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Shareholder diary and information

Shareholders' diary
Financial year-end 31 December
Annual financial statements published on or about 4 April 2012
Annual general meeting 11:00 SA time 10 May 2012
Quarterly reports Released on or about
– Quarter ended 31 March 2012 10 May 2012
– Quarter ended 30 June 2012 7 August 2012
– Quarter ended 30 September 2012 8 November 2012
– Quarter ended 31 December 2012 14 February 2013
Dividend number Declared Last date
to trade
shares cum
date to
date to
ADS holders
2011 Final – number 112 15 February 2012 2 March 2012 16 March 2012 26 March 2012
2012 Q2 Interim – number 113* *Early May 2012 *Late May 2012 *Early June 2012 *Late June 2012
2012 Q3 Interim – number 114* *Early August 2012 *Late August 2012 *Early September 2012 *Late September 2012
2012 Q4 Interim – number 115* *Early November 2012 *Late November 2012 *Early December 2012 *Late December 2012
  1. * Proposed, subject to board approval.

Dividend policy

Dividends are proposed by and approved by the board of directors of AngloGold Ashanti, based on the company’s financial performance. Dividends are recognised when declared by the board of directors of AngloGold Ashanti. During the third quarter of 2011, the company changed the timing of dividend payments to quarterly rather than halfyearly. AngloGold Ashanti expects to continue to pay dividends, although there can be no assurance that dividends will be paid in the future or as to the particular amounts that will be paid from year to year. The payment of future dividends will depend upon the board's ongoing assessment of AngloGold Ashanti's earnings and cashflow, after providing for capital expenditure and long-term growth, cash/debt resources, compliance with the solvency and liquidity requirements of the Companies Act of 2008, the amount of reserves available for dividend, based on the going concern assessment, and restrictions placed by the conditions of the convertible bonds, other debt facilities, protection of the investment grade rating and other factors.

Withholding tax

On 21 February 2007, the South African government announced that a 10% withholding tax on dividends and other distributions payable to shareholders would be implemented. In his budget speech on 22 February 2012, the South African Minister of Finance announced that the withholding tax on dividends and other distributions payable to shareholders will be increased from 10% to 15% effective 1 April 2012.

This withholding tax replaces the Secondary Tax on Companies and although this may reduce the tax payable by AngloGold Ashanti’s South African operations, thereby potentially increasing distributable earnings, the withholding tax on dividends and other distributions will generally reduce the amount of dividends or other distributions received by AngloGold Ashanti shareholders, subject to certain exceptions.

The method for the collection of this withholding tax will be communicated to shareholders in due course.

Annual general meeting

AngloGold Ashanti will be holding its 68th Annual General Meeting of shareholders in The Auditorium, 76 Jeppe street, Newtown, Johannesburg, South Africa on Thursday, 10 May 2012, at 11:00 (South African time).

The Notice of Meeting will be posted to shareholders entitled to receive same on or about 31 March 2012. Copies of the notice of meeting, complete with proxy form and voting instruction forms can be accessed from the company’s website or are obtainable from

Shareholders on the South African register who have dematerialised their shares in the company (other than those shareholders whose shareholding is recorded in their own names in the sub-register maintained by their CSDP) and who wish to attend the annual general meeting to be held on 10 May 2012 in person, will need to request their CSDP or broker to provide them with the necessary authority in terms of the custody agreement entered into between them and the CSDP or broker.

Voting rights

The South African Companies Act 71 of 2008 (as amended) provides that if voting is by a show of hands, any person present and entitled to exercise voting rights has one vote, irrespective of the number of voting rights that person would otherwise be entitled to. If voting is taken by way of poll, any shareholder who is present at the meeting, whether in person or by duly appointed proxy, shall have one vote for every share held. There are no limitations on the right of non-South African shareholders to hold or exercise voting rights attaching to any shares of the company. CDI holders are not entitled to vote in person at meetings, but may vote by way of proxy. Options granted in terms of the share incentive scheme do not carry rights to vote.

Change of details

Shareholders are reminded that the onus is on them to keep the company, through its nominated share registrars, apprised of any change in their postal address and personal particulars. Similarly, where shareholders received dividend payments electronically (EFT), they should ensure that the banking details which the share registrars and/or CSDPs have on file are correct.

Annual reports

Should you wish to receive a printed copy of AngloGold Ashanti’s 2011 annual reports, please request same from the contact persons listed at the end of this report or from the company’s website.