| Tue 18 Mar 2008, 14:23 | | ANG - Anglogold Ashanti - Granting of rights to acquire ordinary shares to |
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ANG
ANANO
ANG - Anglogold Ashanti - Granting of rights to acquire ordinary shares to
directors and company secretarial personnel in terms of the Anglogold share
incentive scheme
AngloGold Ashanti Limited
Incorporated in the Republic of South Africa
Registration Number: 1944/017354/06)
ISIN Number: ZAE000043485
JSE Share Code: ANG
("AngloGold Ashanti/Company")
GRANTING OF RIGHTS TO ACQUIRE ANGLOGOLD ASHANTI ORDINARY SHARES TO DIRECTORS AND
COMPANY SECRETARY PERSONNEL OF ANGLOGOLD ASHANTI LIMITED IN TERMS OF THE
ANGLOGOLD SHARE INCENTIVE SCHEME
In terms of JSE Listings Requirement 3.63 we hereby provide the following
information regarding the granting of options by the Company in terms of the
AngloGold Share Incentive Scheme to directors and company secretarial personnel.
Date of notification: 17 March 2008
Date of grant: 29 February 2008
Vesting date: 29 February 2011
On 29 April 2005, shareholders approved
the introduction of two new incentive
plans, the key terms of which were
disclosed. The bonus share plan provides
for the vesting of awards, in full,
three years from the date of service,
provided that the participant is still
in the employ of the company at the date
of vesting. Awards granted in terms of
the long-term incentive plan vests three
years after date of service, to the
extent that the performance conditions,
under which the awards were granted, are
met. Any awards not exercised by
29 February 2018 will lapse.
Strike price: Nil cost to
Class of security: Awards to acquire ordinary shares
Type of interest: Direct beneficial
Clearance was obtained in terms of 3.66 of the JSE Listings Requirements.
Name Designation Bonus share Long-term
plan incentive plan
Cutifani M Director 3,607 32,982
Venkatakrishnan S Director 6,417 20,595
Simelane YZ Vice President - compliance 1,586 7,522
And corporate administration
Eatwell L Company Secretary 359 4,044
Total awards granted to directors and
company secretarial personnel 11,969 65,143
The awards above form
part of a total grant of 366,192 .347,366
Number of participants 1,479 82
Market value per award at date of grant R267.05 R267.05
Johannesburg
18 March 2008
JSE Sponsor: UBS Limited
Queries
Himesh Persotam Tel: +27(0)116376647 Mobile: +27(0)823393890 E-mail:
hpersotam@AngloGoldAshanti.com
Certain statements made during 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 the outlook of AngloGold Ashanti`s operations
including the completion and commencement of commercial operations of certain of
AngloGold Ashanti`s exploration and production projects, and its liquidity and
capital resources and expenditure, 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, fluctuations in gold prices and
exchange rates, and business and operational risk management. For a discussion
of such factors, refer to AngloGold Ashanti`s annual report for the year ended
31 December 2006, which was distributed to shareholders on 29 March 2007.
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.
In connection with the proposed merger transaction involving AngloGold Ashanti
and Golden Cycle Gold Corporation, AngloGold Ashanti has filed with the SEC a
registration statement on Form F-4 and GCGC will mail a proxy
statement/prospectus to its stockholders, and each will be filing other
documents regarding the proposed transaction with the U.S. Securities and
Exchange Commission ("SEC") as well. BEFORE MAKING ANY VOTING OR INVESTMENT
DECISION, INVESTORS ARE URGED TO READ THE PROXY STATEMENT/PROSPECTUS REGARDING
THE PROPOSED TRANSACTION AND ANY OTHER RELEVANT DOCUMENTS CAREFULLY WHEN THEY
BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT THE
PROPOSED TRANSACTION. The final proxy statement/prospectus will be mailed to
GCGC`s stockholders. Stockholders will be able to obtain a free copy of the
proxy statement/prospectus, as well as other filings containing information
about AngloGold Ashanti and GCGC, without charge, at the SEC`s Internet site
(http://www.sec.gov). Copies of the proxy statement/prospectus and the filings
with the SEC that will be incorporated by reference in the proxy
statement/prospectus can also be obtained, without charge, by directing a
request to AngloGold Ashanti, 76 Jeppe Street, Newtown, Johannesburg, 2001 (PO
Box 62117, Marshalltown, 2107) South Africa, Attention: Investor Relations, +27
11 637 6385, or to Golden Cycle Gold Corporation, 1515 S. Tejon, Suite 201,
Colorado Springs, CO 80906, Attention: Chief Executive Officer, (719) 471-9013."
Date: 18/03/2008 14:23:58 Produced by the JSE SENS Department.
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