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16 May 2017

Results of the 73rd annual general meeting of shareholders

Acrobat Version

AngloGold Ashanti shareholders are advised that at the annual general meeting of shareholders of the Company held on Tuesday, 16 May 2017 (“Annual General Meeting”) all the ordinary and special resolutions, as set out in the 2016 Notice of Annual General Meeting and summarised financial information for the year ended 31 December 2016, were passed by the requisite majority of votes of shareholders present in person or represented by proxy.

The total number of shares voted in person or by proxy at the Annual General Meeting was 308,143,274 shares representing 75.34% of AngloGold Ashanti’s issued share capital as at Friday, 5 May 2017, being the Voting Record Date.

The voting results were as follows:

1. Ordinary resolution 1 - Re-election of directors

  Total shares voted Shares abstained
Directors For (%) Against (%) Number %(1) %(1)
1.1 Mr SM Pityana 99.12 0.88 306,871,282 75.03 0.31
1.2 Mr RJ Ruston 99.97 0.03 306,955,569 75.05 0.29
1.3 Ms MDC Richer 99.97 0.03 306,953,050 75.05 0.29

2. Ordinary resolution 2 - Election of a director

  Total shares voted Shares abstained
Director For (%) Against (%) Number %(1) %(1)
Mrs SV Zilwa 99.83 0.17 306,950,570 75.05 0.29

3. Ordinary resolution 3 - Reappointment and appointment of Audit and Risk Committee members

  Total shares voted Shares abstained
Directors For (%) Against (%) Number %(1) %(1)
3.1 Mrs R Gasant 99.98 0.02 306,951,197 75.05 0.29
3.2 Mr MJ Kirkwood 99.98 0.02 306,951,370 75.05 0.29
3.3 Mr RJ Ruston 99.98 0.02 306,951,529 75.05 0.29
3.4 Mr AH Garner 99.98 0.02 306,951,469 75.05 0.29
3.5 Ms MDC Richter 99.98 0.02 306,952,288 75.05 0.29
3.6 Mrs SV Zilwa 99.98 0.02 306,952,035 75.05 0.29

4. Ordinary resolution 4 - Reappointment of Ernst & Young Inc. as auditors of the Company

Total shares voted Shares abstained
For (%) Against (%) Number %(1) %(1)
90.56 9.44 306,963,593 75.05 0.29

5. Ordinary resolution 5 - General authority to directors to allot and issue ordinary shares

Total shares voted Shares abstained
For (%) Against (%) Number %(1) %(1)
95.61 4.39 306,954,555 75.05 0.29

6. Ordinary resolution 6 - Non-binding advisory endorsement of the AngloGold Ashanti remuneration policy

Total shares voted Shares abstained
For (%) Against (%) Number %(1) %(1)
98.23 1.77 305,669,560 74.74 0.60

7. Special resolution 1 - Remuneration of non-executive directors

Total shares voted Shares abstained
For (%) Against (%) Number %(1) %(1)
98.31 1.69 306,933,490 75.04 0.30

8. Special resolution 2 - General authority to acquire the Company’s own shares

Total shares voted Shares abstained
For (%) Against (%) Number %(1) %(1)
99.84 0.16 306,701,672 74.99 0.30

9. Special resolution 3 - Approval of the AngloGold Ashanti Limited Deferred Share Plan (“DSP”)

Total shares voted Shares abstained
For (%) Against (%) Number %(1) %(1)
97.78 2.22 306,924,280 75.04 0.30

10. Special resolution 4 - Authority to issue ordinary shares pursuant to the DSP

Total shares voted Shares abstained
For (%) Against (%) Number %(1) %(1)
97.60 2.40 306,948,904 75.05 0.29

11. Special resolution 5 - General authority to directors to issue for cash, those ordinary shares which the directors are authorised to allot and issue in terms of ordinary resolution 5

Total shares voted Shares abstained
For (%) Against (%) Number %(1) %(1)
94.17 5.83 306,932,191 75.04 0.30

12. Special resolution 6 - General authority to provide financial assistance in terms of Sections 44 and 45 of the Companies Act

Total shares voted Shares abstained
For (%) Against (%) Number %(1) %(1)
98.45 1.55 306,932,006 75.04 0.30

13. Special resolution 7 - Amendment of the Company’s Memorandum of Incorporation

Total shares voted Shares abstained
For (%) Against (%) Number %(1) %(1)
99.93 0.07 306,933,809 75.04 0.30

Special resolution 7 will be filed with the Companies and Intellectual Property Commission in accordance with the requirements of the Companies Act, No. 71 of 2008.

14. Ordinary resolution 7 - Directors’ authority to implement special and ordinary resolutions

Total shares voted Shares abstained
For (%) Against (%) Number %(1) %(1)
99.95 0.05 306,945,629 75.05 0.29

(1)Expressed as a percentage of 409,004,371 AngloGold Ashanti ordinary shares in issue as at Friday, 5 May 2017, being the Voting Record Date.

ENDS

16 May 2017
Johannesburg

JSE Sponsor: Deutsche Securities (SA) Proprietary Limited

CONTACTS:
Media

Stewart Bailey +27 81 032 2563/+27 11 637 6031   sbailey@anglogoldashanti.com
Chris Nthite +27 11 637 6388/+27 83 301 2481   cnthite@anglogoldashanti.com

Investors
Stewart Bailey +27 81 032 2563/+27 11 637 6031   sbailey@anglogoldashanti.com
Fundisa Mgidi +27 11 637 6763/+27 82 821 5322   fmgidi@anglogoldashanti.com
Sabrina Brockman +1 646 880 4526/ +1 646 379 2555   sbrockman@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 2016 , 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