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ANG - AngloGold Ashanti Limited - Anglogold Ashanti announces dealings in

Release Date: 15/05/2012 08:47
Code(s): ANG
Wrap Text

ANG - AngloGold Ashanti Limited - Anglogold Ashanti announces dealings in securities by directors in terms of the Anglogold share incentive scheme AngloGold Ashanti Limited Incorporated in the Republic of South Africa Registration Number: 1944/017354/06) ISIN Number:ZAE000043485 JSE Share Code: ANG ("AngloGold Ashanti/Company") DEALINGS IN SECURITIES BY DIRECTORS OF ANGLOGOLD ASHANTI LIMITED IN TERMS OF THE ANGLOGOLD SHARE INCENTIVE SCHEME In terms of JSE Listings Requirement 3.63, AngloGold Ashanti gives notice that the following directors have exercised share options, after having received clearance to do so in terms of Listings Requirement 3.66. The options were granted in terms of the AngloGold Share Incentive Scheme. The Chief Executive Officer, Mr Mark Cutifani and the Chief Financial Officer, Mr Srinivasan Venkatakrishnan have exercised 86,293 and 70,375 share options respectively and have applied all of the after-tax proceeds, net of costs, to acquire 51,692 and 42,157 ordinary shares respectively in their own names. The total ordinary shares held by Mr Cutifani and Mr Venkatakrishnan post the transaction detailed below is 61,692 and 52,508 respectively, which represents approximately 0.016% and 0.014% respectively of the total ordinary shares in issue at the date of this announcement. AngloGold Ashanti discloses the following information on the above dealings as follows: OPTIONS EXERCISED Name of director M Cutifani S Venkatakrishnan Name of company AngloGold Ashanti AngloGold Ashanti Limited Limited
Date of transaction 14 May 2012 14 May 2012 Nature of transaction Off-market exercise of Off-market exercise of share options share options Class of security Options in respect of Options in respect of ordinary shares ordinary shares Date options granted Between 2008 and 2009 Between 2007 and 2009 Date options vesting Between 2011 and 2012 Between 2010 and 2012 Number of options 86,293 70,375 Exercised Option strike price NIL NIL Value of options exercised R22,945,947.27 R18,713,233.28 SHARES SOLD TO SETTLE TAX AND SELLING COSTS Name of director M Cutifani S Venkatakrishnan Name of company AngloGold Ashanti AngloGold Ashanti Date of transaction 14 May 2012 14 May 2012 Nature of transaction On-market sale of On-market sale of shares to fund tax shares to fund tax liability in rela- liability in rela- tion of the above tion of the above options and costs options and costs
incurred in such incurred in such sale sale Class of security Ordinary shares Ordinary shares Number of shares sold 34,601 28,218 Selling price per share R265.9074 R265.9074 Value of transaction R9,200,661.95 R7,503,375.01 Extent of interest Direct, beneficial Direct, beneficial Prior clearance to deal Obtained Obtained ENDS 15 May 2012 JSE Sponsor - UBS Contacts Tel: E-mail: Alan Fine (Media) +27 11 637 6383 afine@AngloGoldAshanti.com Chris Nthite (Media) +27 (0) 11 637 6388 cnthite@anglogoldashanti.com Mike Bedford (Investor) +27 11 637 6273 mbedford@anglogoldashanti.com Stewart Bailey(Investor) +1 2128364303 sbailey@anglogoldashanti.com Certain statements made in this communication, other than statements of historical fact, including, without limitation, those concerning the economic outlook for the gold mining industry, expectations regarding gold prices, production, cash costs and other operating results, growth prospects and outlook of AngloGold Ashanti`s operations, individually or in the aggregate, including the completion and commencement of commercial operations of certain of AngloGold Ashanti`s exploration and production projects and the completion of acquisitions and dispositions, AngloGold Ashanti`s liquidity and capital resources and capital expenditure and the outcome and consequence of any potential or pending litigation or regulatory proceedings or environmental issues, are forward-looking statements or forecasts regarding AngloGold Ashanti`s operations, economic performance and financial condition. These forward-looking statements or forecasts involve known and unknown risks, uncertainties and other factors that may cause AngloGold Ashanti`s actual results, performance or achievements to differ materially from the anticipated results, performance or achievements expressed or implied in these forward-looking statements. Although AngloGold Ashanti believes that the expectations reflected in such forward- looking statements or forecasts are reasonable, no assurance can be given that such expectations will prove to have been correct. Accordingly, results could differ materially from those set out in the forward-looking statements as a result of, among other factors, changes in economic and market conditions, success of business and operating initiatives, changes in the regulatory environment and other government actions including environmental approvals and actions, fluctuations in gold prices and exchange rates, and business and operational risk management. For a discussion of certain of these and other factors, refer to AngloGold Ashanti`s annual report for the year ended 31 December 2011, which was distributed to shareholders on 4 April 2012 and the company`s 2011 annual report on Form 20-F, which was filed with the Securities and Exchange Commission in the United States on 23 April 2012. These factors are not necessarily all of the important factors that could cause AngloGold Ashanti`s actual results to differ materially from those expressed in any forward-looking statements. Other unknown or unpredictable factors could also have material adverse effects on future results. Consequently, stakeholders are cautioned not to place undue reliance on forward-looking statements. AngloGold Ashanti undertakes no obligation to update publicly or release any revisions to these forward- looking statements to reflect events or circumstances after today`s date or to reflect the occurrence of unanticipated events, except to the extent required by applicable law. All subsequent written or oral forward-looking statements attributable to AngloGold Ashanti or any person acting on its behalf are qualified by the cautionary statements herein. This communication may contain certain "Non-GAAP" financial measures. AngloGold Ashanti utilises certain Non-GAAP performance measures and ratios in managing its business. Non-GAAP financial measures should be viewed in addition to, and not as an alternative for, the reported operating results or cash flow from operations or any other measures of performance prepared in accordance with IFRS. In addition, the presentation of these measures may not be comparable to similarly titled measures other companies may use. AngloGold Ashanti posts information that is important to investors on the main page of its website at www.anglogoldashanti.com and under the "Investors" tab on the main page. This information is updated regularly. Investors should visit this website to obtain important information about AngloGold Ashanti. Date: 15/05/2012 08:47:10 Supplied by www.sharenet.co.za Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.

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