Anglogold Ashanti Limited - News Release

Anglogold Ashanti Limited - News Release                                        
ANGLOGOLD ASHANTI LIMITED                                                       
(formerly AngloGold Limited)                                                    
(Incorporated in the Republic of South Africa)                                  
(Registration Number: 1944/017354/06)                                           
ISIN Number: ZAE000043485                                                       
News Release                                                                    
CORPORATE AFFAIRS DEPARTMENT                                                    
16TH Floor, 11 Diagonal Street, Johannesburg 2001, South Africa                 
Tel: (+27 11) 637-6261 or Fax: (+27 11) 637-6399/6400                           
SJL/CAD/AGA4.04                                                                 
26 May 2004                                                                     
GUINEA GOVERNMENT PLACES EMBARGO ON IMPORTS AND EXPORTS BY ANGLOGOLD ASHANTI"S  
SIGUIRI MINE                                                                    
The Government of Guinea has placed an embargo on all imports and exports by the
Siguiri mine, including the export of gold bullion and the import of diesel.    
Diesel fuel is urgently required in order to maintain critical pumps at the heap
leach plant, without which there is a risk of cyanide discharges and            
environmental harm.                                                             
Siguiri, located in Northern Guinea, produced 58,000 ounces of gold in the first
quarter of 2004.  AngloGold Ashanti is an 85% shareholder in the operation and  
the Government of Guinea has a  15% share.  AngloGold Ashanti is currently      
constructing a carbon in pulp plant, which will increase production by 50%.     
AngloGold Ashanti management is seeking urgent discussions with the Government  
of Guinea to discover the reasons for the embargo and, jointly with Government, 
to pursue an urgent resumption of mining activity. This is in the interests of  
all stakeholders in the Siguiri mine.                                           
AngloGold Ashanti will keep all stakeholders informed of developments.          
ends                                                                            
Queries                                                                         
South Africa                                                                    
Steve Lenahan                                                                   
Tel: +27 11 637 6248                                                            
Mobile: +27 83 308 2200                                                         
E-mail: slenahan@anglogoldashanti.com                                           
Ghana                                                                           
Kwaku Akosah-Bempah                                                             
+233 21 778 178                                                                 
+233 244 324 525                                                                
Kwaku.akosah-bempah@anglogoldashanti.com                                        
Europe & Asia                                                                   
Tomasz Nadrowski                                                                
+ 1 212 750 7999                                                                
+1 917 912 4641                                                                 
tnadrowski@anglogoldashanti.com                                                 
USA                                                                             
Charles Carter                                                                  
Toll Free 800 417 9255                                                          
+1 212 750 7999                                                                 
cecarter@anglogoldashanti.com                                                   
Australia                                                                       
Andrea Maxey                                                                    
+61 8 9425 4604                                                                 
+61 438 001 393                                                                 
amaxey@anglogoldashanti.com.au                                                  
Disclaimer                                                                      
Except for the historical information contained herein, there are matters       
discussed in this news release that are forward-looking statements. Such        
statements are only predictions and actual events or results may differ         
materially. For a discussion of important factors including, but not limited to 
development of the Company"s business, the economic outlook in the gold mining  
industry, expectations regarding gold prices and production, and other factors, 
which could cause actual results to differ materially from such forward-looking 
statements, refer to the Company"s annual report on the Form 20-F for the year  
ended 31 December 2003 which was filed with the Securities and Exchange         
Commission on 19 March 2004.                                                    
Date: 27/05/2004 08:21:31 AM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department