JOINT ANNOUNCEMENT BY ANGLOGOLD AND RANDGOLD RESOURCES

YOU ARE INVITED TO JOIN RANDGOLD RESOURCES AND ANGLOGOLD AT A BRIEFING IN
JOHANNESBURG LATER TODAY ON THE CONTENT OF THE ATTACHED JOINT ANNOUNCEMENT
REGARDING MORILA. ALTERNATIVELY, YOU MAY WISH TO ACCESS THE BRIEFING BY
TELEPHONE.

DETAILS OF THE JOINT BRIEFING AND TELECONFERENCE, AND THE INDIVIDUAL
TELECONFERENCES, ARE PROVIDED BELOW.

12.00 (SA TIME)            JOINT BRIEFING AND CONFERENCE
                           11:00 GMT

VENUE :                    JOHANNESBURG COUNTRY CLUB.

IF YOU WISH TO PARTICIPATE IN THE CONFERENCE CALL, PLEASE RING:
SOUTH AFRICA TOLL FREE            +0800 99 1103
UNITED KINGDOM TOLL FREE          +0500 10 16 30
EUROPE DIAL IN                    +44 181 401 1043
PASSWORD "MORILA"

INSTANT REPLAY CAN BE ACCESSED 1 HOUR AFTER THE CALL FOR 1 WEEK:

EUROPEAN/SOUTH AFRICAN DIAL IN NUMBER, +44 181 288 4459, ACCESS CODE:623 422
UK TOLL DIAL IN NUMBER, 0181 288 4459, ACCESS CODE: 623 422

UK TOLL FREE DIAL IN NUMBER, 0500 637 880, ACCESS CODE: 623 422

JOINT ANNOUNCEMENT BY ANGLOGOLD AND RANDGOLD RESOURCES
SKB/CCD/AGO139.00
5 APRIL 2000
ANGLOGOLD AND RANDGOLD RESOURCES ANNOUNCE
MORILA JOINT VENTURE IN MALI

THE BOARDS OF ANGLOGOLD LIMITED AND RANDGOLD RESOURCES LIMITED ARE PLEASED TO
ANNOUNCE THE SALE BY RANDGOLD RESOURCES OF A 50% SHARE OF ITS STAKE IN THE
MORILA GOLD MINING PROJECT IN MALI TO ANGLOGOLD FOR US$132 MILLION IN CASH.
THE TRANSACTION INVOLVES THE DISPOSAL TO ANGLOGOLD OF 50% OF RANDGOLD RESOURCES
(MORILA) LIMITED WHICH HOLDS 80% OF SOCIETE DES MINES DE MORILA SA (MORILA).
THIS WILL GIVE EACH COMPANY A 40% INDIRECT INTEREST IN THE OPERATION WITH THE
BALANCE BEING HELD BY THE MALI GOVERNMENT.  IN TERMS OF THE JOINT VENTURE
AGREEMENT, ANGLOGOLD WILL BE APPOINTED TO OPERATE THE PROJECT.

THE US$132 MILLION WILL BE FUNDED THROUGH ANGLOGOLD'S OWN RESOURCES, SUBJECT TO
SOUTH AFRICAN RESERVE BANK EXCHANGE CONTROL REGULATIONS, WITH THE BALANCE BEING
FUNDED THROUGH OFFSHORE BANK DEBT.  RANDGOLD RESOURCES WILL USE THE CASH TO
REPAY IN FULL ITS $51 MILLION BRIDGING LOAN FROM BARNEX.  THE DATE FOR THIS
REPAYMENT HAS BEEN EXTENDED FROM 31 MARCH TO 30 JUNE 2000.  IN RETURN FOR THIS
EXTENSION, RANDGOLD RESOURCES WILL PAY BARNEX A FEE OF $3 MILLION AS WELL AS
$32 802 A DAY FOR EVERY DAY THE LOAN REMAINS OUTSTANDING AFTER 30 APRIL 2000.
RANDGOLD RESOURCES CE DR MARK BRISTOW SAID THE DEAL ENABLED HIS COMPANY TO
CRYSTALLISE SOME OF ITS EXPLORATION SUCCESS.  IT WOULD SUBSTANTIALLY STRENGTHEN
RANDGOLD RESOURCES' BALANCE SHEET AND WOULD FUEL ITS PURSUIT OF NEW GROWTH
OPPORTUNITIES WHICH CURRENTLY ABOUNDED IN THE GOLD INDUSTRY.

"IN ADDITION, THE ALLIANCE WITH ANGLOGOLD AT MORILA REPRESENTS A POTENT
COMBINATION OF THEIR FORMIDABLE TECHNICAL AND OPERATIONAL EXPERTISE WITH OUR
PROVEN ABILITY TO FIND AND DEVELOP EXCEPTIONALLY GOOD PROSPECTS," HE SAID.
RANDGOLD RESOURCES ALSO OWNS AND OPERATES THE SYAMA GOLD MINE IN MALI AND HAS A
NUMBER OF ADVANCED PROJECTS AS WELL AS ACTIVE EXPLORATION PROGRAMMES THERE AND
ELSEWHERE IN WEST AFRICA.

BRISTOW SAID THE ANGLOGOLD OFFER, WHICH PUTS A $330 MILLION PRICE ON MORILA,
ACCORDED WITH RANDGOLD RESOURCES' OWN VALUATION OF THE PROJECT.  OTHER FACTORS
WHICH MADE THE BID ATTRACTIVE INCLUDED ANGLOGOLD'S RECORD OF SUCCESS AT THE
SADIOLA HILL MINE IN MALI AND ITS UNDERSTANDING OF LOCAL ISSUES AND CONDITIONS.
ANGLOGOLD CEO BOBBY GODSELL SAID: "THE HIGH GRADES, LIFE AND GEOLOGY OF THE ORE
BODY MAKE MORILA AN EXTREMELY ATTRACTIVE PROSPECT, PARTICULARLY GIVEN

ANGLOGOLD'S VERY POSITIVE CURRENT EXPERIENCE OF DOING BUSINESS IN MALI.  THE
ACQUISITION INCREASES ANGLOGOLD'S ANNUAL PRODUCTION TO 7.8 MILLION OUNCES A
YEAR AND THE PRODUCTION FROM SURFACE AND SHALLOW OPERATIONS TO 2.3 MILLION
OUNCES OR 30 % OF ANGLOGOLD'S WORLDWIDE PRODUCTION.

"THE TRANSACTION ALSO FURTHER DEMONSTRATES THIS COMPANY'S COMMITMENT TO THE
AFRICAN GOLD INDUSTRY AND TO MALI, REINFORCED DURING PRESIDENT ALPHA KONARE'S
VISIT TO SOUTH AFRICA LAST WEEK."

MORILA IS SITUATED IN SOUTHERN MALI, 180 KILOMETRES SOUTH-EAST OF BAMAKO AND
600 KILOMETRES SOUTH-EAST OF SADIOLA.  CONSTRUCTION, WHICH BEGAN IN 1999, IS
30% COMPLETE AND PRE-STRIPPING HAS STARTED.

THE RESOURCE IS ESTIMATED TO CONTAIN SOME 5.9 MILLION OUNCES OF GOLD.  HIGH
GRADE OXIDE ORE (1 MILLION TONNES CONTAINING SOME 280 000 OUNCES) WILL BE
AVAILABLE FOR FREE-DIG MINING IN THE FIRST FOUR TO FIVE YEARS AND THIS WILL
YIELD VERY HIGH GRADES (6.7 G/T).  THEREAFTER, THE SULPHIDE DEPOSIT SHOULD
PRODUCE AN AVERAGE GRADE OF 4.35 G/T.

GOLD PRODUCTION IS EXPECTED TO BE 420 000 OUNCES A YEAR FROM AN OPEN-PIT
OPERATION.  THE PARTNERS ANTICIPATE A RELATIVELY UNCOMPLICATED METALLURGICAL
PROCESS WITH A PLANT THROUGHPUT OF 250 000 TONNES A MONTH AND A 90% RECOVERY
RATE.  THE OPERATION IS EXPECTED TO HAVE AN AVERAGE CASH OPERATING COST OF $137
PER OUNCE OVER THE ASSET'S 14-YEAR LIFE.

TOTAL CAPITAL EXPENDITURE WILL BE $84.6 MILLION OF WHICH $55 MILLION HAD BEEN
SPENT BY THE END OF LAST YEAR.
QUERIES : ANGLOGOLD
IN SOUTH AFRICA
INVESTOR RELATIONS
STEVE LENAHAN
+2711 637 6248 (TEL)
+2711 637 6107 (FAX)
SLENAHAN@ANGLOGOLD.COM
IN SOUTH AFRICA
MEDIA
JAMES DUNCAN
+2711 637 6147 (TEL)
+2711 637 6399 (FAX)
+27 82 892 8052 (MOBILE)
JDUNCAN@ANGLOGOLD.COM
IN THE UK
ALEX BUCK
+44 20 7849 5630 (TEL)
+44 20 7849 6137 (FAX)
+44 7932 2740 452 (MOBILE)
ABUCK@ANGLOGOLD.COM
IN THE USA
CHARLES CARTER
800 417 9255 TOLL FREE
+1 212 750 7999 (TEL)
+1 212 750 5626 (FAX)
CCARTER@ANGLOGOLD.COM
IN AUSTRALIA
ANDREA MAXEY
+61 3 9684 4920 (TEL)
+61 3 9684 4951 FAX)
+61 411 231 393
AMAXEY@ANGLOGOLD.COM
WWW.ANGLOGOLD.COM
QUERIES : RANDGOLD RESOURCES
IN SOUTH AFRICA
CHAIRMAN
ROGER KEBBLE
+2711 837 0706 (TEL)
+27 82 444 3030(MOBILE)
CHIEF EXECUTIVE OFFICER
MARK BRISTOW
+2711 837 0706 (TEL)
+27 82 800 4293 (MOBILE)
INVESTOR/MEDIA RELATIONS
KATHY DU PLESSIS
+2711 728 4701 (TEL)
+27 83 266 5847 (MOBILE)
GOLD@DPA.CO.ZA
WWW.RANDGOLD.CO.ZA

CERTAIN OF THE STATEMENTS MADE IN THIS ANNOUNCEMENT ARE FORWARD-LOOKING IN
NATURE. BY THEIR NATURE, THE FORWARD-LOOKING STATEMENTS INVOLVE RISK AND
UNCERTAINTY BECAUSE THEY RELATE TO EVENTS AND DEPEND UPON CIRCUMSTANCES THAT
WILL OCCUR IN THE FUTURE. THESE FACTORS INCLUDE, BUT ARE NOT LIMITED TO,
STATEMENTS MADE ELSEWHERE IN THIS ANNOUNCEMENT. IN ADDITION, RISK FACTORS
RELATING TO RANDGOLD RESOURCES AND ANGLOGOLD CAN BE FOUND IN THEIR RESPECTIVE
PUBLIC SEC FILINGS. NEITHER RANDGOLD RESOURCES NOR ANGLOGOLD UNDERTAKE ANY
OBLIGATION TO PUBLICLY UPDATE ANY FORWARD-LOOKING STATEMENTS WHETHER AS A
RESULT OF NEW INFORMATION, FUTURE EVENTS OR OTHERWISE. ANY STATEMENT SHOULD BE
EVALUATED IN THE LIGHT OF THESE FACTORS.