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ANGLOGOLD ASHANTI LIMITED - Award of options (LTIP 2015) to Executive Directors and the Company Secretary

Release Date: 17/03/2015 08:00
Code(s): ANG     PDF:  
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Award of options (LTIP 2015) to Executive Directors and the Company Secretary

AngloGold Ashanti Limited
(Incorporated in the Republic of South Africa)
Reg. No. 1944/017354/06
ISIN. ZAE000043485 – JSE share code: ANG
CUSIP: 035128206 – NYSE share code: AU
(‘AngloGold Ashanti’ or the ‘Company’)

17 March 2015



NEWS RELEASE
AWARD OF OPTIONS (LTIP 2015) TO EXECUTIVE DIRECTORS AND THE COMPANY SECRETARY

In terms of JSE Listings Requirement 3.63 we hereby provide the following information regarding the
granting of options by the Company under the AngloGold Share Incentive Scheme to directors and
the Company Secretary.
Date of notification         :      13 March 2015
Date of grant                :      03 March 2015
Date of acceptance           :      16 March 2015

Key terms of the awards as approved by shareholders on 14 May 2014.

Long-Term Incentive Plan (LTIP)
* The Chief Executive Officer is awarded LTIP’s at 250% of his annual basic salary while the other
   executives are awarded LTIP’s at 200% of their respective annual basic salaries.
* The LTIP’s vest after three years from the date of grant, to the extent that the strict performance
   conditions, under which the awards were granted, are met.
* Performance is based on a number of financial and non-financial metrics and has over the past
   three years provided vesting at the following levels:
   - 2014 - 37.4%
   - 2013 – 37.2%
   - 2012 – 41.1%.

Clearance was obtained in terms of JSE Listings Requirement 3.66.

Strike price                                         NIL cost to participant in accordance with the
                                                     rules of the above plans
Market value per award at date of grant              R129.94
Class of security                                    Options to acquire ordinary shares
Type of interest                                     Direct beneficial

                                                                                       Total Value of
NAME                                                                LTIP
                                                                                       Awards(ZAR)
S Venkatakrishnan
                                                                 230,875                 R 29,999,898
(Executive Director)
KC Ramon
                                                                 114,637                 R 14,895,932
(Executive Director)
ME Sanz Perez
(EVP Group Legal, Commercial & Governance and                     93,435                 R 12,140,944
Company Secretary)
                                                                 438,947                 R 57,036,773


ENDS

17 March 2015
Johannesburg
JSE Sponsor: Deutsche Securities (SA) Proprietary 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


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, all-in
sustaining costs, all-in 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, dispositions or joint venture transactions, 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, 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 AngloGold
Ashanti’s annual report on Form 20-F for the year ended 31 December 2013, which was filed with the United States Securities and
Exchange Commission (“SEC”) on 14 April 2014. 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 hereof 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.

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

Date: 17/03/2015 08:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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