Anglogold Ld Intended Delisting & Cancellation of Securities from LSE

 
TIDMAGD 
 
AngloGold Ashanti Limited 
 
                                 (Incorporated in the Republic of South Africa) 
 
                                                       Reg. No. 1944/017354/06) 
 
                                   ISIN No. ZAE000043485 - JSE share code: ANG 
 
                                        CUSIP: 035128206 - NYSE share code: AU 
 
18 August 2014 
 
NEWS RELEASE 
 
Intended Delisting and Cancellation of Securities from the London Stock 
Exchange 
 
(JOHANNESBURG) AngloGold Ashanti Limited ("AngloGold" or "the Company") 
announces that its board of directors has resolved to request the cancellation 
of the listing of the Company's ordinary shares and depositary interests of ZAR 
0.25 each (ISIN: ZAE000043485) (together, the "Securities") on the Official 
List of the UK Listing Authority and the cancellation of the admission to 
trading of the Securities on the Main Market of the London Stock Exchange plc 
(the "LSE"). 
 
In connection with the proposed delisting, the board of AngloGold has also 
resolved to terminate the Company's UK depositary interest programme. This 
programme was established in 2012 to facilitate trading of the Company's shares 
on the LSE. 
 
Reasons for the delisting 
 
AngloGold has decided to apply for the voluntary delisting of its Securities 
because of the lack of liquidity on the LSE and the minimum number of 
Securities held in the UK. The vast majority of trading in AngloGold stock 
takes place through the Johannesburg Stock Exchange (the "JSE") and New York 
Stock Exchange (the "NYSE"), and AngloGold has further listings on the Ghana 
Stock Exchange (the "GhSE") and Australian Securities Exchange (the "ASX"). 
AngloGold wishes to streamline its administrative procedures and reduce costs 
arising from listings on multiple stock exchanges. 
 
As the volume of trading on the Securities on the LSE is low and the Company's 
shares will continue to be traded on the JSE, the NYSE, the GhSE and the ASX, 
AngloGold believes the impact on its shareholders of delisting from the LSE 
will be minimal. During the past five years, for similar reasons, the Company 
has also cancelled its respective listings in Brussels and Paris. 
 
Effect of the delisting and termination of the depositary interest programme 
 
It is intended that on 22 September 2014 (the "Effective Date"), the Securities 
will cease to be admitted to the Official List of the UK Listing Authority and 
cease to be admitted to trading on the Main Market of the LSE. Holders of 
Securities which are admitted to trading on the LSE ("UK Shareholders") will be 
able to continue to deal as usual in the Company's Securities on the LSE until 
19 September 2014. From and including the Effective Date, UK Shareholders will 
no longer be able to trade their Securities on the LSE. 
 
AngloGold has directed Computershare Investor Services PLC ("Computershare"), 
as depositary, to terminate AngloGold's depositary interest programme with 
effect from 15 October 2014 (the "DI Programme Termination Date"). 
Consequently, and in accordance with the terms of the depositary interest trust 
deed, Computershare will provide 30 days' notice of termination to all 
depositary interest holders. 
 
As set out above, depositary interest holders will be able to trade their 
depositary interests on the LSE up to and including 19 September 2014. From and 
including the Effective Date, holders of depositary interests will no longer be 
able to trade their depositary interests on the LSE. 
 
Prior to the DI Programme Termination Date, any depositary interest holder may 
direct their broker to complete a CREST Stock Withdrawal Form, in order for 
their holding to be replaced with the equivalent number of fully paid ordinary 
shares in the Company and transferred to the Company's Jersey register. 
 
Any depositary interests remaining on the Company's UK depositary interest 
register as at the DI Programme Termination Date will be cancelled and replaced 
on or shortly after the DI Programme Termination Date with the equivalent 
number of fully paid ordinary shares in the Company and the holders of such 
shares will be entered onto the Company's Jersey register. 
 
It is the intention of the Company that the Jersey register will remain in 
place for approximately 12 months after the Effective Date. All holders of 
ordinary shares held on the Company's Jersey register as at the Effective Date, 
together with previous holders of depositary interests whose depositary 
interests have been replaced after the Effective Date with shares of the 
Company in certificated form, will remain on the Jersey register after the 
delisting. For further information regarding the Jersey register, please 
contact Computershare at the address or on the telephone number below. 
 
Shareholders on the Jersey register after the Effective Date will be able to 
trade their shares on any of the stock exchanges on which the Company is 
listed, however, the most liquid exchanges for the Company's stock are the JSE 
and the NYSE. 
 
  * Shareholders on the Jersey register who wish to trade their shares on the 
    JSE will be required to dematerialise their shareholding. For further 
    information on the steps that need to be taken to trade on the JSE, please 
    contact the Company's South African Transfer Secretaries, Computershare 
    Investor Services (Pty) Limited at the address or telephone number below. 
 
  * Shareholders on the Jersey register who wish to trade their shares on the 
    NYSE will be required to convert their shareholding to ADRs. For further 
    information on the steps that need to be taken to trade on the NYSE, please 
    contact AngloGold's Depository Bank, Bank of New York Mellon at the address 
    or telephone number below. 
 
  * Shareholders on the Jersey register who wish to trade their shares on the 
    GhSE or the ASX should speak to their broker. 
 
The Company is aware that, until the close of business on 19 September 2014, 
Redmayne-Bentley Stockbrokers is willing to provide a sale only dealing service 
(on the LSE) to UK resident individuals holding certificated shares on the 
Jersey register, subject to their normal terms and conditions and market 
availability. Following the delisting and cancellation of trading on the LSE, 
Redmayne-Bentley Stockbrokers may be able to assist UK resident individuals 
holding certificated shares on the Jersey register with dematerialising their 
shareholding to allow such shareholders to trade (sale only) on the JSE. Any 
shareholder who is interested in utilising either service should contact 
Matthew Burke or Colin Day of Redmayne-Bentley Stockbrokers either by telephone 
on 01132006400 or by email at [e-mail]. 
 
All holders of shares held on the Company's Jersey register on the date on 
which the Jersey register is closed will then be migrated to the Company's 
shareholder register in South Africa and such shares will be listed on the JSE. 
 
Expected delisting timetable 
 
Application has been made to the UK Listing Authority for the Securities to be 
removed from the Official List, and to the LSE for the Securities to be removed 
from trading. The last day of dealings in the Securities on the LSE is expected 
to be 19 September 2014. The cancellation of the listing and of trading in the 
Securities on the LSE is expected to take effect at or about 08:00 on 22 
September 2014. 
 
ENDS 
 
Sponsor to AngloGold Ashanti 
 
UBS South Africa (Pty) Limited 
 
Contact details for enquiries relating to this announcement 
 
AngloGold Ashanti Limited 
Stewart Bailey 
Senior Vice President: Investor Relations 
Tel [phone] 
 
South African Transfer Secretaries 
Computershare Investor Services (Pty) Limited 
(Registration number 2004/003647/07) 
70 Marshall Street 
Johannesburg 2001 
South Africa 
(P O Box 61051, Marshalltown 2107, South Africa) 
Tel [phone] 
 
E-mail: [e-mail] 
 
Computershare Investor Services PLC 
PO Box 82 
The Pavilions 
Bridgwater Road 
Bristol BS99 7NH 
England 
Telephone: [phone] 
Fax: [phone] 
 
ADR Depositary 
The Bank of New York 
Investor Services, P O Box 11258 
Church Street Station 
New York, NY 10286-1258 
United States of America 
Telephone: [phone] (Toll free in USA) or [phone] (outside USA) 
E-mail: [e-mail] 
 
 
GENERAL ENQUIRIES 
 
Media 
 
Chris Nthite            [phone]/  [e-mail] 
                        [phone] 
 
Stewart Bailey          [phone] /     [e-mail] 
                        [phone] 
 
General inquiries       [e-mail] 
 
Investors 
 
Stewart Bailey          [phone] /     [e-mail] 
                        [phone] 
 
Sabrina Brockman        [phone] /   [e-mail] 
(US & Canada)           [phone] 
 
Fundisa Mgidi           [phone] /     [e-mail] 
(South Africa)          [phone] 
 
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, 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 and 
dispositions, AngloGold Ashanti's liquidity and capital resources and capital 
expenditures and the outcome and consequences 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 2013 which was filed with the United States Securities and 
Exchange Commission ("SEC") on 14 April 2014. 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 No. ZAE000043485 - JSE share code: ANG CUSIP: 035128206 - NYSE share code: AU 
 
Website: www.anglogoldashanti.com 
 
 
 
END