AngloGold - Positive Response to Top-Up Facility

NEWS RELEASE
Share Code: ANG
ISIN Code: ZAE000014601
Positive Response to Top-Up Facility

AngloGold has received an excellent response from Australian retail

brokers to the top-up facility announced with the release of

AngloGold's takeover documents on Wednesday 17 October 2001.

The top-up facility will allow Normandy shareholders, other than

those located in the US, who accept AngloGold's offer the opportunity
to subscribe for up to A$5,000, with a minimum subscription level of

A$2,500, of additional AngloGold shares at a 7.5% discount to market

prices.  The intention of the top-up facility is to encourage retail

investment and to further promote trading liquidity in Australia.

Given the strong interest expressed, AngloGold has decided to put in

place a mechanism to allow fair access to the top-up.  Normandy

shareholders who acquired their shareholding prior to the close of

trading on Friday 19 October will be entitled to fully participate in
the top-up facility. If all current Normandy shareholders, other than
those located in the US, elect to fully participate in the top-up

this would involve the issue of approximately 4.0 million AngloGold
shares.

The top-up facility will be subject to a maximum issue of 7.0 million
AngloGold shares, or approximately 4.3% of AngloGold's expanded

issued capital following the acquisition of Normandy and the issue of
the maximum number of AngloGold shares under the top-up. It is

AngloGold's expectation that less than the maximum number of shares
will be issued under the top-up.

Investors who acquire Normandy shares after Friday 19 October will be
entitled to participate in the top-up facility on a first come first

served basis subject to the maximum issue under the top-up of 7.0

million AngloGold shares. This will be based on the order of receipt
of valid acceptances under the takeover offer.

In order to ensure fair access for all Normandy shareholders,

AngloGold also reserves the right to deny a holder from participating
in the top-up facility if it reasonably believes that they have

acquired a nominal parcel of shares or have manipulated their holding
to take advantage of the top-up facility.

AngloGold will lodge a supplementary bidder's statement with the

Australian Securities and Investments Commission, and the full

details of the top-up facility will be included in the documents to
be despatched to shareholders.
Ends
www.anglogold.com
Queries:
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 the UK
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
In Australia
Andrea Maxey
+61 8 9425 4604 (tel)
+61 8 9625 4650 fax)
+61 438 001 393 (mobile)
amaxey@anglogold.com.au
Helpline

AngloGold has established a toll-free shareholder information line in
Australia, which can be accessed by dialling: 1800 770 019