ANGLOGOLD EXTENDS ACACIA OFFER

ANGLOGOLD LIMITED
NEWS RELEASE
CORPORATE COMMUNICATIONS DEPARTMENT
1ST FLOOR, 11 DIAGONAL STREET
JOHANNESBURG 2001
TELEPHONE:       (+27 11) 637-6379
FAX:             (+27 11) 637 6399/6400
17 DECEMBER 1999
WWW.ANGLOGOLD.COM
QUERIES :
SHELAGH BLACKMAN
(+27 11) 637 6379 (W)
(+27) 83 308 2479 (M)
STEVE LENAHAN
(+1 917) 368 8075 (W)
(+1 732) 740 1568 (M)
CHARLES CARTER
(+1 800) 417 9255 (TOLL-FREE)
(+1 303) 888 7412 (M)
BRIAN MAHONEY, FCR
(+61 2) 9235 1666 (W)
(+61) 413 437 627 (M)
ANGLOGOLD EXTENDS ACACIA OFFER

ANGLOGOLD HAS EXTENDED THE DEADLINE FOR ACCEPTANCES OF ITS OFFER FOR ALL THE
SHARES OF AUSTRALIAN GOLD COMPANY ACACIA RESOURCES LIMITED UNTIL FRIDAY 24
DECEMBER 1999.

ACCEPTANCES WERE DUE BY FRIDAY 17 DECEMBER AND BY CLOSE OF BUSINESS ON THAT
DATE HAD REACHED 89.6% OF ACACIA SHARES ON ISSUE.

CEO BOBBY GODSELL SAID: "THE RESPONSE SO FAR HAS BEEN EXCELLENT.  IT IS A BUSY
TIME OF YEAR, HOWEVER, AND MANY ACACIA SHAREHOLDERS MAY NOT HAVE HAD THE CHANCE
TO REPLY TO OUR OFFER.  FOR THIS REASON WE HAVE DECIDED TO EXTEND THE
DEADLINE."

THE UNCONDITIONAL OFFER INVOLVES AN EXCHANGE OF ANGLOGOLD SHARES FOR THOSE OF
ACACIA AT THE RATE OF 3.5 ANGLOGOLD SHARES PER 100 ACACIA SHARES.

ANY ACACIA SHAREHOLDERS WHO HAVE NOT RECEIVED THE OFFER DOCUMENT OR WHO HAVE
QUERIES ARE URGED TO CALL THE TOLL-FREE SHAREHOLDER HOTLINE ON 1-800-083-131.
THE NEW SCHEDULED CLOSING DATE FOR THE OFFER IS 19:00 MELBOURNE TIME ON FRIDAY
24 DECEMBER.
ENDS
DISCLAIMER

EXCEPT FOR THE HISTORICAL INFORMATION CONTAINED HEREIN, THERE ARE MATTERS
DISCUSSED IN THIS NEWS RELEASE THAT ARE FORWARD-LOOKING STATEMENTS.  SUCH
STATEMENTS ARE ONLY PREDICTIONS AND ACTUAL EVENTS OR RESULTS MAY DIFFER
MATERIALLY.  FOR A DISCUSSION OF IMPORTANT FACTORS INCLUDING, BUT NOT LIMITED
TO, DEVELOPMENT OF THE COMPANY'S BUSINESS, THE ECONOMIC OUTLOOK IN THE GOLD
MINING INDUSTRY, EXPECTATIONS REGARDING GOLD PRICES AND PRODUCTION, AND OTHER
FACTORS, WHICH COULD CAUSE ACTUAL RESULTS TO DIFFER MATERIALLY FROM SUCH
FORWARD-LOOKING STATEMENTS, REFER TO THE COMPANY'S ANNUAL REPORT ON THE FORM
20-F FOR THE YEAR ENDED DECEMBER 31, 1998 WHICH WAS FILED WITH THE SECURITIES
AND EXCHANGE COMMISSION ON MARCH 30, 1999