ANGLOGOLD - PRESS RELEASE

NEWS  RELEASE
CORPORATE COMMUNICATIONS DEPARTMENT
MASSIVE SHAREHOLDERS SUPPORT FOR ANGLOGOLD MERGER

THE PROPOSED MERGER OF THE GOLD INTERESTS OF ANGLO AMERICAN AND COMPANIES
ASSOCIATED WITH IT TO FORM ANGLOGOLD LIMITED - THE WORLD'S BIGGEST GOLD
PRODUCER - RECEIVED OVERWHELMING APPROVAL AT SHAREHOLDER MEETINGS OF ANGLOGOLD
AND THE PARTICIPATING COMPANIES IN JOHANNESBURG TODAY.

SOME 99,9 PER CENT OF THE SHAREHOLDERS OF (THE MERGER VEHICLE, PREVIOUSLY
LISTED AS VAAL REEFS EXPLORATION AND MINING COMPANY LIMITED) WHO WERE EITHER
PRESENT AT TODAY'S MEETING OF THE COMPANY OR REPRESENTED BY PROXY, VOTED IN
FAVOUR OF THE MERGER.  THERE WAS A 66,7 PER CENT POLL.

THE VOTING IN RESPECT OF THE PARTICIPATING COMPANIES WAS AS FOLLOWS:

COMPANY                        % POLL                % FOR

EASTVAAL                         92,1                99,9

SOUTHVAAL                        78,5                98,9

FREEGOLD                         68,5                97,9

JOEL                             80,0                99,9

ELANDSRAND                       79,2                98,8

WESTERN DEEP LEVELS              71,7                95,2

ERGO                             56,0                90,4

ANGLOGOLD CEO BOBBY GODSELL SAID AFTER THE VOTING THAT HE WAS "DELIGHTED AND
HUGELY ENCOURAGED" BY THE OUTCOME.

"FOR ALMOST TWO YEARS NOW, WE HAVE SOUGHT TO ENGAGE SHAREHOLDERS IN DIALOGUE ON
OUR VISION FOR A GOLD COMPANY FOR THE 21ST CENTURY," GODSELL SAID.

 "OUR VISION WAS OF A COMPANY, DIVERSIFIED BOTH IN TERMS OF OPERATIONAL AND
COUNTRY RISK, CAPABLE OF PRODUCING GOLD AT GLOBALLY COMPETITIVE LEVELS OF
PRODUCTIVITY AND COST.  THIS COMPANY WOULD OFFER INVESTORS FUTURE GROWTH
THROUGH CONTINUOUS REPLENISHMENT OF RESERVES AND RESOURCES, BUT NOT AT THE
EXPENSE OF A HEALTHY DIVIDEND NOW AND INTO THE FUTURE.

"OPERATIONALLY, WE ARE WELL UNDER WAY TOWARDS BRINGING OUR VISION TO REALITY,
MAKING GOOD PROGRESS TOWARDS THE ATTAINMENT OF PRODUCTIVITY TARGETS AND
ATTAINING OUR FIRST CASH COST GOAL OF $250 AN OUNCE.  OUR RECENTLY ANNOUNCED
ALLIANCE WITH BARRICK ON THE EXPLORATION FRONT SHOWS THAT WE ARE ALSO SERIOUS
ABOUT GROWING OUR ASSET BASE."

"TODAY'S VOTING CLEARLY INDICATES THAT OUR SHAREHOLDERS UNDERSTAND AND SUPPORT
OUR VISION, ARE ENCOURAGED BY OUR PROGRESS THUS FAR, AND ARE WILLING TO HAVE US
PROCEED."

SUBJECT TO SANCTIONING OF TODAY'S VOTING BY THE HIGH COURT ON 23 JUNE,
ANGLOGOLD LIMITED, THE MERGED ENTITY, WILL APPEAR IN THE LISTINGS OF THE
JOHANNESBURG AND LONDON STOCK EXCHANGES, AND THE PARIS BOURSE AT THE START OF
TRADING ON MONDAY, 29 JUNE. THE MERGED ENTITY WILL APPEAR IN THE BRUSSELS STOCK
EXCHANGE LISTINGS SHORTLY AFTERWARDS. PLANS FOR AN ANGLOGOLD ADR LISTING ON THE
NEW YORK STOCK EXCHANGE EARLY IN AUGUST ARE WELL ADVANCED.