOTED.
ENDS
DISCLAIMER

EXCEPT FOR THE HISTORICAL INFORMATION CONTAINED HEREIN, THERE ARE MATTERS
DISCUSSED IN THIS NEWS RELEASE THAT ARE FORWARD-LOOKING STATEMENTS.  SUCH
STATEMENTS ARE ONLY PREDICTIONS AND ACTUAL EVENTS OR RESULTS MAY DIFFER
MATERIALLY.  FOR A DISCUSSION OF IMPORTANT FACTORS INCLUDING, BUT NOT LIMITED
TO, DEVELOPMENT OF THE COMPANY'S BUSINESS, THE ECONOMIC OUTLOOK IN THE GOLD
MINING INDUSTRY, EXPECTATIONS REGARDING GOLD PRICES AND PRODUCTION, AND OTHER
FACTORS, WHICH COULD CAUSE ACTUAL RESULTS TO DIFFER MATERIALLY FROM SUCH
FORWARD-LOOKING STATEMENTS, REFER TO THE COMPANY'S ANNUAL REPORT ON THE FORM
20-F FOR THE YEAR ENDED DECEMBER 31, 1998 WHICH WAS FILED WITH THE SECURITIES
AND EXCHANGE COMMISSION ON MARCH 30, 1999