HRM Harmony Gold

RNS Number:3919U
Anglogold Ld
11 April 2002


AngloGold Limited
(Incorporated in the Republic of South Africa)
(Registration Number: 1944/017354/06)
ISIN Number: ZAE000014601
JSE Share Code: ANG


NEWS RELEASE

CORPORATE AFFAIRS DEPARTMENT
JOHANNESBURG
TELEPHONE: (+27 11) 637-6385
FAX: (+27 11) 637-6399/6400

LE/RCC/AGO301.02

11 April 2002
www.anglogold.com

Queries:                                                   SALE OF ANGLOGOLD'S FREE STATE ASSETS

In Australia

Andrea Maxey                       AngloGold is pleased to announce that all the remaining conditions precedent for the
                                   sale of its Free State assets to African Rainbow Minerals Gold Limited and Harmony
+61 8 9425 4604 (tel)              Gold Mining Company Limited, through a jointly-held company ("Freegold"), have been
                                   fulfilled. The sale is effective from 1 January 2002.
+61 8 9625 4650 fax)
                                   In terms of the sale agreement, the consideration payable to AngloGold is R2.2
+61 438 001 393 (mobile)           billion plus an amount equal to any liability for tax payable by Anglogold pursuant
                                   to the sale of the Free State assets ("the additional amount").
amaxey@anglogold.com.au
                                   Accordingly, Freegold will pay to AngloGold an amount of R2.2 billion, of which R1.8
Hamish Douglass                    billion will be payable, in cash, by no later than 23 April 2002, together with
                                   interest thereon at the call rate as determined from 1 January 2002 to the date
Deutsche Bank                      immediately prior to the date of payment. The additional amount will be paid by
                                   Freegold to AngloGold, five days prior to any tax liability pursuant to the sale of
+61 2 9258 2039 (tel)              the Free State assets, being payable by AngloGold. The balance of R400 million will
                                   be payable in cash on 1 January 2005.
+61 2 9258 2440 (fax)

+61 419 560 349 (mobile)
                                   Ends
hamish.douglass@db.com

In South Africa

Steve Lenahan

+2711 637 6248 (tel)

+2711 637 6107 (fax)

+27 83 308 2200 (mobile)

slenahan@anglogold.com

Shelagh Blackman

+2711 637-6379 (tel)

+2711 637-6399 (fax)

+27 83 308 2471 (mobile)

sblackman@anglogold.com

In Europe

Tomasz Nadrowski

+41 22 718 3312 (tel)

+41 22 718 3335 (fax)

+41 79 345 9774 (mobile)

tnadrowski@anglogold.com

In the USA

Charles Carter

800 417 9255 toll free

+1 212 750 7999 (tel)

+1 212 750 5626 (fax)

ccarter@anglogold.com

 Disclaimer

Except for the historical information contained herein, there are matters
discussed in this news release that are forward-looking statements. Such
statements are only predictions and actual events or results may differ
materially. For a discussion of important factors including, but not limited to,
development of the Company's business, the economic outlook in the gold mining
industry, expectations regarding gold prices and production, and other factors,
which could cause actual results to differ materially from such forward-looking
statements, refer to the Company's annual report on the Form 20-F for the year
ended 31 December 2000 which was filed with the Securities and Exchange
Commission on 23 April 2001.

Holders of Normandy shares and Normandy ADSs located in the United States are
strongly advised to read the F4 registration statement regarding the offer
referred to in this press release and other documents to be filed with the US
Securities and Exchange Commission when they become available, because they will
contain important information. Holders of Normandy shares and Normandy ADSs may
read and copy these statements, when available, at the US Securities and
Exchange Commission's public reference rooms. Please call the US Securities and
Exchange Commission at +1-800-SEC-0330 for further information on the public
reference rooms. These US Securities and Exchange Commission filings are also
available to the public from commercial document retrieval services.


                      This information is provided by RNS
            The company news service from the London Stock Exchange

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