(1) Indirect tax expenses (reimbursement) include the following:
provision for non-recovery of $25m, R183m VAT and fuel duties in Tanzania during 2009. Reversal of provision of $15m, R135m
during 2008 following a re-assessment by the Tanzanian Revenue Authority of VAT claimed on the difference between fuel
invoiced at the contract rate against the prevailing market rate;
reversal of provision of $6m, R56m during 2008 following an agreement with the Guinea Revenue Authority on withholding tax;
net provision for non-recovery of other indirect tax of $4m, R36m during 2009 (2008: reversal $1m, R7m).
(2)The net profit on disposal and abandonment of land, mineral rights, tangible assets and exploration properties includes amongst
others the following:
on 26 June 2009 AngloGold Ashanti Limited concluded the sale of its indirect 33.3% joint venture interest in the Boddington
Gold Mine in Western Australia to Newmont Mining Corporation resulting in a profit on disposal of $62m, R523m;
in February 2008, certain North American royalty and production related payment interests of the EI Chante and Marigold
projects were sold to Royal Gold resulting in a profit of $14m, R110m;
on 16 May 2008, AngloGold Ashanti Limited announced that it had completed the transaction with B2Gold Corporation in
which B2Gold Corporation acquired from AngloGold Ashanti Limited, additional interests in certain mineral properties in
Colombia. In exchange, B2Gold Corporation issued to AngloGold Ashanti Limited, 25m common shares and 21.4m common
share purchase warrants in B2Gold Corporation for a profit of $33m, R225m;
profit from recognition of deferred proceeds during 2008 of $8m, R61m relating to the disposal of the La Rescatada Project
situated in South America to Aruntani SAC; and
loss on disposal and abandonment of land, mineral rights, tangible assets and exploration properties amounted to $13m,
R102m (2008: $3m, R15m).
(3)Impairment of Red 5 Limited shares of $4m, R29m and Dynasty Gold Corporation shares of $2m, R13m during 2008.
(4)On 27 June 2008, AngloGold Ashanti Limited sold its 50% interest in Nufcor International Limited, a London-based uranium
marketing, trading and advisory business to Constellation Energy Commodities Group for net proceeds of $48m, R382m and
realised a profit of $2m, R14m.