AngloGold Ashanti Limited
(Incorporated in the Republic of South Africa)
Reg. No. 1944/017354/06
ISIN: ZAE000043485 – JSE share code: ANG  
CUSIP: 035128206 – NYSE share code: AU

September 25, 2015

NEWS RELEASE

NOT FOR DISTRIBUTION TO ANY PERSON LOCATED OR RESIDENT IN ANY JURISDICTION WHERE IT IS UNLAWFUL TO DISTRIBUTE THIS ANNOUNCEMENT.

ANGLOGOLD ASHANTI LIMITED ANNOUNCES FINAL RESULTS OF ANGLOGOLD ASHANTI HOLDINGS PLC’S CASH TENDER OFFER FOR UP TO $810,000,000 IN AGGREGATE PRINCIPAL AMOUNT OF ITS OUTSTANDING 8.500% NOTES DUE 2020 GUARANTEED BY ANGLOGOLD ASHANTI LIMITED

AngloGold Ashanti Limited hereby announces the final results of the offer to purchase for cash (the “Offer”) up to $810,000,000 (the “Tender Cap”) in aggregate principal amount of outstanding 8.500% Notes due 2020 (ISIN: US03512TAD37; CUSIP: 03512T AD3) (the “Securities”) from each registered holder of Securities (a “Holder”) by AngloGold Ashanti Limited’s wholly owned subsidiary AngloGold Ashanti Holdings plc, an Isle of Man company limited by shares (the “Company”).

The Offer was made upon the terms and subject to the conditions set forth in the offer to purchase dated August 24, 2015 (the “Offer to Purchase”). Capitalized terms used but not otherwise defined in this announcement have the meaning ascribed to them in the Offer to Purchase.

As of 11:59 p.m., New York City time, on September 23, 2015 (the “Expiration Date”), an aggregate principal amount of Securities equal to $779,271,000 was validly tendered and not validly withdrawn in the Offer and accepted for purchase by the Company.

 

Holders who validly tendered and did not validly withdraw their Securities at or before 5:00 p.m., New York City time, on September 9, 2015 (the “Early Tender Date”) and whose Securities have been accepted for purchase will receive the Total Consideration of $1,075 per $1,000 principal amount (which includes an early tender premium of $30 per $1,000 principal amount of Securities accepted for purchase (the “Early Tender Premium”)). Holders who validly tendered their Securities after the Early Tender Date and at or before the Expiration Date and whose Securities have been accepted for purchase will receive the Tender Consideration of $1,045 per $1,000 principal amount (which is the Total Consideration minus the Early Tender Premium) of Securities accepted for purchase.

 

 

In addition to the Total Consideration or the Tender Consideration, as applicable, Holders whose Securities have been accepted for purchase will also receive accrued and unpaid interest from the last interest payment date of the Securities up to, but not including, the Settlement Date, in respect of such Securities.

The Offer is expected to settle today (September 25, 2015).

Barclays Bank PLC and Citigroup Global Markets Limited acted as Dealer Managers.  Global Bondholder Services Corporation was the Depositary and Information Agent.

Requests for information in relation to the Offer should be directed to:

GLOBAL BONDHOLDER SERVICES CORPORATION
65 Broadway – Suite 404
New York 10006
United States
Attn: Corporate Actions
Banks and Brokers Call Collect: +1 212 430-3774
All Others Call Toll-Free: +1 866 470-4200
Fax (For Eligible Institutions only): +1 212 430-3775/3779
Fax Confirmation: +1 212 430-3774
E-mail: info@gbsc-usa.com

This announcement is neither an offer to purchase nor a solicitation of an offer to sell the Securities. The Offer was made only by, and pursuant to the terms of, the Offer to Purchase, and the information in this announcement is qualified by reference to the Offer to Purchase.

 

ENDS

 

Johannesburg

JSE Sponsor: Deutsche Securities (SA) Proprietary Limited

 

 

 

Incorporated in the Republic of South Africa Reg No: 1944/017354/06

ISIN: ZAE000043485 – JSE share code: ANG CUSIP: 035128206 – NYSE share code: AU

Website: www.anglogoldashanti.com