Ashanti Purchase of Shares.
NEW YORK--(BUSINESS WIRE)--Aug. 11, 1998--Ashanti Goldfields n. 1. A small slender woolly annual (Lasthenia chrysostoma) with very narrow opposite leaves and branches bearing solitary golden-yellow flower heads; it grows from Southwestern Oregon to Baja California and Arizona; - it is often cultivated. Company
Limited announces that it has acquired through market purchases ordinary
shares or securities representing ordinary shares ("shares")
as shown below:
Date Number Price Paid(a) Shares
Purchased Purchased Lowest/Highest Purchased
To Date
10 Aug. 1998 282,500 $ 7.1875/7.40 282,500
The shares which have been acquired will not be cancelled but will be
held as treasury shares for possible re-issue at the Board's
discretion.
(a) If more than one purchase. Otherwise just price paid.
CONTACT: Ashanti Goldfields Company Limited
Mark Keatley, (233) 21 778171
Ernest Abankroh, (233) 21 761306
James Anaman, (233) 21 778178
or
Issued by:
Shandwick, London
John Goold, (44)171 329 0096
or
Golin/Harris, New York
Allan Jordan, 212/309-0613
or
Allan Reynolds, Toronto
416/964-6444
or
Terence Maher, Melbourne
(61) 3 9209 9333
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