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AngloGold Releases Market Cautionary Statement Announcing Potential Asset Sales.


Business Editors

JOHANNESBURG, South Africa--(BUSINESS WIRE)--Nov. 27, 2000

In compliance with Johannesburg Stock Exchange Johannesburg Stock Exchange (JSE)

Established in 1886, the Johannesburg Stock Exchange is the only stock exchange in South Africa. Gold and mining stocks form the majority of shares listed.
 listing requirements Listing requirements

Requirements, including minimum shares outstanding, market value, and income, that are laid down by an exchange for any stock to be listed for trading.
, AngloGold (NYSE NYSE

See: New York Stock Exchange
: AU) today released a cautionary announcement indicating that the company is holding discussions with a number of parties regarding their offers to purchase Elandsrand and Deelkraal mines and some of AngloGold's assets in the Free State region, South Africa South Africa, Afrikaans Suid-Afrika, officially Republic of South Africa, republic (2005 est. pop. 44,344,000), 471,442 sq mi (1,221,037 sq km), S Africa. .

Shareholders will be notified of the outcome of these discussions in due course and in the interim are advised to exercise caution in dealing in AngloGold shares.

Disclaimer

Except for the historical information contained herein, there are matters discussed in this news release that are forward-looking statements forward-looking statement

A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections.
. 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 December 31, 1999 which was filed with the Securities and Exchange Commission on April 18, 2000.
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Publication:Business Wire
Date:Nov 27, 2000
Words:194
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