ANG - Anglogold Ashanti - Signs agreements with Randgold Resources Limited in

ANG - Anglogold Ashanti -  Signs agreements with Randgold Resources Limited in  
relation to its proposed acquisition of Moto Goldmines Limited                  
AngloGold Ashanti Limited                                                       
Incorporated in the Republic of South Africa                                  
  Registration Number: 1944/017354/06)                                          
  ISIN Number:ZAE000043485                                                      
  JSE Share Code: ANG                                                           
("AngloGold Ashanti/Company")                                                 
ANGLOGOLD ASHANTI LIMITED SIGNS AGREEMENTS WITH RANDGOLD RESOURCES LIMITED IN   
RELATION TO ITS PROPOSED ACQUISITION OF MOTO GOLDMINES LIMITED                  
AngloGold Ashanti Limited ("AngloGold Ashanti" or "the Company") is pleased to  
announce that it has entered into a series of agreements with Randgold          
Resources Limited ("Randgold Resources"), which, upon the closing of Randgold   
Resources` proposed acquisition of 100% of the issued share capital and         
outstanding options and warrants of Moto Goldmines Limited ("Moto"), will       
result in AngloGold Ashanti acquiring an indirect 50% interest in Moto for      
approximately US$244 million in cash.                                           
At the same time, AngloGold Ashanti and Randgold Resources will form a joint    
venture for the development and operation of the Moto gold project, located in  
the Democratic Republic of the Congo ("DRC"). Moto owns 70% of the project      
which is at an advanced exploration stage with a JORC compliant Mineral         
Resource of some 22.5 million ounces of gold as published on 21 January 2009.   
The other 30% joint venture interest in the project is owned by Offices des     
Mines d`Or de Kilo-Moto ("Okimo"), a DRC state-owned company.  Under the terms  
of the proposed joint venture agreement, Randgold Resources will be appointed   
operator of the project.                                                        
Shareholders are referred to a separate announcement made by Randgold           
Resources today describing its approach to the Board of Directors of Moto in    
relation to its proposed acquisition.                                           
  AngloGold Ashanti`s agreement to acquire its indirect joint venture           
interest in Moto, as described above, is subject to the completion of the       
acquisition of Moto by Randgold Resources and, as is customary for              
transactions of this nature, an application has been made by AngloGold Ashanti  
to, and is currently under consideration by, the South African Reserve Bank.    
  "We`re pleased to build on the successful partnership we`ve enjoyed with      
Randgold Resources over the past nine years at Morila,`` AngloGold Ashanti      
Chief Executive Officer Mark Cutifani said.  "Our agreement to acquire for      
cash a 50% joint venture interest on closing enables Randgold Resources to      
present terms to Moto which make its offer clearly superior to those already    
offered by Red Back Mining Inc. in its offer for Moto.``                        
  "This partnership will benefit all stakeholders, especially the people of     
the DRC, by successfully developing one of the world`s most exciting gold ore-  
bodies in a joint effort that shares risk and rewards," Cutifani said.  "This   
is a further step in our Africa growth strategy and complements our existing    
greenfields exploration activities in the DRC by taking a larger foothold in    
one of the world`s most prospective goldfields via the Moto gold project, one   
of Africa`s largest undeveloped mineral resources.``                            
There can be no assurance, at this stage, that Randgold Resources will          
complete its proposed acquisition of Moto.  AngloGold Ashanti will make a       
further announcement in due course.                                             
Financial Advisor to AngloGold Ashanti                                          
CIBC                                                                          
Legal Advisors to AngloGold Ashanti                                             
  Fasken Martineau DuMoulin LLP                                                 
  Shearman & Sterling LLP                                                       
ENDS                                                                          
  16 July 2009                                                                  
  JSE Sponsor - UBS                                                             
Contacts                                                                        
Alan Fine (Media)  Tel: +27 (0) 11 637 6383   Mobile: +27 (0) 83 250 0757       
  E-mail: afine@anglogoldashanti.com                                            
Joanne Jones (Media)  Tel: +27 (0) 11 637- 6813  Mobile: +27 (0) 82 896 0306    
  E-mail: jjones@AngloGoldAshanti.com                                           
Stewart Bailey (Investor)  Tel: +1 212 836 4303  Mobile: +1 646 338 4337        
  E-mail: sbailey@AngloGoldAshanti.com                                          
Certain statements made in this communication, including, without limitation,   
those concerning the benefits of the partnership for all stakeholders and the   
prospects of the Moto Gold Project, contain certain forward-looking statements  
regarding AngloGold Ashanti`s operations, economic performance and financial    
condition. Although AngloGold Ashanti believes that the expectations reflected  
in such forward-looking statements are reasonable, no assurance can be given    
that such expectations will prove to have been correct. Accordingly, results    
could differ materially from those set out in the forward-looking statements    
as a result of, among other factors, changes in economic and market             
conditions, success of business and operating initiatives, changes in the       
regulatory environment and other government actions, fluctuations in gold       
prices and exchange rates, and business and operational risk management. For a  
discussion of such factors, refer to AngloGold Ashanti`s annual report for the  
year ended 31 December 2008, which was distributed to shareholders on 27 March  
2009 and the company`s annual report on Form 20-F, filed with the Securities    
and Exchange Commission in the United States on May 5, 2009 as amended on May   
6, 2009. AngloGold Ashanti undertakes no obligation to update publicly or       
release any revisions to these forward-looking statements to reflect events or  
circumstances after today`s date or to reflect the occurrence of unanticipated  
events. All subsequent written or oral forward-looking statements attributable  
to AngloGold Ashanti or any person acting on its behalf are qualified by the    
cautionary statements herein. AngloGold Ashanti posts information that is       
important to investors on the main page of its website at                       
www.anglgoldashanti.com and under the "Investors" tab on the main page. This    
information is updated regularly. Investors should visit this website to        
obtain important information about AngloGold Ashanti.                           
Date: 16/07/2009 13:41:01 Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department.                  
The SENS service is an information dissemination service administered by the    
JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or            
implicitly, represent, warrant or in any way guarantee the truth, accuracy or   
completeness of the information published on SENS. The JSE, their officers,     
employees and agents accept no liability for (or in respect of) any direct,     
indirect, incidental or consequential loss or damage of any kind or nature,     
howsoever arising, from the use of SENS or the use of, or reliance on,          
information disseminated through SENS.