ANGLOGOLD - CAUTIONARY

ANGLOGOLD LIMITED
(INCORPORATED IN THE REPUBLIC OF SOUTH AFRICA)
(REGISTRATION NUMBER 05/17354/06)
("ANGLOGOLD")

PROPOSED ACQUISITION BY ANGLOGOLD OF THE ENTIRE ISSUED SHARE CAPITAL IN ACACIA
RESOURCES LIMITED ("ACACIA")
WITHDRAWAL OF CAUTIONARY ANNOUNCEMENT

IN AN ANNOUNCEMENT PUBLISHED ON 11 OCTOBER 1999, ANGLOGOLD ADVISED ITS
SHAREHOLDERS OF ITS INTENTION TO ACQUIRE THE ENTIRE ISSUED SHARE CAPITAL OF
ACACIA, ONE  OF AUSTRALIA'S PREMIER GOLD COMPANIES. FOLLOWING APPROVAL OF THE
PROPOSED ACQUISITION BY THE FOREIGN INVESTMENT REVIEW BOARD IN AUSTRALIA AND
THE SOUTH AFRICAN RESERVE BANK, THE OFFER IS UNCONDITIONAL. THE OFFER DOCUMENTS
WERE POSTED TO ACACIA SHAREHOLDERS ON 16 NOVEMBER 1999.

THE LISTING OF ANGLOGOLD SHARES ON THE AUSTRALIAN STOCK EXCHANGE COMMENCED ON
16 NOVEMBER 1999.

ACCORDINGLY, THE CAUTIONARY ANNOUNCEMENT PUBLISHED ON 11 OCTOBER 1999 IS NOW
WITHDRAWN.

A FURTHER ANNOUNCEMENT WILL BE PUBLISHED FOLLOWING THE CLOSE OF THE OFFER ON 17
DECEMBER 1999.
JOHANNESBURG
17 NOVEMBER 1999
ADVISORS TO ANGLOGOLD
FINANCIAL:
DEUTSCHE BANK AG
ACCOUNTANTS:
ERNST & YOUNG
LEGAL:
DENEYS REITZ
FREEHILL HOLLINGDALE &PAGE
SHEARMAN & STERLING