Anglogold Issues R2 Billion Bond AngloGold Limited Incorporated in the Republic of South Africa Registration Number: 1944/017354/06 ISIN Number:ZAE000043485 NYSE Ticker: AU ANGLOGOLD ISSUES R2 BILLION BOND For immediate release but not to be released in or into the United States AngloGold Limited today launched a R2 billion bond due 28 August 2008. AngloGold"s debut bond issue was placed with a wide spread of domestic institutional investors. "The bond issue was oversubscribed by more than 70% and was scaled back. This is a step forward for the growing corporate bond market and indicates that good credit is rewarded and is necessary to support a growth strategy," says AngloGold"s Executive Finance Director, Jonathan Best. The proceeds of the bond will be used for capital expenditure in South Africa. The bond was launched at a spread of 118 basis points to the R194 government bond at a fixed semi-annual coupon of 10.5%. Listed on the Bond Exchange of South Africa, it was placed by joint lead managers Standard Corporate and Merchant Bank and Deutsche Bank. The bond has not and will not be registered under the United States Securities Act of 1933 and may not be offered or sold within the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the United States Securities Act of 1933. Details of the bond issue are as follows: - Issue Date: 21 August 2003 - Settlement Date: 28 August 2003 - Bond Exchange Code: AG01 - Nominal: R2 billion - Maturity Date: 28 August 2008 - Coupon: Fixed semi-annual at 10.5% - Coupon date: 28 August and 28 February - Books close date: 18 August and 18 February - Status: Senior unsecured - Covenants: Negative pledge and cross default - Law: South African - Denominations: R1 million - Joint lead managers: SCMB and Deutsche Bank 21 August 2003 Sponsor: UBS Ends Date: 21/08/2003 03:52:08 PM Supplied by www.sharenet.co.za Produced by the JSE SENS Department