Remuneration report

Executive directors, executive officers and other managers
    RM Godsell (1) R Carvalho Silva N F Nicolau (1) S Venkatakrishnan Total
Directors
Total
Executive Officers
(2)
Total
Other
(2)
Total
Scheme
Granted and outstanding at 1 January, 2006                
Number   239,735 54,815 56,635 14,865 366,050 423,415 3,607,690 4,397,155
Average exercise/issue price per share – R 117.58 168.98 139.24 123.85 147.84 199.43 188.17
Granted during the year (3)                  
Number   29,390 14,345 14,345 14,725 72,805 88,470 409,510 570,785
Average issue price per share – R
Exercised during the year                  
Number   9,200 17,600 26,800 35,700 335,899 398,399
Average exercise/issue price per share – R 104.00 147.69 132.69 131.38 127.73 128.39
Average market price per share at date of exercise – R 343.62   345.00   344.52 341.75 329.82 331.88
Pre-tax gain before expenses at date of exercise – R value 2,204,467.20 3,472,640.00 5,677,107.20 7,510,106.73 67,884,192.29 81,071,406.22
Lapsed during the year                  
Number   6,306 363,415 369,721
Average exercise/issue price per share – R 210.22 206.64
Held at 31 December, 2006                  
Number   259,925 69,160 53,380 29,590 412,055 469,879 3,317,886 4,199,820
Average exercise/issue price per share – R 104.76 133.93 99.04 101.39 123.24 180.89 166.64
                   
Subsequent to year end                  
(to 31 January 2007)                  
Exercised                  
Number   494 1,124 1,618
Average exercise/issue price per share – R 80.43 55.87
Average market price per share at date of exercise – R 325.15 333.23 330.76
Pre-tax gain before expenses at date of exercise – R value 160,624.10 284,153.00 444,777.10
Lapsed                  
Number  
Average exercise/issue price per share – R
Held at 31 January 2007                  
Number   259,925 69,160 53,380 29,590 412,055 469,385 3,316,762 4,198,202
Average exercise/issue price per share – R 104.76 133.93 99.04 101.39 123.37 180.93 166.68
Latest expiry date   31 July 2016 31 July 2016 31 July 2016 31 July 2016   31 July 2016 8 March 2016  
(1)
  
On exercising of options granted in terms of the AngloGold share incentive scheme, Messrs Godsell and Nicolau applied proceeds from the sale of the shares to acquire 3,833 (2005: 8,717) and 2,900 AngloGold Ashanti shares respectively.
(2)
  
As a result in the change of status, the following movements to opening balances were made:
    Quantity Average exercise
From director status to other management: 117,230 188.10
From other management to executive officer 33,080 142.06
From executive officer to other management 12,000 287.12
(3) Awards granted in 2005 and 2006 are grated at nil cost to participant.
Of the 4,199,820 options or rights granted and outstanding at 31 December 2006, 2,147,660 options are fully vested, and 911,400 options will vest on 1 November 2007.