To view the PDF file, sign up for a MySharenet subscription.

ANGLOGOLD ASHANTI LIMITED - AngloGold Ashanti Announces Board Appointment

Release Date: 25/03/2014 15:00
Code(s): ANG     PDF:  
Wrap Text
AngloGold Ashanti Announces Board Appointment

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


25 March 2014


NEWS RELEASE

AngloGold Ashanti Announces Board Appointment

(JOHANNESBURG – PRESS RELEASE) -- AngloGold Ashanti is pleased to announce the
appointment of Mr David L Hodgson as an independent non-executive director to its Board of
Directors, with effect from 25 April 2014.

Mr Hodgson comes with extensive experience in the international mining sector. He held a series of
senior and executive positions during three decades with the Anglo American and De Beers group of
companies, and also held the post of Chief Operating Officer of AngloGold Ashanti from November
2001 through to his retirement in April 2005, during which time he gained an in-depth knowledge of
the company’s mining assets. In addition, Mr Hodgson has held non-executive directorships at Moto
Gold Mines Limited, Uranium One Inc, Goliath Gold Mining Limited, Auryx Gold Corporation and
Montero Mining and Exploration Limited.

Mr Hodgson holds a BSc in Civil Engineering from the University of Witwatersrand in Johannesburg,
South Africa, a BSc Mining (Honours) from the Royal School of Mines in London, and B Comm
(majors in Economics and Business Economics) from UNISA in South Africa. He also attended an
Advanced Management Programme at Harvard University in the USA.

“I’m delighted to welcome Mr Hodgson to the Board,” said Sipho Pityana, Chairman of the Board of
Directors. “His depth of operating and board experience will be a tremendous asset to our business.”


ENDS
Sponsor: UBS South Africa (Pty) Ltd

Contacts


Media

Chris Nthite                     +27 (0) 11 637 6388/+27 (0) 83 301 2481                cnthite@anglogoldashanti.com
Stewart Bailey                   +27 81 032 2563 / +27 11 637 6031                      sbailey@anglogoldashanti.com
General inquiries                                                                       media@anglogoldashanti.com

Investors

Stewart Bailey                   +27 81 032 2563 / +27 11 637 6031                      sbailey@anglogoldashanti.com
Sabrina Brockman (US & Canada)   +1 (212) 858 7702 / +1 646 379 2555                    sbrockman@anglogoldashanti.com
Fundisa Mgidi (South Africa)     +27 11 6376763 / +27 82 821 5322                       fmgidi@anglogoldashanti.com
General inquiries                                                                       investors@anglogoldashanti.




                                                                
Certain statements contained in this document, 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, cost savings and other
operating results, return on equity, productivity improvements, growth prospects and outlook of AngloGold Ashanti’s operations, individually
or in the aggregate, including the achievement of project milestones, commencement and completion 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 expenditures and the outcome and consequence of any potential or pending litigation or regulatory
proceedings or environmental, health and safety issues, are forward-looking statements 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 and 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, social and political and market conditions, the success of business and operating
initiatives, changes in the regulatory environment and other government actions, including environmental approvals and requirements,
fluctuations in gold prices and exchange rates, the outcome of pending or future litigation proceedings, and business and operational risk
management.

For a discussion of such risk factors, refer to the prospectus supplement to AngloGold Ashanti’s prospectus dated 17 July 2012 that was
filed with the United States SEC on 26 July 2013 and to our annual reports on Form 20-F and any prospectus supplement filed with the
United States SEC subsequent to the date of this notice. 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 the date of this Integrated Report 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: 25/03/2014 03:00:00 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.

Share This Story