/ 4 February 1999

ANGLO WILL BUY MINORCO GOLD

ANGLOGOLD shareholders on Wednesday voted in favour of buying international mineral group Minorco’s gold interest for $550-million. The move was supported by 99,9% of the issued shares represented at the meeting. Should the deal go ahead, Minorco interests in the Americas will fall under AngloGold management from January 1 1999. AngloGold will pay $150-million in cash, while negotiations with a banking syndicate for the balance are nearly concluded.