AngloGold Limited                               

                                 ("AngloGold")                                 

                     (Registration number 1944/017354/06)                      

                (Incorporated in the Republic of South Africa)                 

                              JSE Share Code: ANG                              

                              ISIN: ZAE000043485                               

                        FURTHER CAUTIONARY ANNOUNCEMENT                        

A cautionary announcement was released on 16 May 2003 in relation to a
potential merger between Ashanti Goldfields Company Limited ("Ashanti") and
AngloGold at a ratio of 26 AngloGold shares for every 100 Ashanti ordinary
shares or global depositary securities.

AngloGold has been notified that the Government of Ghana, a substantial
shareholder and regulator of Ashanti, is to take appropriate professional
advice in considering the proposed merger. AngloGold welcomes this development
as an important step forward in the discussions with key stakeholders.
Accordingly, shareholders are advised to continue to exercise caution when
dealing in AngloGold's securities until a further announcement is made.

Johannesburg

13 June 2003

JSE Sponsor: UBS

Except for the historical information contained herein, the matters discussed
in this news release are forward-looking statements within the meaning of
Section 27A of the U.S. Securities Act of 1933 and Section 21E of the U.S.
Securities Exchange Act of 1934. For a discussion of important factors and
risks involved in AngloGold's business, refer to AngloGold's annual report on
Form 20-F for the year ended 31 December 2002 which was filed with the U.S.
Securities and Exchange Commission ("SEC") on 7 April 2003.

AngloGold does not undertake any obligation to update publicly or release any
revisions to publicly update any forward-looking statements discussed in this
news release, whether as a result of new information, future events or
otherwise.

In the event a transaction is entered into between AngloGold and Ashanti,
AngloGold will file important documents with the SEC. In the event a
transaction is entered into, investors and security holders are urged to
carefully read all such documents filed with the SEC, because these documents
will contain important information. Investors and security holders will be able
to obtain a free copy of any such documents at the SEC's web site at
www.sec.gov or by directing a request to AngloGold Limited, 14th Floor, 11
Diagonal Street, Johannesburg 2001, South Africa, Attention: Chris Bull,
Company Secretary.



END