ANGLOGOLD ASHANTI EMPLOYEE SHARE OWNERSHIP PROGRAM
ANGLOGOLD ASHANTI EMPLOYEE SHARE OWNERSHIP PROGRAMME - ANGLOGOLD ASHANTI
EMPLOYEE SHARE OWNERSHIP PROGRAMME
ANGLOGOLD ASHANTI EMPLOYEE SHARE OWNERSHIP PROGRAMME
AngloGold Ashanti Limited
Incorporated in the Republic of South Africa
Registration Number: 1944/017354/06)
ISIN Number: ZAE000043485
JSE Share Code: ANG
(`AngloGold Ashanti/Company`)
ANGLOGOLD ASHANTI EMPLOYEE SHARE OWNERSHIP PROGRAMME
AngloGold Ashanti notes recent press reports and confirms that it is
considering establishing an employee share ownership programme (ESOP). The
company has had preliminary discussions with organised labour in South Africa on
this matter and expects these to proceed in earnest in the near future. The
company has also discussed the potential ESOP with the South African Department
of Minerals and Energy, as AngloGold Ashanti sees an ESOP as part of its
transformation programme and in line with the spirit of the mining charter.
The contemplated ESOP is consistent with the company`s stated strategic
intention to develop means of promoting broad-based equity participation. The
scope and terms of the scheme remain under consideration and, once finalised, a
further announcement will be made and, if appropriate, put forward for
shareholder approval.
ends
Johannesburg
8 June 2005
Date: 08/06/2005 04:39:40 PM
Produced by the JSE SENS Department
Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
