ANG - AngloGold Ashanti - First Uranium Shareholders, Note-Holders and

ANG - AngloGold Ashanti - First Uranium Shareholders, Note-Holders and          
Debenture-Holders Approve Sale of Mine Waste Solutions to Anglogold Ashanti     
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")                                                   
FIRST URANIUM SHAREHOLDERS, NOTE-HOLDERS AND DEBENTURE-HOLDERS APPROVE SALE     
OF MINE WASTE SOLUTIONS TO ANGLOGOLD ASHANTI                                    
  Further to the announcement on 2 March 2012 relating to the proposed          
acquisition by AngloGold Ashanti of First Uranium (Pty) Ltd (South Africa)      
("FUSA"), a wholly owned subsidiary of First Uranium Corporation ("FIUC") and   
the owner of Mine Waste Solutions ("MWS") for a cash consideration of US$335    
million (the "transaction"), AngloGold Ashanti welcomes the decision taken      
today by FIUC shareholders and debt holders to approve the transaction.         
Implementation of the transaction is expected to occur before the end of the    
month subject to the remaining conditions precedent being fulfilled. The        
transaction will be funded from AngloGold Ashanti`s existing cash reserves      
and debt facilities.                                                            
  "This acquisition provides us with valuable gold and uranium production,"     
AngloGold Ashanti Chief Executive Officer Mark Cutifani said. "The deal makes   
sense in that it offers significant synergies, facilitates long-term            
rehabilitation of this area and secures long-term employment opportunities in   
South Africa."                                                                  
  MWS is a recently commissioned tailings retreatment operation located in      
South Africa`s Vaal River region and in the immediate proximity of AngloGold    
Ashanti`s own tailings facilities. AngloGold Ashanti holds a 19.8% equity       
interest in FIUC.                                                               
  Johannesburg                                                                  
  14 June 2012                                                                  
Sponsor and financial adviser: UBS                                            
  Legal Advisers: Edward Nathan Sonnenbergs                                     
  Legal Advisers as to Canadian Law: Fasken Martineau DuMoulin LLP              
  ENDS                                                                          
Contacts                                                                        
                            Tel: E-mail:                                        
Stewart Bailey (Investors)   +1 212 836 4303  /  +1 646 338 4337                
       E-mail: sbailey@anglogoldashanti.com                                     
Mike Bedford (Investors)     +27 (0) 11 637 6273  /  +27 (0) 82 3748820         
       E-mail: mbedford@anglogoldashanti.com                                    
Sabrina Brockman (Investors) +1 (212) 836-4303                                  
       E-mail: SBrockman@AngloGoldAshantiNA.com                                 
Chris Nthite (Media)         +27 (0) 11 637 6388  /  +27 (0) 83 301 2481        
       E-mail: cnthite@anglogoldashanti.com                                     
Certain statements made in this communication, including, without limitation,   
those concerning the economic outlook for the gold mining industry,             
expectations regarding gold prices, production, cash costs and other            
operating results, return on shareholders` equity, productivity improvements,   
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, capital resources and capital expenditure and the          
outcome and consequences of any potential or pending litigation or regulatory   
proceedings or environmental issues, are forward-looking statements regarding   
AngloGold Ashanti`s operations, economic performance and financial condition.   
These forward-looking statements 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 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 April 23, 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, readers 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: 14/06/2012 07:30:01 Supplied by www.sharenet.co.za                     
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