Sharenet Sites 
Sharenet Sites
ANG - Anglogold Ashanti Announces Operational Management Restructure And Change To The Board 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 ANNOUNCES OPERATIONAL MANAGEMENT RESTRUCTURE AND CHANGE TO THE BOARD In developing a strategy that places renewed emphasis on safety, productivity improvement and enhanced shareholder value, new CEO Mark Cutifani has initiated a management restructuring in which operational reporting will be brought one step closer to the CEO. The company will be moving to a regional operating structure in which there will be three operating heads reporting directly to the CEO, resulting in the Chief Operating Officer structure being redundant with immediate effect. As a consequence of these changes and reflecting his own desire to pursue other opportunities, Neville Nicolau has advised the company of his intention to leave AngloGold Ashanti. Cutifani commented, "We wish Neville well on his chosen path and we all join in thanking him for 29 years of dedicated and distinguished service, initially with Anglo American and then with AngloGold Ashanti since the formation of the company." Further announcements regarding structure and appointments will be made in due course. DIRECTORATE CHANGES The following changes have taken place to the board of AngloGold Ashanti Limited: Name Nature of Change Mr N F Nicolau Resigned effective 12 November 2007 Taking account of the above the board of directors should read as follows: Directors Alternate Mr R P Edey (Chairman) (British) Dr T J Motlatsi (Deputy Chairman) Mr M Cutifani (Chief Executive Officer) (Australian) Mr F B Arisman (American) Mr R E Bannerman (Ghanaian) Mrs E le R Bradley Mr J H Mensah (Ghanaian) Mr W A Nairn Prof. L W Nkuhlu Mr S M Pityana Mr S R Thompson (British) Mr S Venkatakrishnan (British) ENDS Monday, 12 November 2007 JSE Sponsor - UB Queries South Africa Tel: Mobile: Charles Carter +27(0)11 637 6385 +27 (0) 82 330 5373 E-mail: cecarter@AngloGoldAshanti.com Steve Lenahan +27(0)11 637 6248 27(0)83 308 2200 slenahan@AngloGoldAshanti.com Certain statements made during this communication, including, without limitation, those concerning the economic outlook for the gold mining industry, expectations regarding gold prices, production, cash costs and other operating results, growth prospects and the outlook of AngloGold Ashanti`s operations including the completion and commencement of commercial operations of certain of AngloGold Ashanti`s exploration and production projects, and its liquidity and capital resources and expenditure, 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 2006, which was distributed to shareholders on 29 March 2007. 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. Date: 12/11/2007 17:05:01 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.
