RNS Number:7605M
Ashanti Goldfields Company Ld
25 June 2003


For Immediate Release                                               25 June 2003


                   Ashanti Chief Executive Sam Jonah Knighted

Ashanti Goldfields Company Limited (Ashanti) is delighted to announce that Dr.
Sam Jonah, the Chief Executive Officer, is today being formally awarded a
Knighthood at St. James's Palace. This follows an announcement late last year by
the British High Commission in Ghana that Her Majesty, Queen Elizabeth II of
Great Britain & Northern Ireland and Head of the Commonwealth, had honoured him
with an Honorary Knighthood.

The award is in recognition of Dr. Jonah's exceptional achievements as an
African businessman, a leading business executive from the Commonwealth and an
international public figure.  Under his leadership, Ashanti Goldfields, a single
mine company in 1994, has evolved to a multinational gold producer, with three
mines in Ghana and three others in Tanzania, Guinea and Zimbabwe, each being the
largest in their respective country.

As a non-British citizen, the award by Her Majesty the Queen is in the honorary
category, and Dr. Jonah will now be addressed as Mr Sam Esson Jonah, KBE.

Ends

Enquiries:



Ashanti Goldfields Company Limited

Kweku Awotwi, MD Responsible for Investor Relations           +233 24-317-635
Corinne Gaisie: UK Representative                             +44-207-256-9938

Grandfield (Media Enquiries)
Matthew Jervois                                               +44 207-417-4170





Notes to Editors:

Ashanti Goldfields Company Limited (Ashanti) is an African-based international
gold mining and exploration group with six producing mines in four African
countries: Ghana, Guinea, Tanzania and Zimbabwe. The mines in which the Group
has interests have over 27 million ounces of proved and probable gold reserves
and Ashanti has exploration projects in eight African countries. Ashanti is
listed on four international stock exchanges.

In addition to his role as Chief Executive of Ashanti, Dr. Jonah serves on the
Business Advisory Council of the United Nations Office for Project Services
(UNOPS), the International Investment Advisory Council of the Republic of South
Africa and the President's Investors Advisory Council in Ghana.  Dr. Jonah is on
the boards of Lonmin Plc, the Commonwealth African Investment Fund (COMAFIN) and
Ecobank Transnational Incorporated (ETI). He is also a member of the United
Nation's Global Compact on governance.

Dr Jonah is a member of the African Advisory Board of the London Business
School, the governing body of the School of Oriental and African Studies of the
University of London as well as a member of the Camborne School of Mines' Trust
at the University of Exeter in the United Kingdom. He is also Chancellor of the
University of Cape Coast, in Ghana.

Dr. Jonah has received several awards and honours, including an honorary Doctor
of Science (D.Sc.) degree awarded jointly from his alma mater, the Camborne
School of Mines and the University of Exeter (UK) thus making him only the
second past student in Camborne's history to be so honoured.



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