AngloGold Ashanti Files Shelf Registration Statement and Announces Combined Equity Offering

Friday, March 24, 2006, AngloGold Ashanti Limited (“AngloGold Ashanti”) has today filed an automatic shelf registration statement with the United States Securities and Exchange Commission. The registration statement became effective immediately and replaces the registration statement filed by AngloGold Ashanti in December 2002. Pursuant to this, AngloGold Ashanti also announces its intention to proceed with a global offering of approximately 10.3 million AngloGold Ashanti ordinary shares. The offering will be in the form of AngloGold Ashanti ordinary shares or ADSs. The offering by AngloGold Ashanti will be combined with an offering by Anglo South Africa Capital (Proprietary) Limited, a wholly owned subsidiary of Anglo American plc (“Anglo American”), to selected investors of approximately 17.6 million AngloGold Ashanti ordinary shares, in the form of AngloGold Ashanti ordinary shares or ADSs, as announced separately by Anglo American plc today. To the extent that the combined offering is oversold, Anglo American has granted the underwriters an option to purchase up to an additional 4.2 million AngloGold Ashanti ordinary shares.

AngloGold Ashanti intends to use the proceeds of its offering for project development, capital expenditure and other general corporate purposes. Pending such use, AngloGold Ashanti intends to reduce its short-term borrowings and borrowings under its existing revolving credit facility. Goldman, Sachs & Co. and UBS Investment Bank are acting as joint global coordinators and joint bookrunners for the combined offering and BMO Nesbitt Burns and J.P. Morgan Securities will act as co-managers for the combined offering. A prospectus relating to the combined offering may be obtained free of charge from the United States Securities and Exchange Commission’s web site at www.sec.gov. Copies of the prospectus, when available, may be obtained from the offices of Goldman, Sachs & Co., 85 Broad Street, New York, New York 10004, telephone: 1-866-471-2526 and from UBS Securities LLC, 1285 Avenue of the Americas, New York, New York 10019-6028, telephone: 1-888-827-7275.

AngloGold Ashanti is a global gold company with a diversified portfolio of assets in key gold producing regions and operations in ten countries on four continents. The ordinary shares of AngloGold Ashanti are listed on the JSE Limited under the symbol “ANG”, the NYSE in the form of ADSs, each representing one ordinary share, under the symbol “AU”, the London Stock Exchange under the symbol “AGD”, Euronext Paris under the symbol “VA”, the Australian Stock Exchange in the form of CHESS depositary interests, each representing one-fifth of an ordinary share, under the symbol “AGG”, the Ghana stock exchange under the symbol “AGA” and in the form of Ghanaian Depositary Shares under the symbol “AADS” and Euronext Brussels in the form of unsponsored international depositary receipts under the symbol “ANG”. The principal executive office of AngloGold Ashanti Limited is located at 11 Diagonal Street, Johannesburg, 2001 (P.O. Box 62117, Marshalltown, 2107), South Africa, telephone number +27 11 637-6000.

Disclaimer

Except for historical information contained herein, there are matters discussed in this news release that are forward-looking statements. Such statements are only predictions and actual events or results may differ materially. For discussion of important factors including, but not limited to development of the Company’s business the economic outlook in the gold mining industry, expectations regarding gold prices and production, and other factors, which could cause actual results to differ materially from such forward-looking statements, refer to the Company’s annual report on the Form 20-F for the year ended 31 December 2004 which is filed with the Securities and Exchange Commission on 14 July 2005. This announcement does not constitute an offer of any securities for sale.

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Andrea Maxey

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AngloGold Ashanti Limited

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