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Dear Ramin Farzanehfar
Q1 2010 earnings results
Q110
Financial results
for the quarter ended 31 March 2010
Highlights: Group results for the quarter ...

* Gold production of 1.08Moz, ahead of guidance * Total cash costs of $619/oz, 6% better than guidance * Adjusted headline earnings of $61m recorded for the quarter * Cripple Creek & Victor improvement continues; Brasil Minera��o continues to deliver strong cost performance * TauTona restarted successfully in January after shaft inspection and repair * Geita continues turnaround progress with strong production performance * Uranium production of 313,000lbs is above target with stock levels at 1Mlbs * Hedge book commitments further reduced by 350,000oz to 3.55Moz Events post quarter-end ...

* Achieved investment-grade international credit ratings from S&P and Moodys * Further restructured the balance sheet with longer-term debt package * Issued $1bn rated bonds comprising $300m 30-year notes, $700m 10-year notes * Raised $1bn unsecured credit facility from a 16-bank syndicate Please note that both the earnings presentation, which will begin at 09:30 (GMT +2), and an earnings conference call, which will begin at 15:00 (GMT +2), will be available via webcast.

Please see www.anglogoldashanti.com for further details.

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