Anglogold Agrees To Defer Modified Handling Fees

(Incorporated in the Republic of South Africa)
(Registration Number: 1944/017354/06)
ISIN Number: ZAE000014601
JSE Share Code: ANG
NEWS RELEASE
ANGLOGOLD AGREES TO DEFER MODIFIED HANDLING FEES

AngloGold today became aware that Newmont has made an application to the
Australian Takeovers Panel challenging AngloGold's modified broker handling
fee proposal, announced yesterday.

The challenge relates primarily to the time deadline of 11 December in
respect to the modified handling fees.  AngloGold offered the fees to the
Australian broking community in good faith and believes that they are
equitable and fully comply with Australian law.

However, in light of the Newmont challenge, AngloGold has agreed with the
Takeovers Panel that it will not make payments under the proposed

arrangements until the issues have been resolved by the Panel.  AngloGold
understands that this should occur in the next few days.
Ends
CORPORATE AFFAIRS DEPARTMENT
16th FLOOR, 11 DIAGONAL STREET
JOHANNESBURG 2001
www.anglogold.com
4 December 2001
Queries:
In Australia
Andrea Maxey
+61 8 9425 4604 (tel)
+61 8 9625 4650 fax)
+61 438 001 393 (mobile)
amaxey@anglogold.com.au
Hamish Douglass
Deutsche Bank
+61 2 9258 2039 (tel)
+61 2 9258 2440 (fax)
+61 419 560 349 (mobile)
hamish.douglass@db.com
In South Africa
Steve Lenahan
+2711 637 6248 (tel)
+2711 637 6107 (fax)
+27 83 308 2200 (mobile)
slenahan@anglogold.com
Shelagh Blackman
+2711 637-6379 (tel)
+2711 637-6399 (fax)
+27 83 308 2471 (mobile)
sblackman@anglogold.com
In Europe
Tomasz Nadrowski
+41 22 718 3312 (tel)
+41 22 718 3335 (fax)
+41 79 345 9774 (mobile)
tnadrowski@anglogold.com
Alex Buck
+44 20 7664 8712 (tel)
+44 20 7664 8711 (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