ANGLOGOLD - FINALISATION OF GEITA SALE

ANGLOGOLD LIMITED
JOINT NEWS RELEASE
15 DECEMBER 2000
ASHANTI AND ANGLOGOLD CLOSE GEITA SALE

ASHANTI GOLDFIELDS COMPANY LIMITED ("ASHANTI") AND ANGLOGOLD LIMITED

("ANGLOGOLD") ANNOUNCE THAT THE SALE OF A 50% INTEREST IN ASHANTI'S GEITA GOLD
MINE IN TANZANIA TO ANGLOGOLD LIMITED (THE "TRANSACTION"), MADE PUBLIC EARLIER
THIS YEAR, CLOSED TODAY.

AS PART OF THE TRANSACTION, ASHANTI HAS ENTERED INTO A JOINT VENTURE WITH
ANGLOGOLD TO JOINTLY OPERATE AND MANAGE THE GEITA PROJECT.  THE PARTNERS LOOK
FORWARD TO WORKING TOGETHER TO REALISE THE FULL POTENTIAL OF THE GEITA PROJECT
FOR ALL STAKEHOLDERS.
ENDS
QUERIES: ASHANTI GOLDFIELDS COMPANY LIMITED
S. VENKATAKRISHNAN (VENKAT)
CHIEF FINANCIAL OFFICER
+233 21 778171 (TEL)
MARK ARNESEN
MANAGING DIRECTOR, INTERNATIONAL TREASURY
+44 20 7448 3953 (TEL)
JAMES ANAMAN
MANAGING DIRECTOR,
PUBLIC AFFAIRS
+233 21 778178 (TEL)
ERNEST ABANKROH
COMPANY SECRETARY
+233 21 774977 (TEL)
4C COMMUNICATIONS LIMITED
CARINA CORBETT
+44 20 8949 7171 (TEL)
GOLIN/HARRIS
ALLAN JORDAN
+1 212 697 9191 (TEL)
WWW.ASHANTIGOLD.COM
QUERIES: ANGLOGOLD LIMITED
IN SOUTH AFRICA
INVESTOR RELATIONS
STEVE LENAHAN
+2711 637 6248 (TEL)
+2711 637 6107 (FAX)
+27 83 308 2200 (MOBILE)
SLENAHAN@ANGLOGOLD.COM
PETA BALDWIN
+2711 637 6647
+27 11 637 6107 (FAX)
PBALDWIN@ANGLOGOLD.COM
IN SOUTH AFRICA
MEDIA
JAMES DUNCAN
+2711 637 6147 (TEL)
+2711 637 6399 (FAX)
+27 82 892 8052 (MOBILE)
JDUNCAN@ANGLOGOLD.COM
IN THE UK
ALEX BUCK
+44 20 7664 8712 (TEL)
+44 20 7664 8711 (FAX)
+44 7932 740 452 (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 3 9684 4920 (TEL)
+61 3 9684 4951 FAX)
+61 438 001 393 (MOBILE)
AMAXEY@ANGLOGOLD.COM.AU
WWW.ANGLOGOLD.COM