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OFFER TERMS
AngloGold?s wholly owned subsidiary, AngloGold Investments
Australia Pty Ltd, is offering to acquire all of your shares in Acacia in
exchange for shares in AngloGold. The offer price is 3.5 AngloGold
shares for every 100 Acacia shares you hold.
If you accept our offer, you will be allotted AngloGold shares and sent
a cheque for any fractional entitlement. Shareholders who would be
allotted five or less AngloGold shares will be paid in cash.
No brokerage or stamp duty is payable by shareholders who accept
the offer.
CONDITIONS OF THE OFFER
The offer is not subject to any conditions.
CLOSING DATE
The offer closes at 7.00pm Melbourne Time on 17 December 1999,
unless extended.
HOW TO ACCEPT THE OFFER
If your shares are held on an issuer sponsored sub-register, complete
the enclosed acceptance form and mail it in the enclosed reply paid
envelope to:
AngloGold Investments Australia Pty Ltd
C/o Computershare Registry Services Pty Limited
GPO Box 2975EE
Melbourne VIC 3001
or hand deliver it to:
AngloGold Investments Australia Pty Ltd
C/o Computershare Registry Services Pty Limited
Level 12
565 Bourke Street
Melbourne VIC 3000
If your shares are held on a CHESS sub-register, contact your
stockbroker to arrange acceptance.
If you have any queries regarding acceptance of the offer, please
contact AngloGold?s toll free shareholder information line on
1800 083 131.
ISSUING OF ANGLOGOLD SHARES
AngloGold shares will be issued within 3 business days following
receipt of your acceptance.
CHESS Depository Nominees Pty Ltd will be registered as the legal
owner of your AngloGold shares, and you will be issued CHESS
Units of Foreign Securities (CUFS), representing your beneficial
interest in the shares. This will allow your AngloGold shares to be
cleared and settled electronically in CHESS, avoiding the need for
share certificates. CUFS can be traded on the ASX, just like
normal shares. See section 3.11 of the Part A Statement for
more information relating to CUFS.
An AngloGold CUFS holding statement will be posted to you
following issue of your AngloGold shares.
LOW BROKERAGE FACILITY
Deutsche Bank will provide a low brokerage facility to minimise
transaction costs for Acacia shareholders who accept the offer and
wish to sell their AngloGold shares.
Deutsche Bank will charge a flat brokerage commission of 1.0%. The
low brokerage facility will be available until 2 months after the offer
closes. Shareholders remain responsible for any stamp duties payable.
If you wish to use the low brokerage facility to sell your AngloGold
shares, tick the ?Yes? box on the acceptance form under the heading
?Low Brokerage Share Sale Facility? and Deutsche Bank will arrange
their sale.
For further information on this facility, see clause 9 of the offer and
section 3.12 of the Part A Statement or contact AngloGold?s
shareholder information line on 1800 083 131.
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