ANGLOGOLD ASHANTI LIMITED - Dealing in securities by an Executive Director of AngloGold Ashanti Limited

Dealing in securities by an Executive Director of AngloGold Ashanti Limited

AngloGold Ashanti Limited
(Incorporated in the Republic of South Africa)
Reg. No. 1944/017354/06
ISIN. ZAE000043485 – JSE share code: ANG
CUSIP: 035128206 – NYSE share code: AU
JSE Bond Company Code - BIANG
(“AngloGold Ashanti” or the “Company”)

11 May 2018



NEWS RELEASE
DEALING IN SECURITIES BY AN EXECUTIVE DIRECTOR OF ANGLOGOLD ASHANTI LIMITED

In terms of JSE Listings Requirement 3.63, AngloGold Ashanti gives notice that an executive director has
dealt in ordinary shares of the Company, after having received clearance to do so in terms of JSE Listings
Requirement 3.66.

The resignation of AngloGold Ashanti Chief Executive Officer Mr Srinivasan Venkatakrishnan was
announced on 16 April 2018, as well as his intention to remain in his role until 30 August 2018. In terms of
the rules of the AngloGold Ashanti share incentive plans, all share awards granted to an employee lapse if
not exercised by the date of the employee’s departure from the company.

During 2014 and 2015, Mr Venkatakrishnan opted to convert his 2013 cash retention bonus and 2014 Bonus
Share Plan cash bonus on a pre-tax basis into AngloGold Ashanti shares which resulted in the conversion of
118,428 AngloGold Ashanti shares. These shares were restricted until retirement, or resignation, or
termination of employment, or any corporate activity resulting in a change of control or death, whichever
came first (“the Restricted Shares”). As Mr Venkatakrishnan has now resigned the restriction has been lifted
and he is able to take ownership of the Restricted Shares. A portion of the Restricted Shares has been sold
to cover the tax liability as detailed below.

In advance of his scheduled departure from AngloGold Ashanti, Mr Venkatakrishnan has, therefore, opted
to:
-   exercise all categories of vested share awards granted to him since 2010 (“Vested Share Awards”)
    (499,469 AngloGold Ashanti shares); and
-   sell sufficient AngloGold Ashanti shares to cover his tax costs in respect of the exercise of the Vested
    Share Awards and the Restricted Shares (279,073 AngloGold Ashanti shares)

Exercise of Vested Share Awards

 Name of executive director                 S Venkatakrishnan
 Name of company                            AngloGold Ashanti Limited
 Date of transaction                        10 May 2018
 Nature of transaction                      Off market exercise of Vested Share Awards
 Class of security                          Ordinary shares
 Number of shares exercised                 499,469
 Exercise price per share                   R110.6729
 Value of transaction                       R55,277,682.6901
 Extent of interest                         Direct beneficial
 Prior clearance to deal                    Obtained




                                                      1
Related taxes have been paid by the Executive Director by selling a portion of the shares as detailed below:

Sale of shares to settle tax costs


Name of executive director                  S Venkatakrishnan
Name of company                             AngloGold Ashanti Limited
Date of transaction                         10 May 2018
Nature of transaction                       On-market sale of shares to fund tax liability in relation to costs
                                            incurred in the exercise of the Vested Share Awards and the
                                            Restricted Shares
Class of security                           Ordinary shares
Number of shares sold                       279,073
Average price of shares sold                R110.5862
Lowest price of shares sold                 R109.5500
Highest price of shares sold                R112.0000
Value    of   transaction      (excluding   R30,861,622.5926
brokerage and other fees)
Extent of interest                          Direct, beneficial
Prior clearance to deal                     Obtained

The net impact resulting from the transactions above is that Mr Venkatakrishnan will retain 463,203
AngloGold Ashanti shares (including the balance of the Restricted Shares after the disposal to settle the
relevant tax costs and AngloGold Ashanti shares held in his personal portfolio), which he will continue to
own as an investment. Mr Venkatakrishnan will forfeit all share awards that have not yet vested.

ENDS

11 May 2018
Johannesburg
JSE Sponsor: Deutsche Securities (SA) Proprietary Ltd


Investor and Media Contacts


Stewart Bailey +27 81 032 2563 / +27 11 637 6031 sbailey@anglogoldashanti.com


Incorporated in the Republic of South Africa Reg No: 1944/017354/06
ISIN. ZAE000043485 – JSE share code: ANG CUSIP: 035128206 – NYSE share code: AU


Website: www.anglogoldashanti.com

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