Report to Society

Report of the independent assurers

To the Board of Directors and Management of AngloGold Ashanti Limited

Introduction:

We have been engaged by AngloGold Ashanti Limited (AngloGold Ashanti) to conduct an assurance engagement on selected subject matter reported in AngloGold Ashanti’s Report to Society 2008, for the purposes of expressing a statement of independent assurance, for the year ended 31 December 2008. The assurance report applies only to the hard copy publication of the Report.

The following subject matter reported in the Report to Society was selected for an expression of reasonable assurance:

Community:

Total amount of corporate social investment (CSI) spend in US$

The following subject matter reported in the Report to Society was selected for an expression of reasonable assurance:

Economic performance:

Ethics and governance:

Safety and health:

Regional health:

HIV & AIDS – South African

Malaria – African operations:

Human resources:

Environment:

Community:

GRI application:

Directors’ responsibility

AngloGold Ashanti’s directors are responsible for the preparation and presentation of the identified selected subject matter in accordance with internal corporate policies and procedures, and the Global Reporting Initiative’s (GRI) new generation (G3) guidelines.

Responsibility of the independent assurers

Our responsibility is to express to the directors an opinion on the selected subject matter contained in the Report, for the year ended 31 December 2008, based on our assurance engagement.

Work performed

We conducted our engagement in accordance with the International Standards for Assurance Engagements 3000, “Assurance Engagements other than audits or reviews of historical financial information” (ISAE 3000) issued by the International Auditing and Assurance Standards Board. This standard requires that we comply with ethical requirements and plan and perform the assurance engagement to obtain assurance on the selected subject matter as per our terms of engagement.

AngloGold Ashanti’s internal corporate policies and procedures were used as criteria to evaluate the selected subject matter. In terms of evaluating the ‘A+’ application level, the specific application level criteria as stipulated by the GRI new generation (G3) guidelines, have been used.

  • obtaining an understanding of the systems used to generate, aggregate and report data at selected sites and business units in South Africa, the Obuasi and Iduapriem operations in Ghana, and the Geita operation in Tanzania;
  • conducting interviews with management at the sampled operations and at Head Office;
  • applying the assurance criteria in evaluating the data generation and reporting processes;
  • performing key controls testing for reasonable assurance;
  • testing the accuracy of data reported on a sample basis for reasonable assurance;
  • reviewing the consistency between the subject matter and related statements in AngloGold Ashanti’s Report to Society; and
  • reviewing the validity of AngloGold Ashanti’s self-declaration of the GRI (G3) Application Level in the Report.

Inherent limitations

Non-financial data is subject to more inherent limitations than financial data, given both the nature and the methods used for determining, calculating, sampling or estimating such data. We have not carried out any work on data reported for prior reporting periods, nor in respect of future projections and targets. We have not conducted any work outside of the agreed scope and therefore restrict our opinion to the agreed subject matter.

Conclusion Reasonable Assurance

On the basis of our reasonable assurance procedures, the subject matter selected for assurance for the year ended 31 December 2008, is free from material mis-statements.

PricewaterhouseCoopers Inc.
Director: Carmen Le Grange
Registered Auditor
Johannesburg
9 March 2009

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ANGLOGOLD ASHANTI Report to Society 2008