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/ 1 October 2007

Anglo American to sell half its stake in AngloGold

Mining giant Anglo American said on Monday it would sell 61-million shares of AngloGold Ashanti Limited, cutting its stake in the world’s third-largest gold producer by almost half. The London-based company, which has a 41,8% interest in AngloGold, said in a statement that the shares would be offered as ordinary shares and American depository shares.