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Fri 13 Feb 2004, 15:11 DEALINGS IN SECURITIES BY DIRECTORS OF ANGLOGOLD
ANGLOGOLD LIMITED - DEALINGS IN SECURITIES BY DIRECTORS OF ANGLOGOLD LIMITED IN 
TERMS OF THE ANGLOGOLD SHARE INCENTIVE SCHEME                                   
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 3.66.  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                                12 February 2004         
Type of interest                                       Beneficial               
Number of shares                                       6,500                    
Date options granted                                   16 February 1998         
Vesting period                                         Over a 5 year period     
Option exercise price                                  R104.00                  
Sale price   (average)                                 R292.3923                
% of total shares in issue                             0.00291193               
13 February 2004                                                                
Sponsor                                                                         
UBS                                                                             
Date: 13/02/2004 03:05:14 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department                                             
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