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07 March 2017

Dealing in securities by executive directors of AngloGold Ashanti Limited

Acrobat Version

In terms of JSE Listings Requirement 3.63, AngloGold Ashanti gives notice that the executive directors have dealt in ordinary shares of the Company, after having received clearance to do so in terms of JSE Listings Requirement 3.66. The transactions were pursuant to a Co-Investment Plan (CIP) for the Company’s executives.

In terms of the CIP, executives are allowed to apply up to 50% of their after tax cash bonus to purchase AngloGold Ashanti ordinary shares. The Company then matches their investment at 150% through an on-market purchase of shares, with vesting over a two-year period in two equal tranches; the first vesting date being the anniversary of the date on which the executive purchased the shares and the second vesting date being the second anniversary of the date on which the executive purchased the shares.

The executive director below opted to participate in the CIP in 2015. This being the second anniversary of the date on which the executive director purchased the shares in 2015, the Company has purchased and allocated matching shares to the executive director as detailed below:

 Name of officer  KC Ramon
 Name of company  AngloGold Ashanti Limited
 Date of transaction  6 March 2017
 Nature of transaction  On-market purchase of shares by the Company, being the allocation of the matched portion in respect of the second tranche
 Class of security  Ordinary shares
 Number of shares  2,328
 Average price of shares purchased  R136.2078
 Lowest price of shares purchased  R136.00
 Highest price of shares purchased  R136.25
 Value of transaction (excluding brokerage and other fees)  R317,091.76
 Extent of interest  Direct, Beneficial
 Prior clearance to deal  Obtained

The executive director below has opted to participate in the CIP in 2017. Details of the transaction are provided below:

 Name of director  S Venkatakrishnan
 Name of company  AngloGold Ashanti Limited
 Date of transaction  6 March 2017
 Nature of transaction  On-market purchase of shares by the executive director of up to 50% of the after tax cash bonus received for financial year 2016
 Class of security  Ordinary shares
 Number of shares  15,510
 Average price of shares purchased  R138.3705
 Lowest price of shares purchased  R138.00
 Highest price of shares purchased  R138.55
 Value of shares purchased (excluding brokerage and other fees)  R2,146,126.46
 Extent of interest  Direct, Beneficial
 Prior clearance to deal  Obtained

ENDS

7 March 2017
Johannesburg
JSE Sponsor: Deutsche Securities (SA) Proprietary Ltd


Contacts
Media Tel: Email:
Chris Nthite +27 11 6376388 / +27 83 301 2481 cnthite@anglogoldashanti.com
Stewart Bailey +27 81 032 2563 / +27 11 6376031 sbailey@anglogoldashanti.com
General inquiries   media@anglogoldashanti.com
 
Investors
Stewart Bailey +27 81 032 2563 / +27 11 6376031 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

Forward-Looking Information and Non-GAAP Financial Measures

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 2014, which was filed with the United States Securities and Exchange Commission (“SEC”). 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