.                                       validly deliver Securities in respect 
                                        of which a Notice of Guaranteed 
                                        Delivery was delivered at or prior to 
                                        the Expiration Deadline. 
Expected to be October 27, 2021         Guaranteed Delivery Settlement Date 
......................................  Guaranteed Delivery Settlement Date 
.                                       for Securities validly tendered and 
                                        accepted for purchase by the Offeror 
                                        pursuant to the Guaranteed Delivery 
                                        Procedures. Payment of the Purchase 
                                        Price and any Accrued Interest in 
                                        respect of any such Securities. 

The above dates and times are subject, where applicable, to the right of the Offeror to extend, re-open, amend, and/or terminate the Offer, subject to applicable securities laws and the terms set within the Offer to Purchase. Holders of Securities are advised to check with any bank, securities broker or other intermediary through which they hold Securities when such intermediary would require to receive instructions to participate in, or withdraw their instruction to participate in, the Offer before the deadlines specified above.

Holders of Securities are advised to read carefully the Offer to Purchase for full details of and information on the procedures for participating in the Offer.

FURTHER INFORMATION

Holders of Securities may access the Offer to Purchase and the form of Notice of Guaranteed Delivery at www.dfking.com/anglogold.

Questions and requests for assistance in connection with the Offer may be directed to the Dealer Managers:

Barclays Bank PLC                       BNP Paribas 16 boulevard des Italiens 
 5 The North Colonnade                  75009 Paris France   Attention: 
 Canary Wharf                           Liability Management Telephone: +33 1 
 London E14 4BB                         55 77 78 94 Email: 
 United Kingdom                         liability.management@bnpparibas.com 
 Attention: Liability Management Group 
 Telephone: +44 (0) 20 3134 8515 
 Email: eu.lm@barclays.com 
J.P. Morgan Securities plc              Merrill Lynch International 
 25 Bank Street                          2 King Edward Street 
 Canary Wharf                            London EC1A 1HQ 
 London E14 5JP                          United Kingdom 
 United Kingdom 
                                         Attention: Liability Management Group 
 Attention: Liability Management         Telephone (London): 
 Telephone: +44 207 595 8222             +44 207 996 5420 
 Email: em_europe_lm@jpmorgan.com,       Telephone (U.S. Toll Free): 
                                         +1 888 292 0070 
                                         Telephone (U.S.): 
                                         +1 980 387 3907 
                                         Email: DG.LM-EMEA@bofa.com 
                                        -------------------------------------- 

Questions and requests for assistance in connection with the tender of Securities including requests for a copy of the Offer to Purchase may be directed to:

INFORMATION & TENDER AGENT

D.F. King

E-mail: anglogold@dfking.com

Offer Website: www.dfking.com/anglogold

In New York:                                         In London: 
 48 Wall Street                                       65 Gresham Street 
 New York, NY 10005                                   London EC2V 7NQ 
 United States                                        United Kingdom 
 Banks and Brokers, Call Collect: +1 (212) 269-5550   Tel: +44 20 7920 9700 
 All Others, Call Toll-Free: +1 (877) 783-5524 

NOTICE AND DISCLAIMER

Subject to applicable law, the Offeror or any of its affiliates may, at any time and from time to time, acquire Securities, other than pursuant to the Offer, through open market or privately negotiated transactions, through tender offers, exchange offers, redemptions (including the Post-Closing Redemption) or otherwise, or the Offeror may redeem Securities pursuant to their terms to the extent that such Securities then permit redemption. Any future purchases of Securities may be on the same terms or on terms that are more or less favorable to Holders of Securities than the terms of the Offer, and could be for cash or other consideration.

This announcement must be read in conjunction with the Offer to Purchase. This announcement and the Offer to Purchase contain important information which must be read carefully before any decision is made with respect to the Offer. If any Holder is in any doubt as to the action it should take or is unsure of the impact of the Offer, it is recommended to seek its own financial and legal advice, including as to any tax consequences, from its stockbroker, bank manager, attorney, accountant or other independent financial or legal adviser. Any individual or company whose Securities are held on its behalf by a broker, dealer, bank, custodian, trust company or other nominee or intermediary must contact such entity if it wishes to tender Securities in the Offer (or to validly withdraw any such tender). None of the Offeror, the Dealer Managers, the Information & Tender Agent and any person who controls, or is a director, officer, employee or agent of such persons, or any affiliate of such persons, makes any recommendation as to whether holders of Securities should participate in the Offer.

Cautionary Statement

Certain statements contained in this document, other than statements of historical fact, including, without limitation, those concerning the economic outlook for the gold mining industry, expectations regarding gold prices, production, total cash costs, all-in sustaining costs, all-in costs, cost savings and other operating results, return on equity, productivity improvements, growth prospects and outlook of AGA's operations, individually or in the aggregate, including the achievement of project milestones, commencement and completion of commercial operations of certain of AGA's exploration and production projects and the completion of acquisitions, dispositions or joint venture transactions, AGA's liquidity and capital resources and capital expenditures and the outcome and consequence of any potential or pending litigation or regulatory proceedings or environmental health and safety issues, are forward-looking statements regarding AGA'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 AGA's actual results, performance or achievements to differ materially from the anticipated results, performance or achievements expressed or implied in these forward-looking statements. Although AGA believes that the expectations reflected in such forward-looking statements and forecasts are reasonable, no assurance can be given that such expectations will prove to have been correct. Accordingly, results could differ materially from those set out in the forward-looking statements as a result of, among other factors, changes in economic, social and political and market conditions, the success of business and operating initiatives, changes in the regulatory environment and other government actions, including environmental approvals, fluctuations in gold prices and exchange rates, the outcome of pending or future litigation proceedings, any supply chain disruptions, any public health crises, pandemics or epidemics (including the COVID-19 pandemic), and other business and operational risks and other factors, including mining accidents. For a discussion of such risk factors, refer to AGA's annual report on Form 20-F for the year ended December 31, 2020, which has been filed with the United States Securities and Exchange Commission (the "SEC"), as well as the preliminary prospectus supplement dated October 18, 2021, which has also been filed with the SEC. These factors are not necessarily all of the important factors that could cause AGA's actual results to differ materially from those expressed in any forward-looking statements. Other unknown or unpredictable factors could also have material adverse effects on future results. Consequently, readers are cautioned not to place undue reliance on forward-looking statements. AGA undertakes no obligation to update publicly or release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events, except to the extent required by applicable law. All subsequent written or oral forward-looking statements attributable to AGA or any person acting on its behalf are qualified by the cautionary statements herein.

OFFER AND DISTRIBUTION RESTRICTIONS

This announcement and the Offer to Purchase do not constitute an offer or an invitation to participate in the Offer in any jurisdiction in which, or to any person to or from whom, it is unlawful to make such offer or invitation or for there to be such participation under applicable laws. The distribution of this announcement and the Offer to Purchase in certain jurisdictions may be restricted by law. Persons into whose possession this announcement or the Offer to Purchase comes are required by the Offeror, the Dealer Managers and the Information & Tender Agent to inform themselves about and to observe any such restrictions.

United Kingdom