Anglogold Limited (Incorporated in the Republic of South Africa) (Registration Number: 1944/017354/06) ISIN Number: ZAE000014601 JSE Share Code: ANG 8 February 2002
ANGLOGOLD ANNOUNCES A US$600,000,000 SYNDICATED REVOLVING CREDIT FACILITY AngloGold today announced that a $600 million syndicated revolving credit facility was signed on Thursday, 7 February 2002. This facility, which will be used to refinance an existing US$350 million loan maturing on 12 February 2002 and for other general corporate purposes, has a three-year term and a margin of 70 basis points above LIBOR.
A total of 24 international banks participated in the facility.
Commenting on the conclusion of the arrangement, AngloGold's Finance
Director, Jonathan Best, said: "We're very pleased to have secured a margin for this facility that sets a new benchmark for large loans to South African companies. The rate is also significantly better than the terms of the previous loan, which had a margin of 90 basis points above LIBOR. This, together with the fact that the facility was substantially over-subscribed, indicates the market's strengthening perception of AngloGold's credit worthiness. It also signals an improvement in the availability and cost of funds for South African companies raising capital abroad." ends www.anglogold.com Queries: In South Africa Steve Lenahan +2711 637 6248 (tel) +2711 637 6107 (fax) +27 83 308 2200 (mobile) slenahan@anglogold.com Shelagh Blackman +2711 637-6379 (tel) +2711 637-6399 (fax) +27 83 308 2471 (mobile) sblackman@anglogold.com In the UK Alex Buck +44 20 7664 8712 (tel) +44 20 7664 8711 (fax) +44 7932 2740 452 (mobile) abuck@anglogold.com In the USA Charles Carter 800 417 9255 toll free +1 212 750 7999 (tel) +1 212 750 5626 (fax) ccarter@anglogold.com In Australia Andrea Maxey +61 8 9425 4604 (tel) +61 8 9625 4650 fax) +61 438 001 393 (mobile) amaxey@anglogold.com.au CORPORATE AFFAIRS DEPARTMENT 16th FLOOR, 11 DIAGONAL STREET JOHANNESBURG 2001 TELEPHONE: (+27 11) 637-6385 FAX: (+27 11) 637-6399/6400