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
News Release
28 June 2012
ANGLOGOLD ASHANTI COMPLETES ACQUISITION OF REMAINING 50% INTEREST IN SERRA GRANDE
Further to the announcement of 29 May 2012, AngloGold Ashanti is pleased to
announce that the acquisition of Kinross Gold Corporation's 50% interest in the
Serra Grande (Crixás) mine in Brazil, for a cash consideration of US$220
million, has been completed and AngloGold Ashanti owns 100% of Serra Grande.
Johannesburg
Primary Legal Advisers: Slaughter and May
Sponsor: UBS South Africa (Pty) Limited
ENDS
__________________________________________________________________________________________________________________
Contacts
Tel: E-mail:
Alan Fine +27 (0) 11 / +27 (0) 83 250 afine@anglogoldashanti.com
(Media) 637- 6383 0757
Chris Nthite +27 (0) 11 637 / +27 (0) 83 301 cnthite@anglogoldashanti.com
(Media) 6388 2481
Mike Bedford +27 (0) 11 637 / +27 (0) 82 mbedford@anglogoldashanti.com
(Investors) 6273 3748820
Stewart Bailey +1 212 836 / +1 646 338 sbailey@anglogoldashanti.com
(Investors) 4303 4337
Sabrina +1 (212)
SBrockman@AngloGoldAshantiNA.com
Brockman 836-4303
(Investors)
Certain statements made in this communication, 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 and other operating results, growth prospects and
outlook of AngloGold Ashanti's operations, individually or in the aggregate,
including the completion and commencement 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 expenditure and the outcome and consequence of any
potential or pending litigation or regulatory proceedings or environmental
issues, are forward-looking statements or forecasts 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 or 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 and market conditions, success of business and operating
initiatives, changes in the regulatory environment and other government actions
including environmental approvals and actions, fluctuations in gold prices and
exchange rates, and business and operational risk management. For a discussion
of certain of these and other factors, refer to AngloGold Ashanti's annual
report for the year ended 31 December 2011, which was distributed to
shareholders on 4 April 2012 and the company's 2011 annual report on Form 20-F,
which was filed with the Securities and Exchange Commission in the United
States on 23 April 2012. 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, stakeholders 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 today's date 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.