AngloGold Ashanti Limited : - Threatened strike by AMCU

AngloGold Ashanti Limited

(Incorporated in the Republic of South Africa \ Reg. No. 1944/017354/06)

ISIN No. ZAE000043485 - JSE share code: ANG \ CUSIP: 035128206 - NYSE share
code: AU

Website: www.anglogoldashanti.com

News Release

30 January 2014

Threatened strike by AMCU declared unprotected by Labour Court interim interdict

(ANGLOGOLD ASHANTI - Press Release) AngloGold Ashanti is pleased to advise that
South Africa's Labour Court has today ruled that a strike threatened by the
Association of Construction and Mineworkers Union (AMCU) at the company's South
Africa mines would be unprotected, and that employees should continue to
proceed to work. The ruling given by Judge Edwin Molahlegi, on behalf of Judge
Hamilton Cele, ruled that AMCU must return to court on 14 March 2014 to explain
why this interim interdict that was applied for by the Chamber of Mines should
not be made permanent.

AMCU sought to proceed with strike action on a number of gold mining operations
with effect from 20 January 2014 in relation to the wage agreement that was
finalised in September 2013 in the gold sector between the employers and the
National Union of Mineworkers, UASA and Solidarity and which was applied to all
employees in the represented bargaining units. Together, these three unions
represented 72% of employees in the sector. The agreed increases and improved
benefits were backdated to 1 July 2013 and all employees, irrespective of union
affiliation, have been in receipt of these since September 2013.

An urgent interdict brought to the court by the gold producers was heard on 19
January, and Judge Cele ordered that strike action be held in abeyance until
today's ruling.

SPONSOR: UBS South Africa (Pty) Limited

ENDS

Contacts

Media

Chris Nthite         [phone]/      [e-mail]
                     [phone]

Stewart Bailey       [phone] /         [e-mail]
                     [phone]

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Stewart Bailey       [phone] /         [e-mail]
                     [phone]

Sabrina Brockman (US [phone] /       [e-mail]
& Canada)            [phone]

Fundisa Mgidi (South [phone] /          [e-mail]
Africa)              [phone]

General inquiries                              [e-mail]


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