AngloGold provides as part of this annual report, to all shareholders, condensed consolidated financial statements derived from and presented in the manner detailed below.

Basis of presentation
The condensed consolidated financial statements have been derived from the group’s consolidated financial statements as prepared in accordance with accounting principles generally accepted in the United States (“US GAAP”). US GAAP differs in certain material respects from International Financial Reporting Standards (“IFRS”). The condensed consolidated financial statements do not include notes in support of the financial information presented therein. The Group’s audited consolidated financial statements prepared in accordance with US GAAP from which the condensed consolidated financial statements have been derived, contain detailed notes prepared in accordance with US GAAP. The audited consolidated financial statements prepared in accordance with US GAAP, together with related notes, are included under Item 18 in AngloGold’s Annual Report on Form 20-F filed with the United States Securities and Exchange Commission on or about 15 March 2004. The AngloGold Annual Report on Form 20-F for the year ended 31 December 2003 as filed with the United States Securities and Exchange Commission on or about 15 March 2004 is available free of charge on EDGAR at www.sec.gov.

The condensed consolidated financial statements set forth below for each of the three years in the period ended
31 December 2003, and as at 31 December 2003 and 2002, have been derived from, and should be read in conjunction with the US GAAP financial statements included under Item 18 in AngloGold’s Annual Report on Form 20-F as filed with the United States Securities and Exchange Commission on or about 15 March 2004.

Stock split
Throughout the condensed consolidated financial statements presented herein, the number of AngloGold ordinary shares and the calculation of basic and diluted earnings (loss) per share information for AngloGold have been adjusted retroactively to reflect AngloGold’s two-for-one stock split and the issuance of a total of 278,196 AngloGold ordinary shares under AngloGold’s odd lot offer as approved at the general meeting of AngloGold’s shareholders held on 5 December 2002.