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ANGLOGOLD ASHANTI LIMITED - AngloGold Ashanti Completes Sales of Moab Khotsong and Kopanang Mines

Release Date: 02/03/2018 09:05
Code(s): ANG     PDF:  
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AngloGold Ashanti Completes Sales of Moab Khotsong and Kopanang Mines

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”)


2 March 2018

NEWS RELEASE
AngloGold Ashanti Completes Sales of Moab Khotsong and Kopanang Mines

(JOHANNESBURG – PRESS RELEASE) – AngloGold Ashanti is pleased to announce that
all conditions precedent have been fulfilled with respect to the sale of the Moab Khotsong Mine
and related assets and liabilities to Harmony Gold Mining Company Limited, and the separate
sale of the Kopanang Mine and related assets and liabilities to Heaven-Sent SA Sunshine
Investment Company Limited as announced on 19 October 2017. Both transactions closed on
February 28, 2018.

Gross cash proceeds from these transactions of ZAR3.574 billion have been received and
applied to reduce debt, in line with AngloGold Ashanti’s strategic commitment to continually
improve strategic and financial flexibility.

AngloGold Ashanti’s remaining South African assets include the Mponeng underground gold
mine, which is currently ramping up production from its Below 120 Level life-extension project,
and two surface operations comprising the Mine Waste Solutions tailings dump-retreatment
business and the rock dump reclamation and processing business. Together, these South
African operating units will account for about 13% of AngloGold Ashanti’s total annual
production.

ENDS

Johannesburg

JSE Sponsor: Deutsche Securities (SA) Proprietary Limited
Financial Adviser: Rand Merchant Bank, a division of FirstRand Bank Limited
Legal Adviser: ENSafrica

CONTACTS

Media
Chris Nthite                        +27 11 637 6388/+27 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                +1 646 880 4526/ +1 646 379 2555
                                sbrockman@anglogoldashanti.com
Fundisa Mgidi                   +27 11 6376763 / +27 82 821 5322
                                fmgidi@anglogoldashanti.com

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

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