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Fri 6 Feb 2004, 8:43 Dealings In Securities By Directors
Dealings In Securities By Directors Of Anglogold Limited                        
ANGLOGOLD LIMITED                                                               
(Registration number 1944/017354/06)                                            
(Incorporated in the Republic of South Africa)                                  
("AngloGold")                                                                   
ISIN: ZAE000043485                                                              
JSE Share code: ANG                                                             
DEALINGS IN SECURITIES BY DIRECTORS OF ANGLOGOLD LIMITED                        
IN TERMS OF THE ANGLOGOLD SHARE INCENTIVE SCHEME                                
In terms of JSE Listings Requirement 3.63 we give notice that the following     
directors have exercised share options, after having received clearance to do so
in terms of Listings Requirement 3.74.  The options were granted in terms of the
AngloGold Share Incentive Scheme.  This resulted in the following ordinary      
shares of the company having been allotted and traded on the JSE:               
Details                                                                         
K H Williams                    
Date exercised and sold                                                         
                                                04 February 2004                
Type of interest                                                                
Beneficial                      
Number of shares                                                                
                                                9,400                           
Date options granted                                                            
16 February 1998                
Vesting period                                                                  
                                                Over a 5 year                   
                                                period                          
Option exercise price                                                           
                                                R104.00                         
Sale price   (average)                                                          
                                                R290.4578                       
% of total shares in                                                            
issue                                           0.004211568                     
06 February 2004                                                                
Sponsor                                                                         
UBS
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