(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 Release20 April 2012
AngloGold Ashanti to Report Consolidated Financials in US dollars onlyAngloGold Ashanti will report its consolidated financial results in US dollars only, as of the May 10 presentation of its unaudited results for the first quarter of 2012. This change more closely aligns AngloGold Ashanti's external reporting with the increasingly global character of its portfolio (63% of Group's attributable gold production originated outside South Africa in 2011), reporting by its peer group of international gold producers and its investor presentations.
In order to smooth the transition for those that currently maintain financial models in South African rand only, a supplementary spreadsheet with rand-denominated financial results for the first quarter
2012 will be provided on the company's Web site (www.anglogoldashanti.com).
Ends
Contacts
Tel: E-mail:
Stewart Bailey (Investors) +1 212 836 4303 / +1 646 338 4337
sbailey@anglogoldashanti.com
Certain statements made in this communication, 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 announced mergers and acquisitions
transactions, AngloGold Ashanti's liquidity, capital
resources and capital expenditure and the outcome and
consequences of any litigation or regulatory proceedings or
environmental issues, contain certain forward-looking
statements regarding AngloGold Ashanti's operations, economic
performance and financial condition. Although AngloGold
Ashanti believes that the expectations reflected in such
forward-looking statements 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
2010 annual report on Form 20-F, which was filed with the
Securities and Exchange Commission in the United States on
May 31, 2011. 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. 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.
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.
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