Dealing in securities by an Executive Director of AngloGold Ashanti Limited 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 JSE Bond Company Code - BIANG (“AngloGold Ashanti” or the “Company”) 11 May 2018 NEWS RELEASE DEALING IN SECURITIES BY AN EXECUTIVE DIRECTOR OF ANGLOGOLD ASHANTI LIMITED In terms of JSE Listings Requirement 3.63, AngloGold Ashanti gives notice that an executive director has dealt in ordinary shares of the Company, after having received clearance to do so in terms of JSE Listings Requirement 3.66. The resignation of AngloGold Ashanti Chief Executive Officer Mr Srinivasan Venkatakrishnan was announced on 16 April 2018, as well as his intention to remain in his role until 30 August 2018. In terms of the rules of the AngloGold Ashanti share incentive plans, all share awards granted to an employee lapse if not exercised by the date of the employee’s departure from the company. During 2014 and 2015, Mr Venkatakrishnan opted to convert his 2013 cash retention bonus and 2014 Bonus Share Plan cash bonus on a pre-tax basis into AngloGold Ashanti shares which resulted in the conversion of 118,428 AngloGold Ashanti shares. These shares were restricted until retirement, or resignation, or termination of employment, or any corporate activity resulting in a change of control or death, whichever came first (“the Restricted Shares”). As Mr Venkatakrishnan has now resigned the restriction has been lifted and he is able to take ownership of the Restricted Shares. A portion of the Restricted Shares has been sold to cover the tax liability as detailed below. In advance of his scheduled departure from AngloGold Ashanti, Mr Venkatakrishnan has, therefore, opted to: - exercise all categories of vested share awards granted to him since 2010 (“Vested Share Awards”) (499,469 AngloGold Ashanti shares); and - sell sufficient AngloGold Ashanti shares to cover his tax costs in respect of the exercise of the Vested Share Awards and the Restricted Shares (279,073 AngloGold Ashanti shares) Exercise of Vested Share Awards Name of executive director S Venkatakrishnan Name of company AngloGold Ashanti Limited Date of transaction 10 May 2018 Nature of transaction Off market exercise of Vested Share Awards Class of security Ordinary shares Number of shares exercised 499,469 Exercise price per share R110.6729 Value of transaction R55,277,682.6901 Extent of interest Direct beneficial Prior clearance to deal Obtained 1 Related taxes have been paid by the Executive Director by selling a portion of the shares as detailed below: Sale of shares to settle tax costs Name of executive director S Venkatakrishnan Name of company AngloGold Ashanti Limited Date of transaction 10 May 2018 Nature of transaction On-market sale of shares to fund tax liability in relation to costs incurred in the exercise of the Vested Share Awards and the Restricted Shares Class of security Ordinary shares Number of shares sold 279,073 Average price of shares sold R110.5862 Lowest price of shares sold R109.5500 Highest price of shares sold R112.0000 Value of transaction (excluding R30,861,622.5926 brokerage and other fees) Extent of interest Direct, beneficial Prior clearance to deal Obtained The net impact resulting from the transactions above is that Mr Venkatakrishnan will retain 463,203 AngloGold Ashanti shares (including the balance of the Restricted Shares after the disposal to settle the relevant tax costs and AngloGold Ashanti shares held in his personal portfolio), which he will continue to own as an investment. Mr Venkatakrishnan will forfeit all share awards that have not yet vested. ENDS 11 May 2018 Johannesburg JSE Sponsor: Deutsche Securities (SA) Proprietary Ltd Investor and Media Contacts Stewart Bailey +27 81 032 2563 / +27 11 637 6031 sbailey@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 Date: 11/05/2018 05:10:00 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.