| Thu 3 May 2018, 17:46 | | ANGLOGOLD ASHANTI LIMITED - Working Group Statement: Settlement of the Silicosis and TB class action |
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ANG 201805030048A
Working Group Statement: Settlement of the Silicosis and TB class action
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
(“AngloGold Ashanti” or the “Company”)
3 May 2018
NEWS RELEASE
WORKING GROUP STATEMENT: Settlement of the Silicosis and TB class action
Johannesburg, 3 May 2018 - Richard Spoor Inc, Abrahams Kiewitz Inc and the Legal Resources Centre
– representing claimants in the silicosis and tuberculosis class action litigation - and the Occupational
Lung Disease Working Group - representing African Rainbow Minerals, Anglo American SA, AngloGold
Ashanti, Gold Fields, Harmony and Sibanye-Stillwater – are pleased to announce that they have reached
a settlement in this matter. For full announcement, visit www.oldcollab.co.za.
The companies last year announced amounts that each has provided for, as the estimated cost to each
of the settlement, based on actuarial assessments. These amounts total approximately R5 billion. As
the Working Group statement indicates, the agreement is still subject to ratification by the High Court.
We look forward to the successful conclusion of that process. Once that and certain other conditions
precedent are concluded, it will be possible fully to withdraw the appeal in the Supreme Court of Appeal
of the Johannesburg High Court’s class certification judgment delivered in May 2016.
AngloGold Ashanti welcomes the settlement which represents a fair outcome for claimants and a
sustainable outcome for the companies.
ENDS
Johannesburg
WORKING GROUP CONTACTS
Alan Fine +27 11 880 3924/ +27 83 250 0757 alan@rasc.co.za
Marika Muller +27 11 880 3924/ +27 72 635 9262 marika@rasc.co.za
COMPANY CONTACTS
Chris Nthite +27 11 637 6388/+27 83 301 2481 cnthite@anglogoldashanti.com
Stewart Bailey +27 81 032 2563 / +27 11 637 6031 sbailey@anglogoldashanti.com
Incorporated in the Republic of South Africa Reg No: 1944/017354/06ISIN. ZAE000043485 – JSE share code: ANG CUSIP: 035128206 – NYSE share code: AU
Website: www.anglogoldashanti.com
JSE Sponsor: Deutsche Securities (SA) Proprietary Ltd
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