AngloGold Ashanti Limited(Incorporated in the Republic of South Africa \ Reg. No. 1944/017354/06)ISIN No. ZAE000043485 - JSE share code: ANG \ CUSIP: 035128206 - NYSE sharecode: AUWebsite: www.anglogoldashanti.comNews Release17 February, 2014AngloGold Ashanti Announces Changes to the Board of Directors(ANGLOGOLD ASHANTI - Press Release) AngloGold Ashanti announces that as aresult of his increasing portfolio of professional commitments, Mr. TitoMboweni has decided not to stand for re-election as Non-Executive Director atthe Annual General Meeting to be held in May, 2014. Mr. Mboweni has stood downas Chairman today, but to ensure a smooth transition has agreed to work closelywith the new Chairman, Mr. Sipho Pityana, who was elected unanimously by theBoard today.Mr. Pityana, a non-executive director of AngloGold Ashanti for the past sevenyears, is also the chairperson of the company's Safety, Health and EnvironmentCommittee and a member of other Board committees."I am honoured to follow Mr Mboweni as Chairman of AngloGold Ashanti," MrPityana said. "I will work closely with him over the coming months to ensure aseamless handover."Professor Wiseman Nkuhlu, who has served on the Board since August 2006, and iscurrently Chairman of the Audit and Corporate Governance committee, will assumethe new role of Lead Independent Director of the Board. Professor Nkuhlu alsoserves on a number of other Board committees.Mr Mboweni's decision to step down comes after a period of sustainedimprovement from AngloGold Ashanti, which has rebased its cost structure inresponse to a dramatically lower gold price, whilst improving the quality ofits asset base with the commissioning of two new gold mines, together withselected asset disposals."I leave AngloGold Ashanti as a fundamentally stronger, stable and focusedbusiness," Mr Mboweni said. "It's been a privilege to help establish such afirm foundation for the company alongside an accomplished executive team and anexperienced board, all of whom continue to work diligently in the bestinterests of the business. I am pleased that Mr Pityana is succeeding me inthis role and I wish him the very best."AngloGold Ashanti's Board of Directors and members of the Executive Committeewould like to wish Mr Mboweni well in his future endeavours and thank him forhis service over the past four years. Mr Mboweni's guidance has beeninvaluable, particularly in navigating a time of intensive restructuring andrefocus, given the sharp drop in the gold price, and in helping facilitate thesmooth transition in executive leadership in early 2013."Mr Mboweni has overseen the transition of leadership at AngloGold Ashantiduring a challenging business environment," Chief Executive Officer SrinivasanVenkatakrishnan (Venkat) said. "I'd like to thank him for his contribution toAngloGold Ashanti, and on behalf of the Executive Committee, wish him allsuccess in his future endeavours."Speaking about the incoming Chairman, Venkat said: "Mr. Pityana, in addition toleading our safety and sustainability focus on the Board with distinction has adeep understanding of all other aspects of the business. He is fully supportiveof our strategy to generate growth in free cash flow as we continue to lift thecompany's performance, and brings to the role considerable broad experience andvision. We look forward to working with Mr. Pityana in his new role as theChairman of the Board".Further InformationMR TT MBOWENIBA (National University of Lesotho), MA - Development Economics (University ofEast Anglia, Norwich, UK)Independent Non-Executive DirectorTito Mboweni was appointed to the board and as Chairman of AngloGold Ashanti on1 June 2010. He is chairperson of the Nominations Committee and is a member ofthe Investment, Remuneration and Human Resources, Financial Analysis and PartyPolitical Donations committees. He has a long and outstanding record of publicservice. As Labour Minister from 1994 to 1998, Mr Mboweni was the architect ofSouth Africa's post-apartheid labour legislation which today continues toprovide the basis for the mutually respectful labour relationships central toAngloGold Ashanti's operational approach in South Africa. He was the eighthGovernor of the South African Reserve Bank from 1999 to 2009, and Chancellor ofthe University of the North from 2002 to 2005. He is also non-executivechairman of Nampak Limited and SacOil Holding Ltd., a non-executive director ofDiscovery Ltd. and an international adviser to Goldman Sachs. Mr Mboweni is afounder member of Mboweni Brothers Investment Holdings. He is also chairman ofthe fund raising committee of the Nelson Mandela Children's Hospital and atrustee and is a member of the council of advisers of the Thabo MbekiFoundation.MR SM PITYANABA (Hons) (Essex), MSc (London); Dtech (Honoris)(Vaal University of Technology)Chairman and Non-Executive DirectorSipho Mila Pityana is a senior director having joined the board of AngloGoldAshanti in February 2007. He is the chairman of the Safety, Health andEnvironment Committee. During his tenure the company has made tremendousprogress in all these aspects of its SHE work, bringing workplace fatalitiesfrom 34 in 2007 to eight in 2013, with all injuries showing a similar markeddecline. Critical health programmes including those dealing with TB, HIV/AIDSand Malaria received focused attention under his guidance, resulting in reducedincidence of these diseases. He was previously the Chairman of the Board'sRemuneration Committee as well as the Sustainability Committee.Mr Pityana has extensive business experience having served in both an executiveand non-executive capacity on several JSE listed boards of companies as well asrunning his own company which he chairs, Izingwe Capital. He is Chairman of theJSE listed Onelogix and of Munich Reinsurance of Africa. He also served on theboards of Bytes Technology Group, AFROX, SPESCOM and the Old Mutual LeadershipGroup. He previously worked as the Executive Director of Nedcor Investment Bankand Managing Director of Nedbank. He is also a director of a number ofmanufacturing companies including Scaw Metals and Aberdare Cables.In addition to his private sector track record, Mr Pityana has extensive publicsector experience and international exposure. He was the first Director Generalof Department of Labour in a democratic South Africa. As the Foreign AffairsDirector General he represented South Africa in various international foraincluding the United Nations, African Union, Commonwealth and the InternationalLabour Organisation. He was one of the founding members of the governing bodyof the CCMA and Convenor of the government delegation to NEDLAC.PROF LW NKUHLUBCom, CA (SA), MBA (New York University)Independent Lead DirectorWiseman Nkuhlu was appointed to the board on 4 August 2006. He is the chairmanof the Audit and Corporate Governance Committee and also serves as a member ofthe Financial Analysis; Risk and Information Integrity; Safety, Health andSustainable Development; Nominations, Party Political Donations; and theRemuneration and Human Resources committees. Prof Nkuhlu, a respected SouthAfrican academic, educationist, professional and business leader, served asEconomic Adviser to the former President of South Africa, Mr Thabo Mbeki, andas Chief Executive of the Secretariat of the New Partnership for Africa'sDevelopment (NEPAD) from 2000 to 2005. From 1989 to 2000, he served as adirector on a number of major South African companies, including Standard Bank,South African Breweries, Old Mutual, Tongaat Hulett, BMW and JCI. Prof Nkuhluwas President of the South African Institute of Chartered Accountants from 1998to 2000 and Principal and Vice Chancellor of the University of Transkei from1987 to 1991. He is also a member of the board of Datatec Limited. He waselected President of the Geneva-based International Organization of Employers(IOE) in May 2008 for a period of two years. He is a Trustee of theInternational Financial Accounting Standards Foundation.ENDS__________________________________________________________________________________________________________________ContactsMediaChris Nthite +27 (0) 11 637 6388/+27 (0) cnthite@anglogoldashanti.com 83 301 2481Stewart Bailey +27 81 032 2563 / +27 11 637 sbailey@anglogoldashanti.com 6031General inquiries media@anglogoldashanti.comInvestorsStewart Bailey +27 81 032 2563 / +27 11 637 sbailey@anglogoldashanti.com 6031Sabrina Brockman +1 (212) 858 7702 / +1 646 379 sbrockman@anglogoldashanti.com(US & Canada) 2555Fundisa Mgidi +27 11 6376763 / +27 82 821 fmgidi@anglogoldashanti.com(South Africa) 5322General inquiries investors@anglogoldashanti.comCertain statements contained in this document, other than statements ofhistorical fact, including, without limitation, those concerning the economicoutlook for the gold mining industry, expectations regarding gold prices,production, cash costs, cost savings and other operating results, return onequity, productivity improvements, growth prospects and outlook of AngloGoldAshanti's operations, individually or in the aggregate, including theachievement of project milestones, commencement and completion of commercialoperations of certain of AngloGold Ashanti's exploration and productionprojects and the completion of acquisitions and dispositions, AngloGoldAshanti's liquidity and capital resources and capital expenditures and theoutcome and consequence of any potential or pending litigation or regulatoryproceedings or environmental issues, are forward-looking statements regardingAngloGold Ashanti's operations, economic performance and financial condition.These forward-looking statements or forecasts involve known and unknown risks,uncertainties and other factors that may cause AngloGold Ashanti's actualresults, performance or achievements to differ materially from the anticipatedresults, performance or achievements expressed or implied in theseforward-looking statements. Although AngloGold Ashanti believes that theexpectations reflected in such forward-looking statements and forecasts arereasonable, no assurance can be given that such expectations will prove to havebeen correct. Accordingly, results could differ materially from those set outin the forward-looking statements as a result of, among other factors, changesin economic, social and political and market conditions, the success ofbusiness and operating initiatives, changes in the regulatory environment andother government actions, including environmental approvals, fluctuations ingold prices and exchange rates, the outcome of pending or future litigationproceedings, and business and operational risk management. For a discussion ofsuch risk factors, refer to the prospectus supplement to AngloGold Ashanti'sprospectus dated 17 July 2012 that was filed with the United States Securitiesand Exchange Commission ("SEC") on 26 July 2013. These factors are notnecessarily all of the important factors that could cause AngloGold Ashanti'sactual results to differ materially from those expressed in any forward-lookingstatements. Other unknown or unpredictable factors could also have materialadverse effects on future results. Consequently, readers are cautioned not toplace undue reliance on forward-looking statements. AngloGold Ashantiundertakes no obligation to update publicly or release any revisions to theseforward-looking statements to reflect events or circumstances after the datehereof or to reflect the occurrence of unanticipated events, except to theextent required by applicable law. All subsequent written or oralforward-looking statements attributable to AngloGold Ashanti or any personacting on its behalf are qualified by the cautionary statements herein.This communication may contain certain "Non-GAAP" financial measures. AngloGoldAshanti utilises certain Non-GAAP performance measures and ratios in managingits business. Non-GAAP financial measures should be viewed in addition to, andnot as an alternative for, the reported operating results or cash flow fromoperations or any other measures of performance prepared in accordance withIFRS. In addition, the presentation of these measures may not be comparable tosimilarly titled measures other companies may use. AngloGold Ashanti postsinformation that is important to investors on the main page of its website atwww.anglogoldashanti.com and under the "Investors" tab on the main page. Thisinformation is updated regularly. Investors should visit this website to obtainimportant information about AngloGold Ashanti.