| Thu 17 Feb 2011, 8:04 | | ANG - Anglogold Ashanti - Dr James Motlatsi retires as a non-executive |
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ANG
ANANO
ANG - Anglogold Ashanti - Dr James Motlatsi retires as a non-executive
director from the board of Anglogold Ashanti
ANGLOGOLD ASHANTI
Incorporated in the Republic of South Africa
Registration Number: 1944/017354/06)
ISIN Number:ZAE000043485
JSE Share Code: ANG
("AngloGold Ashanti/Company")
DR JAMES MOTLATSI RETIRES AS A NON-EXECUTIVE DIRECTOR FROM THE BOARD OF
ANGLOGOLD ASHANTI
AngloGold Ashanti announces the retirement of Dr James Motlatsi (59) from its
board with effect from 17 February 2011.
Commenting on the announcement, the chairman of the board, Mr Tito Mboweni
said, "James Motlatsi was appointed to the board when AngloGold Ashanti was
formed in 1998 and as Deputy Chairman in 2002, and has provided invaluable
guidance and support to the deliberations of the board and the work of
AngloGold Ashanti as a whole. His retirement allows him the opportunity to
pursue new interests. On behalf of the board and management, we extend our
thanks and best wishes to James Motlatsi for the future".
Says CEO Mark Cutifani: "I have greatly appreciated James Motlatsi`s deep
understanding of South Africa and our mining industry and his sage advice on
many issues since I joined AngloGold Ashanti. He has provided both
continuity and critical leadership during these changing times and has served
all AngloGold Ashanti stakeholders with great distinction. We wish him all
the very best for the future".
ENDS
17 FEBRUARY 2011
JSE Sponsor - UBS
Contacts
Tel: E-mail:
Alan Fine (Media) +27 11 637 6383 afine@AngloGoldAshanti.com
Sicelo Ntuli (Investors) +27 11 637-6339 sntuli@anglogoldashanti.com
Stewart Bailey(Investor) +1 2128364303 sbailey@anglogoldashanti.com
or +27 82 330 9628
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, the completion of announced mergers and
acquisitions transactions, AngloGold Ashanti`s liquidity and capital
resources, and expenditure and the outcome and consequences of any litigation
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 factors, refer to AngloGold Ashanti`s annual
report for the year ended 31 December 2009, which was distributed to
shareholders on 30 March 2010. The company`s annual report on Form 20-F, was
filed with the Securities and Exchange Commission in the United States on
April 19, 2010 and as amended on May 18, 2010. 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.
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.
Date: 17/02/2011 08:04:02 Produced by the JSE SENS Department.
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