ACQUISITION BY ANGLOGOLD OF THE GOLD INTERESTS OF MINORCO

ANGLOGOLD LIMITED
(INCORPORATED IN THE REPUBLIC OF SOUTH AFRICA)
(REGISTRATION NUMBER 05/17354/06)
("ANGLOGOLD")

THE ACQUISITION BY ANGLOGOLD OF THE GOLD INTERESTS OF MINORCO

AT THE GENERAL MEETING OF MEMBERS OF ANGLOGOLD HELD ON WEDNESDAY, 3 FEBRUARY
1999, THE ORDINARY RESOLUTION FOR THE RATIFICATION AND APPROVAL OF THE
ACQUISITION BY ANGLOGOLD OF THE GOLD INTERESTS OF MINORCO WAS PASSED IN THE
MANNER AND BY THE MAJORITY REQUIRED FOR A RELATED PARTY TRANSACTION IN TERMS OF
THE LISTINGS REQUIREMENTS OF THE JOHANNESBURG STOCK EXCHANGE.

IT IS EXPECTED THAT SETTLEMENT IN TERMS OF THE ACQUISITION AGREEMENT WILL TAKE
PLACE DURING MARCH 1999, WHEN THE LAST OF THE CONDITIONS PRECEDENT WILL HAVE
BEEN FULFILLED.
JOHANNESBURG
4 FEBRUARY 1999
FINANCIAL ADVISERS
GOLDMAN SACHS

(REGULATED IN THE UNITED KINGDOM BY THE SECURITIES AND FUTURES AUTHORITY)
MERRILL LYNCH

(REGULATED IN THE UNITED KINGDOM BY THE SECURITIES AND FUTURES AUTHORITY)
SPONSORING BROKER
MERRILL LYNCH SOUTH AFRICA (PTY) LTD.
MEMBER OF THE JOHANNESBURG STOCK EXCHANGE
REGISTRATION NUMBER 95/01805/07
LEGAL ADVISERS
DENEYS REITZ ATTORNEYS