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ANGLOGOLD ASHANTI EMPLOYEE SHARE OWNERSHIP PROGRAMME - ANGLOGOLD ASHANTI

Release Date: 08/06/2005 16:39
Code(s): ANG
Wrap Text

ANGLOGOLD ASHANTI EMPLOYEE SHARE OWNERSHIP PROGRAMME - ANGLOGOLD ASHANTI EMPLOYEE SHARE OWNERSHIP PROGRAMME ANGLOGOLD ASHANTI EMPLOYEE SHARE OWNERSHIP PROGRAMME 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 EMPLOYEE SHARE OWNERSHIP PROGRAMME AngloGold Ashanti notes recent press reports and confirms that it is considering establishing an employee share ownership programme (ESOP). The company has had preliminary discussions with organised labour in South Africa on this matter and expects these to proceed in earnest in the near future. The company has also discussed the potential ESOP with the South African Department of Minerals and Energy, as AngloGold Ashanti sees an ESOP as part of its transformation programme and in line with the spirit of the mining charter. The contemplated ESOP is consistent with the company"s stated strategic intention to develop means of promoting broad-based equity participation. The scope and terms of the scheme remain under consideration and, once finalised, a further announcement will be made and, if appropriate, put forward for shareholder approval. ends Johannesburg 8 June 2005 Date: 08/06/2005 04:39:40 PM Supplied by www.sharenet.co.za Produced by the JSE SENS Department