ANGLOGOLD TO SELL AMAPARI

ANGLOGOLD TO SELL AMAPARI                                                       
AngloGold Limited                                                               
   (Incorporated in the Republic of South Africa)                               
(Registration Number: 1944/017354/06)                                        
   ISIN Number:ZAE000043485                                                     
   JSE Share Code: ANG                                                          
   NYSE Ticker: AU                                                              
ANGLOGOLD TO SELL AMAPARI                                                       
   AngloGold announced today that it has signed an agreement to sell its wholly-
owned Amapari Project to Mineracao Pedra Branca do Amapari, for the total       
consideration of US$18.2 million.  The Amapari project is located in the State  
of Amapa, North Brazil.  Since acquiring the property as part of the package of 
assets AngloGold purchased from Minorco in 1998, the Company has been seeking to
prove up additional reserve ounces in order to get it to a size and life was    
would justify the management resources needed to run it effectively.  This has  
not yet been achieved and the Company has received an offer from a purchaser who
can constructively turn this orebody to account. AngloGold estimates the project
to have reserves of 9.8 million tonnes at 2.29 g/t.                             
   Commenting on the transaction, Roberto Carvalho Silva, regional head for     
AngloGold South America, said: "Although it has been a difficult decision to    
dispose of the property, AngloGold has realised a fair price for it and I am    
pleased that the project will be completed".                                    
   Background Note for Editors:                                                 
Mineracao Pedra Branca do Amapari is wholly-owned by Eike Batista, the       
founder of TVX Gold, recently acquired by Kinross Gold Corporation.             
Johannesburg                                                                    
23 May 2003                                                                     
Except for the historical information contained herein, the matters discussed in
this news release are forward-looking statements within the meaning of Section  
27A of the U.S. Securities Act of 1933 and Section 21E of the U.S. Securities   
Exchange Act of 1934.  For a discussion of important factors and risks involved 
in AngloGold"s business, refer to AngloGold"s annual report on Form 20-F for the
year ended 31 December 2002 which was filed with the U.S. Securities and        
Exchange Commission on 7 April 2003.                                            
Queries:                                                                        
South Africa     Tel:         Mobile:      E-mail:                              
Steve Lenahan    +27116376248 +27833082200 slenahan@anglogold.com               
Alan Fine        +27116376383 +27832500757 afine@anglogold.com                  
Shelagh Blackman +27116376379 +27833082471 skblackman@anglogold.com             
Date: 23/05/2003 04:49:34 PM Supplied by www.sharenet.co.za                     
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