NEW CHAIRMAN FOR ANGLOGOLD

NEWS RELEASE
11 DECEMBER 2000

NICKY OPPENHEIMER HAS STEPPED DOWN AS THE CHAIRMAN OF ANGLOGOLD LIMITED.  BOBBY
GODSELL, THE CURRENT CHIEF EXECUTIVE, WILL ASSUME THE JOINT ROLE OF CHAIRMAN
AND CHIEF EXECUTIVE OFFICER.  RUSSELL EDEY, A NON-EXECUTIVE DIRECTOR OF
ANGLOGOLD SINCE ITS RESTRUCTURING, HAS BEEN ELECTED DEPUTY CHAIRMAN.

OPPENHEIMER SAID: "IT IS WITH REGRET THAT, IN THE LIGHT OF MY RESPONSIBILITIES
ELSEWHERE, I STEP DOWN AS CHAIRMAN.  IN ELECTING BOBBY AS CHAIRMAN, THE BOARD
HAS AFFIRMED ITS SUPPORT FOR THE STRATEGY DEVELOPED BY THE COMPANY'S MANAGEMENT
TEAM, AND ITS CONFIDENCE IN THE ABILITY OF THE TEAM TO IMPLEMENT THIS STRATEGY
TIMEOUSLY AND EFFECTIVELY.  RUSSELL EDEY, WHO ALREADY CHAIRS THE BOARD'S
REMUNERATION AND INVESTMENT COMMITTEES WILL, WITH BOBBY, ENSURE THAT THE BOARD
CONTINUES TO MAINTAIN HIGH STANDARDS OF CORPORATE GOVERNANCE.  I AM CONFIDENT
THAT ANGLOGOLD WILL KEEP ITS POSITION AS THE GOLD EQUITY OF CHOICE ON A GLOBAL
BASIS."

GODSELL COMMENTED:  "ANGLOGOLD'S MANAGEMENT TEAM WILL CONTINUE TO FOCUS
ATTENTION ON THE COMPANY'S EARNINGS PROFILE, MANAGING COSTS AND ENSURING STRONG
SHAREHOLDER RETURNS, INCLUDING A HEALTHY DIVIDEND."
ENDS
CORPORATE COMMUNICATIONS DEPARTMENT
1ST FLOOR, 11 DIAGONAL STREET
JOHANNESBURG 2001
TELEPHONE: (+27 11) 637-6147
FAX: (+27 11) 637 6399/6400
WWW.ANGLOGOLD.COM
QUERIES :
IN SOUTH AFRICA
INVESTOR RELATIONS
STEVE LENAHAN
+2711 637 6248 (TEL)
+2711 637 6107 (FAX)
SLENAHAN@ANGLOGOLD.COM
MEDIA
JAMES DUNCAN
+2711 637 6147 (TEL)
+2711 637 6399 (FAX)
+27 82 892 8052 (MOBILE)
JDUNCAN@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 3 9684 4920 (TEL)
+61 3 9684 4951 FAX)
+61 438 001 393 (MOBILE)
AMAXEY@ANGLOGOLD.COM.AU