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 ("AngloGold Ashanti" or the "Company")

NEWS RELEASE

AngloGold Ashanti Provides Update on Quebradona Project

(JOHANNESBURG) - PRESS RELEASE - AngloGold Ashanti notes that Colombia's environmental regulator, Autoridad Nacional de Licencias Ambientales, or ANLA, has published on its Web site a decision to 'archive' the environmental permit application for the Quebradona project.

AngloGold Ashanti has not yet received the formal notification of this decision by ANLA and will study the formal archive decision once received.

Generally, a decision to archive is made where the regulator determines that in some areas it requires additional information to either confirm or deny a permit application. The applicant can decide whether to appeal the decision or refile the application. Usually, it allows applicants to focus on the areas where, according to authorities, the additional information is required.

Quebradona remains one of the world's most exciting new copper-gold projects and we are encouraged by the strength and continued growth in support for its development at the national level, where the President and cabinet ministers have expressed strong support for the project, at the local level where community support continues to grow and at the state level, where we have already received the necessary approvals, including the Programme of Works and Construction, following a thorough assessment by the regulator in the state of Antioquia.

ENDS

Johannesburg

26 October 2021

JSE Sponsor: The Standard Bank of South Africa Limited

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AngloGold Ashanti Ltd. published this content on 26 October 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 26 October 2021 10:45:13 UTC.