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ANGLOGOLD ASHANTI LIMITED - Intention to commence a cash tender offer for convertible bonds due in 2014

Release Date: 24/07/2013 15:00
Code(s): ANG     PDF:  
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Intention to commence a cash tender offer for convertible bonds due in 2014

AngloGold Ashanti Limited
(Incorporated in the Republic of South Africa \ Reg. No. 1944/017354/06)
ISIN No. ZAE000043485 – JSE share code: ANG \ CUSIP: 035128206 – NYSE share code: AU
Website: www.anglogoldashanti.com


News Release

24 July 2013

AngloGold Ashanti Holdings plc Announces its Intention to Commence a Cash Tender Offer
for Any and All of the 3.50% Guaranteed Convertible Bonds Due 2014 of
AngloGold Ashanti Holdings Finance plc

AngloGold Ashanti Holdings plc (the “Company”) today announced its intention to commence a cash
tender offer to purchase any and all of the outstanding 3.50% Guaranteed Convertible Bonds Due
2014 (CUSIP/ISIN Nos. 03512QAA5/US03512QAA58 and G03791AA1/ XS0430548056) (the
“Bonds”) of AngloGold Ashanti Holdings Finance plc at a purchase price of $1,015 for each $1,000
principal amount of Bonds validly tendered. In addition, holders will receive, in respect of their Bonds
that are accepted for purchase, accrued and unpaid interest on such Bonds up to, but excluding, the
settlement date of the tender offer. Completion of the tender offer will be conditioned upon, among
other things, the completion of one or more financing transactions, including the Company’s
separately announced offering of notes, that result in net proceeds to the Company in an amount that
is no less than the amount required to purchase all of the Bonds tendered pursuant to the tender offer
on terms reasonably satisfactory to the Company. The tender offer will not be subject to any minimum
tender condition.

Title of Security         ISIN                    CUSIP           Principal Amount       Purchase
                                                                  Outstanding            Price(1)
 3.50% Guaranteed         US03512QAA58/           03512QAA5/      U.S.$732,500,000       U.S.$1,015
 Convertible Bonds        XS0430548056            G03791AA1
 due 2014

(1) Per U.S.$1,000 in principal amount of Bonds accepted for purchase.
 As of July 24, 2013, there was $732,500,000 aggregate principal amount of Bonds outstanding. The
 tender offer will be subject to the terms and conditions described in the offer to purchase and other
 related documents that will be distributed to holders and filed with the Securities and Exchange
 Commission.


Forward Looking Statements
This announcement is for information purposes only and shall not constitute an offer to
purchase, a solicitation of an offer to purchase, or a solicitation of an offer to sell securities
nor an offer to sell or solicitation of an offer to purchase new securities. The tender offer may
be made only pursuant to the terms and conditions of the offer to purchase and the other
related materials. A tender offer statement on Schedule TO, including the offer to purchase,
describing the tender offer will be filed with the Securities and Exchange Commission.
Holders of the Bonds must read the Schedule TO and its exhibits (including the offer to
purchase) carefully before making any decision with respect to the tender offer because it
contains important information. The Schedule TO, the offer to purchase and other related
materials will be available free of charge at the website of the Securities and Exchange
Commission at www.sec.gov. In addition, the Company will provide copies of the Schedule
TO and related Offer materials upon request free of charge to holders of the Bonds.


JSE Sponsor: UBS South Africa (Pty) Limited


_________________________________________________________________________________________________________________
 Contacts
Media                            Tel:                                                   E-mail:
Alan Fine                        +27-11 637- 6383 / +27 (0) 83 250 0757                 afine@anglogoldashanti.com
Chris Nthite                     +27 (0) 11 637 6388/+27 (0) 83 301 2481                cnthite@anglogoldashanti.com
Stewart Bailey                   +1 646 338 4337/ +1 212 858-7702 / +27 83 253 2021     sbailey@anglogoldashanti.com
General inquiries                                                                       media@anglogoldashanti.com

Investors
Stewart Bailey                   +1 646 338 4337/ +1 212 858-7702 / +27 83 253 2021     sbailey@anglogoldashanti.com
Sabrina Brockman (US & Canada)   +1 212 858 7702 / +1 646 379 2555                      sbrockman@anglogoldashanti.com
Mike Bedford (UK & Europe)       +44 779 497 7881 / +44 1225 93 8483                    mbedford@anglogoldashanti.com
General inquiries                                                                       investors@anglogoldashanti.com




 Certain statements contained in this news release, 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, return on equity,
 productivity improvements, growth prospects and outlook of the Company and its affiliates’
 operations, individually or in the aggregate, including the achievement of project milestones, the
 completion and commencement of commercial operations of certain of the Company and its affiliates’
 exploration and production projects and the completion of acquisitions and dispositions, the Company
 and its affiliates’ liquidity and capital resources, the results of financing transactions and capital
 expenditures and the outcome and consequence of any potential or pending litigation or regulatory
 proceedings or environmental issues, are forward-looking statements regarding the Company and its
 affiliates’ operations, economic performance and financial condition.

 These forward-looking statements or forecasts involve known and unknown risks, uncertainties and
 other factors that may cause the Company and its affiliates’ actual results, performance or
 achievements to differ materially from the anticipated results, performance or achievements
 expressed or implied in these forward-looking statements. Although the Company and its affiliates
 believe 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
 and forecasts could differ materially from those set out in the forward-looking statements as a result
 of among other factors, changes in economic, social and political and market conditions, success of
 business and operating initiative, changes in the regulatory environment and other government
 actions, including environmental approval, fluctuations in gold prices and exchange rates, the
 outcome of pending or future litigation proceedings and business and operational risk management
 and other factors as determined in “Risk factors” in the Company’s Preliminary Prospectus
 Supplement filed with the SEC on July 15, 2013. These factors are not necessarily all of the
 important factors that could cause the Company or its affiliates’ 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.

 Neither the Company nor any of its affiliates undertake any obligation to update publicly or release
 any revisions to these forward-looking statements to events or circumstances after the date of the
 offer to purchase 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 the Company
 or its affiliates or any person acting on its behalf are qualified by the cautionary statements herein.

Date: 24/07/2013 03:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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 information disseminated through SENS.

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