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Wed 17 Oct 2001, 0:00 Anglogold Releases Formal Takeover Documents
AngloGold Ltd today lodged its formal Offer Documents and Shareholder
Circular in respect of its offer for Normandy Mining Ltd with the relevant
regulatory authorities.
In Johannesburg, the Circular to Shareholders was submitted to the
Johannesburg Securities Exchange (JSE) for approval. Following the approval
of the JSE, the circular will be posted to AngloGold shareholders later this
month and a shareholders' meeting has been scheduled for 19 November 2001.
In the United States, the F4 Registration Statement - the document required
for the offer to be made to all shareholders located in the US - was filed
with the US Securities and Exchange Commission. This document has also been
filed with the Australian Securities and Investment Commission (ASIC) in
Australia and will be available to Normandy shareholders located outside the
United States on request.  The offer will be opened to Normandy shareholders
located in the US only upon the US Securities and Exchange Commission
declaring the F4 Registration Statement effective.
In Australia, the formal Bidder's Statement detailing the offer for Normandy
Mining Ltd was lodged with the ASIC and served on Normandy Mining.  A copy
has already been sent to the Australian Stock Exchange (ASX).
The Bidder's Statement will be dispatched to Normandy shareholders at the
end of October. The offer will remain open until 14 December 2001.
The Bidder's Statement explains a number of features of interest to Normandy
retail shareholders.
Last week AngloGold announced a ten-for-one split of its CDIs in Australia
to make the share more accessible to retail shareholders and to enhance
trading liquidity on the ASX.
The Bidder's Statement also includes details about a top-up facility as part
of its commitment to building a long-term retail investor base and to
further promote liquidity in Australia.
The Company is proposing to offer accepting Normandy shareholders, other
than those in the US, the opportunity to subscribe for additional AngloGold
shares (to be registered in the form of CDIs) at a 7.5% discount to market
prices.
The top-up facility will allow subscriptions of up to A$5,000 with a minimum
subscription level of A$2,500.
AngloGold believes this will be the first time such a facility has been
provided in Australia in conjunction with a takeover offer. No brokerage or
other costs will be payable by Normandy shareholders.
The facility will be subject to the approval of the South African Reserve
Bank.
Foreign Investment Review Board
AngloGold has received notification from the Australian Foreign Investment
Review Board that the application for approval of the transaction has been
deferred, pending the release of the Bidder's Statement.
It is anticipated that the transaction will be approved in due course.
ends
Holders of Normandy shares and Normandy ADSs located in the United States
are strongly advised to read the F4 registration statement regarding the
offer referred to in this press release and other documents to be filed with
the US Securities and Exchange Commission when they become available,
because they will contain important information.  Holders of Normandy shares
and Normandy ADSs may read and copy these statements, when available, at the
US Securities and Exchange Commission's public reference rooms.  Please call
the US Securities and Exchange Commission at +1-800-SEC-0330 for further
information on the public reference rooms.  These US Securities and Exchange
Commission filings are also available to the public from commercial document
retrieval services.
www.anglogold.com
Queries:
In South Africa
Steve Lenahan
+2711 637 6248 (tel)
+2711 637 6107 (fax)
+27 83 308 2200 (mobile)
slenahan@anglogold.com
Shelagh Blackman
+2711 637-6379 (tel)
+2711 637-6399 (fax)
+27 83 308 2471 (mobile)
sblackman@anglogold.com
In the UK
Alex Buck
+44 20 7664 8712 (tel)
+44 20 7664 8711 (fax)
+44 7932 2740 452 (mobile)
abuck@anglogold.com
In the USA
Charles Carter
800 417 9255 toll free
+1 212 750 7999 (tel)
+1 212 750 5626 (fax)
ccarter@anglogold.com
In Australia
Andrea Maxey
+61 8 9425 4604 (tel)
+61 8 9625 4650 fax)
+61 438 001 393 (mobile)
amaxey@anglogold.com.au
Helpline
AngloGold has established a toll-free shareholder information line in
Australia, which can be accessed by dialling: 1800 770 019



 


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