ANGLOGOLD ASHANTI : ANNOUNCES SATISFACTION OF THE CONDITIONS FOR THE REDEMPTION OF ALL OF ITS OUTSTANDING 8.500% NOTES DUE 2020

Douglas, Isle of Man

AngloGold Ashanti Holdings plc (the 'Company') today announced that it has borrowed $330,000,000 under the Company's $1,000,000,000 revolving credit facility which, together with available cash, it will use to pay the redemption price of, any additional amounts payable on and any accrued and unpaid interest on all of its outstanding 8.500% Notes due 2020 (the 'Notes'). As a result, the refinancing condition (stated in the notice of redemption issued on 28 June 2016) has been satisfied, and the redemption of the Notes is expected to occur on 1 August 2016.

ENDS

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Johannesburg

JSE Sponsor: Deutsche Securities (SA) Proprietary Limited

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, cost savings and other operating results, return on equity, productivity improvements, growth prospects and outlook of the Company's operations, individually or in the aggregate, including the achievement of project milestones, commencement and completion of commercial operations of certain of the Company's exploration and production projects and the completion of acquisitions and dispositions, the Company's liquidity and capital resources and capital expenditures and the outcome and consequence of any potential or pending litigation or regulatory proceedings or environmental issues, are forward-looking statements regarding the Company'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 the Company'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 the Company 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 the Company's prospectus that was filed with the U.S. Securities and Exchange Commission on 1 April 2016. These factors are not necessarily all of the important factors that could cause the Company'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. The Company 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 the Company or any person acting on its behalf are qualified by the cautionary statements herein.

AngloGold Ashanti Limited
Incorporated in the Republic of South Africa Reg No: 1944/017354/06
ISIN: ZAE000043485 - JSE share code: ANG-CUSIP: 035128206 - NYSE share code: AU