AngloGold Ashanti Report for the quarter and nine months ended 30 September 2009

Group results for the quarter….
􀂙 Adjusted headlines earnings, normalised to exclude hedge buybacks, at $163m.
􀂙 Gold production rises 5% to 1.187Moz, following fewer safety interruptions.
􀂙 Uranium production rises 10% to 366,000 pounds.
􀂙 Total cash costs of $534/oz provide solid operating margin despite sharply stronger operating currencies.
􀂙 Vaal River operations improve following management intervention.
􀂙 Geita and Ghana operations continue to deliver on turnaround strategy.
􀂙 South America delivers 9% growth in production, limits cost increases, despite currency strength.
􀂙 Major hedge restructuring completed before recent gold price rally; committed ounces now less than annual
production at 4.3Moz.
Events post quarter-end….
􀂙 Annual guidance reviewed to 4.55Moz - 4.6Moz to factor in lower South African production, following shaft incident
at TauTona.
􀂙 Joint venture formed with De Beers to explore for marine gold deposits.
􀂙 Acquisition concluded for the purchase of 35% stake in Moto Gold Project.

http://www.anglogold.com/NR/rdonlyres/34...