EXHIBIT 19.8

PRINCIPAL SUBSIDIARIES AND OPERATING ENTITIES AS AT 31 DECEMBER



|                                                         |  |                          |  |                  |               |              |                  |  |               |                 |  |       |  |      
|-------------------------------------------------------- |  | ------------------------ |  | ---------------- | ------------- | ------------ | ---------------- |  | ------------- | --------------- |  | ----- |  | -----
|                                                         |  | Country of
Incorporation |  | Shares
held 2013 |               |              | Shares
held 2012 |  |               | Percentage held
|                                                         |  |                          |  | percent
2013     |               | percent
2012
|Principal subsidiaries                                   |  |                          |  |                  |               |              |                  |  |               |                 |  |       |  |      
|AngloGold Ashanti Australia Limited                      |  | 2                        |  |                  | 257,462,077   |              |                  |  | 257,462,077   |                 |  | 100   |  | 100  
|AngloGold Ashanti Holdings plc                           |  | 6                        |  |                  | 5,105,738,016 |              |                  |  | 4,778,273,521 |                 |  | 100   |  | 100  
|AngloGold Ashanti Holdings Finance
plc                   |  | 6                        |  |                  | 100           |              |                  |  | 100           |                 |  | 100   |  | 100  
|AngloGold Ashanti USA Incorporated                       |  | 12                       |  |                  | 237           |              |                  |  | 237           |                 |  | 100   |  | 100  
|AngloGold Ashanti USA Incorporated(*)                    |  |                          |  |                  | 500           |              |                  |  | 500           |                 |  |       |  |      
|                                                         |  |                          |  |                  |              
|                                                         |  |                          |  |                  |               |              |                  |  |               |                 |  |       |  |      
|Operating entities (1)                                   |  |                          |  |                  |               |              |                  |  |               |                 |  |       |  |      
|AngloGold Ashanti Córrego do Sítio
Mineração S.A         |  | 3                        |  |                  | 4,167,085,000 |              |                  |  | 4,167,085,000 |                 |  | 100   |  | 100  
|AngloGold Ashanti (Ghana) Limited(2)                     |  | 4                        |  |                  | 132,419,585   |              |                  |  | 132,419,585   |                 |  | 100   |  | 100  
|AngloGold Ashanti (Iduapriem) Limited                    |  | 4                        |  |                  | 66,270        |              |                  |  | 66,270        |                 |  | 100   |  | 100  
|AngloGold Australia Limited(3)                           |  | 2                        |  |                  | 257,462,077   |              |                  |  | 257,462,077   |                 |  | 100   |  | 100  
|AngloGold Namibia (Pty) Ltd(4)                           |  | 9                        |  |                  | 10,000        |              |                  |  | 10,000        |                 |  | 100   |  | 100  
|Cerro Vanguardia S.A.                                    |  | 1                        |  |                  | 13,875,000    |              |                  |  | 13,875,000    |                 |  | 92.50 |  | 92.50
|AngloGold Ashanti (Colorado) Corp(5)                     |  | 12                       |  |                  | 1,250         |              |                  |  | 1,250         |                 |  | 100   |  | 100  
|Geita Gold Mining Limited                                |  | 11                       |  |                  | 123,382,772   |              |                  |  | 123,382,772   |                 |  | 100   |  | 100  
|Kibali (Jersey) Limited(6) (7)                           |  | 7                        |  |                  | 2,214         |              |                  |  | 2,214         |                 |  | 50    |  | 50   
|Mineração Serra Grande
S.A.                              |  | 3                        |  |                  | 1,999,999     |              |                  |  | 1,999,999     |                 |  | 100   |  | 100  
|Société AngloGold Ashanti de
Guinée S.A.                 |  | 5                        |  |                  | 3,486,134     |              |                  |  | 3,486,134     |                 |  | 85    |  | 85   
|Société des Mines de Morila S.A.(6)                      |  | 8                        |  |                  | 400           |              |                  |  | 400           |                 |  | 40    |  | 40   
|Société dExploitation des Mines
dOr de Sadiola S.A.(6) |  | 8                        |  |                  | 41,000        |              |                  |  | 41,000        |                 |  | 41    |  | 41   
|Société dExploitation des Mines dOr de Yatela S.A.(6)  |  | 8                        |  |                  | 400           |              |                  |  | 400           |                 |  | 40    |  | 40   

Principal subsidiaries are those subsidiaries that hold material contracts and/or act as borrowers and/or
guarantors of such material contracts, or operating mines



|* | Indicates preference shares
|- | ---------------------------



|(1) | All the operations in South Africa, namely, Mine Waste Solutions, Great Noligwa, Kopanang, Moab Khotsong, Mponeng, and TauTona are held by the parent
company, AngloGold Ashanti Limited.
|--- | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

|(2) | Operates the Obuasi mine in Ghana.
|--- | ----------------------------------

|(3) | Owner of the Sunrise Dam operation and the Tropicana joint venture in Australia.
|--- | --------------------------------------------------------------------------------

|(4) | A binding agreement for the sale of the company was signed on 10 February 2014, subject to certain conditions.
|--- | --------------------------------------------------------------------------------------------------------------

|(5) | Operates the Cripple Creek & Victor gold mine.
|--- | ----------------------------------------------

|(6) | Represents a joint venture entity.
|--- | ----------------------------------

|(7) | Operates the Kibali mine in the Democratic Republic of the Congo.
|--- | -----------------------------------------------------------------



|                               |  |    |  |                         
|------------------------------ |  | -- |  | ------------------------
|Country of incorporation  key |  |    |  |                         
|1 Argentina                    |  | 7  |  | Jersey                  
|2 Australia                    |  | 8  |  | Mali                    
|3 Brazil                       |  | 9  |  | Namibia                 
|4 Ghana                        |  | 10 |  | South Africa            
|5 Republic of Guinea           |  | 11 |  | Tanzania                
|6 Isle of Man                  |  | 12 |  | United States of America



E-5