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  <BODY bgcolor="#A0A0A0" vlink="blue" link="blue"><FONT style="font-family:Times;font-size:9pt;color:#000000;"><DIV style="position:relative;width:892;height:1263;page-break-before:always;">
  <p align="left">
  <IMG width="892" height="1263" src="anglos8001.gif" alt="background image">
  <DIV style="position:absolute;top:82;left:446"><font style="font-size:12pt;"><b> </b></font></DIV>
  <DIV style="position:absolute;top:100;left:218">
    <p align="left"><font style="font-size:12pt;"><b>As filed with the Securities and Exchange Commission on March 19, 2004 </b></font></DIV>
  <DIV style="position:absolute;top:118;left:105"><font style="font-size:12pt;"><b> </b></font></DIV>
  <DIV style="position:absolute;top:118;left:420"><font style="font-size:12pt;"><b> </b></font></DIV>
  <DIV style="position:absolute;top:118;left:525">
    <p align="left"><font style="font-size:12pt;"><b>Registration No. 333-              </b></font></DIV>
  <DIV style="position:absolute;top:116;left:709"><font style="font-size:13pt;"> </font></DIV>
  <DIV style="position:absolute;top:131;left:105"><font style="font-size:12pt;"><b> </b></font></DIV>
  <DIV style="position:absolute;top:166;left:227">
    <p align="left"><font style="font-size:18pt;"><b>SECURITIES AND EXCHANGE COMMISSION </b></font></DIV>
  <DIV style="position:absolute;top:189;left:354">
    <p align="left"><font style="font-size:13pt;"><b>Washington, D.C.  20549 </b></font></DIV>
  <DIV style="position:absolute;top:209;left:392">
    <p align="left"><font style="font-size:12pt;">_______________ </font></DIV>
  <DIV style="position:absolute;top:227;left:398">
    <p align="left"><font style="font-size:18pt;"><b>FORM S-8 </b></font></DIV>
  <DIV style="position:absolute;top:250;left:321">
    <p align="left"><font style="font-size:13pt;"><b>REGISTRATION STATEMENT </b></font></DIV>
  <DIV style="position:absolute;top:266;left:423">
    <p align="left"><font style="font-size:13pt;"><b>Under </b></font></DIV>
  <DIV style="position:absolute;top:283;left:318">
    <p align="left"><font style="font-size:13pt;"><b>THE SECURITIES ACT OF 1933 </b></font></DIV>
  <DIV style="position:absolute;top:301;left:400">
    <p align="left"><b>________________ </b></DIV>
  <DIV style="position:absolute;top:333;left:362">
    <p align="left"><font style="font-size:18pt;"><b>AngloGold Limited </b></font></DIV>
  <DIV style="position:absolute;top:358;left:324">
    <p align="left">(Exact name of Registrant as specified in its charter) </DIV>
  <DIV style="position:absolute;top:374;left:446"> </DIV>
  <DIV style="position:absolute;top:387;left:170">
    <p align="left"><font style="font-size:14pt;"><b>South Africa</b></font></DIV>
  <DIV style="position:absolute;top:389;left:258"><font style="font-size:12pt;"><b> </b></font></DIV>
  <DIV style="position:absolute;top:405;left:147">
    <p align="left">(State or other jurisdiction of </DIV>
  <DIV style="position:absolute;top:419;left:144">
    <p align="left">incorporation or organization)</DIV>
  <DIV style="position:absolute;top:416;left:285"><font style="font-size:12pt;"><b> </b></font></DIV>
  <DIV style="position:absolute;top:403;left:446"> </DIV>
  <DIV style="position:absolute;top:387;left:622">
    <p align="left"><font style="font-size:14pt;"><b>Not Applicable</b></font></DIV>
  <DIV style="position:absolute;top:389;left:725"><font style="font-size:12pt;"><b> </b></font></DIV>
  <DIV style="position:absolute;top:405;left:634">
    <p align="left">(I.R.S. Employer  </DIV>
  <DIV style="position:absolute;top:419;left:620">
    <p align="left">Identification Number)<b> </b></DIV>
  <DIV style="position:absolute;top:463;left:131"> </DIV>
  <DIV style="position:absolute;top:433;left:383">
    <p align="left"><font style="font-size:14pt;"><b>11 Diagonal Street </b></font></DIV>
  <DIV style="position:absolute;top:451;left:378">
    <p align="left"><font style="font-size:14pt;"><b>Johannesburg, 2001 </b></font></DIV>
  <DIV style="position: absolute; top: 470; left: 299; width: 593; height: 22">
    <p align="left"><font style="font-size:14pt;"><b>(P.O. Box 62117, Marshalltown, 2107) </b></font></DIV>
  <DIV style="position:absolute;top:488;left:402">
    <p align="left"><font style="font-size:14pt;"><b>South Africa</b></font></DIV>
  <DIV style="position:absolute;top:492;left:490"><b> </b></DIV>
  <DIV style="position:absolute;top:463;left:595"> </DIV>
  <DIV style="position:absolute;top:506;left:324">
    <p align="left">(Address of Registrant's principal executive offices) </DIV>
  <DIV style="position:absolute;top:538;left:282">
    <p align="left"><font style="font-size:13pt;"><b>AngloGold Limited Share Incentive Scheme </b></font></DIV>
  <DIV style="position:absolute;top:558;left:309">
    <p align="left"><font style="font-size:13pt;"><b>(as amended through April 30, 2002) </b></font></DIV>
  <DIV style="position:absolute;top:577;left:396">
    <p align="left">(Full title of the plan)  </DIV>
  <DIV style="position:absolute;top:591;left:392">
    <p align="left"><font style="font-size:12pt;">_______________ </font></DIV>
  <DIV style="position:absolute;top:621;left:349">
    <p align="left"><font style="font-size:12pt;"><b>AngloGold North America Inc. </b></font></DIV>
  <DIV style="position:absolute;top:638;left:337">
    <p align="left"><font style="font-size:12pt;"><b>7400 East Orchard Road, Suite 350 </b></font></DIV>
  <DIV style="position:absolute;top:655;left:352">
    <p align="left"><font style="font-size:12pt;"><b>Greenwood Village, CO 80111 </b></font></DIV>
  <DIV style="position:absolute;top:671;left:377">
    <p align="left"><font style="font-size:12pt;"><b>Tel: +1 (303) 889-0700 </b></font></DIV>
  <DIV style="position:absolute;top:688;left:274">
    <p align="left"><font style="font-size:12pt;">(Name, address and telephone number of agent for service) </font></DIV>
  <DIV style="position:absolute;top:705;left:381">
    <p align="left"><font style="font-size:13pt;"><b>_______________ </b></font></DIV>
  <DIV style="position:absolute;top:726;left:417">
    <p align="left"><font style="font-size:12pt;">Copies to: </font></DIV>
  <DIV style="position:absolute;top:743;left:366">
    <p align="left"><font style="font-size:12pt;"><b>Doreen E. Lilienfeld, Esq. </b></font></DIV>
  <DIV style="position:absolute;top:759;left:370">
    <p align="left"><font style="font-size:12pt;">Shearman &amp; Sterling LLP </font></DIV>
  <DIV style="position:absolute;top:776;left:400">
    <p align="left"><font style="font-size:12pt;">Broadgate West </font></DIV>
  <DIV style="position:absolute;top:793;left:400">
    <p align="left"><font style="font-size:12pt;">9 Appold Street </font></DIV>
  <DIV style="position:absolute;top:809;left:361">
    <p align="left"><font style="font-size:12pt;">London, England EC2A 2AP </font></DIV>
  <DIV style="position:absolute;top:826;left:371">
    <p align="left"><font style="font-size:12pt;">Tel: +44 (0)20 7655 5942 </font></DIV>
  <DIV style="position:absolute;top:843;left:446"><font style="font-size:12pt;"> </font></DIV>
  <DIV style="position:absolute;top:860;left:305">
    <p align="left"><font style="font-size:12pt;"><b>CALCULATION OF REGISTRATION FEE</b></font></DIV>
  <DIV style="position:absolute;top:857;left:588"><font style="font-size:13pt;"><b> </b></font></DIV>
  <DIV style="position:absolute;top:892;left:178">
    <p align="left"><b>Title of Securities to be </b></DIV>
  <DIV style="position:absolute;top:905;left:209">
    <p align="left"><b>Registered </b></DIV>
  <DIV style="position:absolute;top:892;left:380">
    <p align="left"><b>Amount to be </b></DIV>
  <DIV style="position:absolute;top:905;left:379">
    <p align="left"><b>Registered (2) </b></DIV>
  <DIV style="position:absolute;top:892;left:472">
    <p align="left"><b>Proposed Maximum </b></DIV>
  <DIV style="position:absolute;top:905;left:477">
    <p align="left"><b>Offering Price per </b></DIV>
  <DIV style="position: absolute; top: 917; left: 502; width: 390; height: 19">
    <p align="left"><b>Share(3) </b></DIV>
  <DIV style="position:absolute;top:892;left:585">
    <p align="left"><b>Proposed Maximum </b></DIV>
  <DIV style="position:absolute;top:905;left:588">
    <p align="left"><b>Aggregate Offering </b></DIV>
  <DIV style="position: absolute; top: 917; left: 616; width: 276; height: 19">
    <p align="left"><b>Price(3) </b></DIV>
  <DIV style="position:absolute;top:892;left:716">
    <p align="left"><b>Amount of </b></DIV>
  <DIV style="position:absolute;top:905;left:702">
    <p align="left"><b>Registration Fee </b></DIV>
  <DIV style="position: absolute; top: 937; left: 111; right: 533; text-align: justify; width: 781; height: 19">
    <p align="left"><font style="font-size:11pt;line-height:17px;">Ordinary Shares of AngloGold Limited,&nbsp;<br>
   par  value ZAR0.25 per share(1)</font></DIV>
  <DIV style="position:absolute;top:955;left:258">  </DIV>
  <DIV style="position: absolute; top: 938; left: 390; width: 502; height: 19">
    <p align="left">1,000,000&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
    $42.63&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
    $42,630,000 </DIV>
  <DIV style="position:absolute;top:938;left:719">
    <p align="left">$5,052.80 </DIV>
  <DIV style="position:absolute;top:984;left:131">
    <p align="left">(1) </DIV>
  <DIV style="position:absolute;top:984;left:184;right:93;text-align:justify">
    <p align="left"><font style="line-height:13px;">The ordinary shares may be represented by American Depositary Receipts
    (&quot;<u>ADRs</u>&quot;), each of which currently represents one  ordinary share.  A separate registration statement on Form F-6 (Registration No. 333-14066) has been filed for the registration of  American Depositary Shares evidenced by the ADRs issuable upon the deposit of the ordinary shares registered hereby.    </font></DIV>
  <DIV style="position:absolute;top:1025;left:131">
    <p align="left">(2) </DIV>
  <DIV style="position:absolute;top:1025;left:184;right:99;text-align:justify">
    <p align="left"><font style="line-height:13px;">Pursuant to Rule 416(c) under the Securities Act of 1933, as amended (the
    &quot;<u>Securities Act</u>&quot;), there is also being registered such  number of additional shares that may become available for purchase pursuant to the AngloGold Limited Share Incentive Scheme  (as amended) in the event of certain changes in the outstanding ordinary shares, including reorganizations, mergers,  recapitalizations, restructurings, stock dividends, stock splits, reverse stock splits and reclassifications.   </font></DIV>
  <DIV style="position:absolute;top:1078;left:131">
    <p align="left">(3) </DIV>
  <DIV style="position:absolute;top:1078;left:184;right:99;text-align:justify">
    <p align="left"><font style="line-height:13px;">Estimated solely for the purpose of calculating the registration fee pursuant to Rule 457(c) and 457(h) under the Securities Act,  based upon the average of the high and low prices for the Registrant's ADRs representing the Registrant's ordinary shares  reported on the New York Stock Exchange on March 17, 2004. </font></DIV>
  <DIV style="position:absolute;top:1119;left:105"> </DIV>
  </DIV>
  </FONT><FONT style="font-family:Times;font-size:13pt;color:#000000;"><DIV style="position:relative;width:892;height:1263;page-break-before:always;">
  <p align="left">
  <IMG width="892" height="1263" src="anglos8002.gif" alt="background image">
  <DIV style="position:absolute;top:1114;left:105"><font style="font-size:12pt;"> </font></DIV>
  <DIV style="position:absolute;top:159;left:209">
    <p align="left"><b>STATEMENT PURSUANT TO GENERAL INSTRUCTION E </b></DIV>
  <DIV style="position:absolute;top:180;left:390">
    <p align="left"><b>TO FORM S-8</b> </DIV>
  <DIV style="position:absolute;top:217;left:210">
    <p align="left">The contents of our Registration Statement on Form S-8 (File No. 333-10990), </DIV>
  <DIV style="position:absolute;top:237;left:105;right:88;text-align:justify">
    <p align="left"><font style="line-height:20px;">filed with the Securities and Exchange Commission (the
    &quot;<u>Commission</u>&quot;) on October 8, 1999   (the &quot;<u>Prior Registration
    Statement</u>&quot;), and our two Current Reports on Form 6-K, furnished to the  Commission on March 19, 2004, are hereby incorporated by reference. </font></DIV>
  <DIV style="position:absolute;top:315;left:366">
    <p align="left"><u>Explanatory Statement</u> </DIV>
  <DIV style="position:absolute;top:353;left:210">
    <p align="left">This Registration Statement covers 1,000,000 ordinary shares of AngloGold </DIV>
  <DIV style="position:absolute;top:373;left:105;right:131;text-align:justify">
    <p align="left"><font style="line-height:20px;">Limited that may be offered and sold from time to time under the AngloGold Limited Share  Incentive Scheme (as amended through April 30, 2002) (the
    &quot;<u>Scheme</u>&quot;). </font></DIV>
  <DIV style="position:absolute;top:431;left:210">
    <p align="left">The Prior Registration Statement covered 189,000 Shares (as adjusted) subject to </DIV>
  <DIV style="position:absolute;top:451;left:105;right:100;text-align:justify">
    <p align="left"><font style="line-height:20px;">then currently outstanding awards and 309,000 (as adjusted) Shares available for future issuances  under the Scheme, for an aggregate number of 498,000 Shares.</font></DIV>
  <DIV style="position:absolute;top:475;left:546">
    <p align="left"><font style="font-size:5pt;">1</font></DIV>
  <DIV style="position:absolute;top:471;left:550">
    <p align="left">  At the general meeting held on </DIV>
  <DIV style="position:absolute;top:491;left:105;right:95;text-align:justify">
    <p align="left"><font style="line-height:20px;">April 30, 2002, our shareholders approved amendments to the Scheme that provide for the grant  of performance related options, which may be exercised in full three years after the date of grant,  subject to the attainment of specified performance conditions.  Performance related options are  the only type of option which may be presently granted under the Scheme.  Prior to such  amendments, options granted under the Scheme vested over a five-year period on the second,  third, fourth and fifth anniversaries of the date of grant.  No further time vested options will be  granted and February 1, 2012 is the last date that these options may be exercised, or they will  lapse. </font></DIV>
  <DIV style="position:absolute;top:669;left:210">
    <p align="left">In addition to the amendments approved at the general meeting of the Registrant's </DIV>
  <DIV style="position:absolute;top:690;left:105;right:99;text-align:justify">
    <p align="left"><font style="line-height:20px;">shareholders held on April 30, 2002, there have been several other minor amendments made to  the Scheme. </font></DIV>
  <DIV style="position:absolute;top:747;left:105">
    <p align="left"><font style="font-size:12pt;">. </font></DIV>
  <DIV style="position:absolute;top:781;left:210"><font style="font-size:12pt;"> </font></DIV>
  <DIV style="position:absolute;top:969;left:105"><font style="font-size:12pt;">                                                           </font></DIV>
  <DIV style="position:absolute;top:986;left:105">
    <p align="left"><font style="font-size:6pt;">1</font></DIV>
  <DIV style="position:absolute;top:986;left:109"><font style="font-size:12pt;">  </font></DIV>
  <DIV style="position:absolute;top:986;left:137;right:101;text-align:justify">
    <p align="left"><font style="font-size:12pt;line-height:16px;">The Prior Registration Statement as filed with the SEC on October 8, 1999, registered 94,500 ordinary shares  of the Registrant subject to outstanding awards under the Scheme and 154,500 ordinary shares of the  Registrant available for future awards under the Scheme.  Such ordinary shares of the Registrant then had a par  value of ZAR0.50 each. The Registrant effected a two-for-one share split, which became effective at the close  of business on December 24, 2002, resulting in an aggregate number of 498,000 ordinary shares being  registered on the Prior Registration Statement. </font></DIV>
  </DIV>
  </FONT><FONT style="font-family:Times;font-size:12pt;color:#000000;"><DIV style="position:relative;width:892;height:1263;page-break-before:always;">
  <p align="left">
  <IMG width="892" height="1263" src="anglos8003.gif" alt="background image">
  <DIV style="position:absolute;top:1116;left:105"><font style="font-size:9pt;"> </font></DIV>
  <DIV style="position:absolute;top:1114;left:446"> </DIV>
  <DIV style="position:absolute;top:159;left:399">
    <p align="left"><b>SIGNATURES </b></DIV>
  <DIV style="position:absolute;top:193;left:210">
    <p align="left">Pursuant to the requirements of the Securities Act of 1933, as amended, the registrant, AngloGold </DIV>
  <DIV style="position:absolute;top:210;left:105;right:92;text-align:justify">
    <p align="left"><font style="line-height:16px;">Limited, a corporation duly organized and existing under the laws of the Republic of South Africa, certifies that it  has reasonable grounds to believe that it meets all the requirements for filing on Form S-8 and has duly caused this  registration statement to be signed on its behalf by the undersigned, thereunto duly authorized, in Johannesburg,  South Africa on the 16</font></DIV>
  <DIV style="position: absolute; top: 256; left: 246; width: 648; height: 19">
    <p align="left"><font style="font-size:7pt;">th</font></DIV>
  <DIV style="position: absolute; top: 256; left: 257; width: 635; height: 19">
    <p align="left"> day of March 2004. </DIV>
  <DIV style="position:absolute;top:295;left:538">
    <p align="left"><b>AngloGold Limited</b> </DIV>
  <DIV style="position:absolute;top:312;left:551;right:321;text-align:justify"><font style="line-height:16px;">   </font></DIV>
  <DIV style="position: absolute; top: 342; left: 538; width: 354; height: 19">
    <p align="left">By: /s/ Kelvin H Williams      </DIV>
  <DIV style="position: absolute; top: 364; left: 563; right: 107; text-align: justify; width: 329; height: 38">
    <p align="left"><font style="line-height:16px;">Name: Kelvin H Williams<b>  &nbsp;<br>
    </b>Title: Executive Director, Marketing  </font></DIV>
  <DIV style="position:absolute;top:395;left:105"> </DIV>
  <DIV style="position:absolute;top:412;left:364">
    <p align="left"><b>POWER OF ATTORNEY </b></DIV>
  <DIV style="position:absolute;top:446;left:210">
    <p align="left">Each of the undersigned do hereby constitute and appoint Jonathan G Best, Kelvin H Williams, </DIV>
  <DIV style="position:absolute;top:463;left:105;right:88;text-align:justify">
    <p align="left"><font style="line-height:16px;">Yedwa Z Simelane and Christopher R Bull and each of them, individually, his or her true and lawful attorneys-in- fact and agents, with full power of substitution and resubstitution, in his or her name, place and stead, in any and all  capacities (including his capacity as a director and/or officer of the registrant), to sign any and all amendments and  post-effective amendments and supplements to this registration statement, and to file the same, with all exhibits  thereto and other documents in connection therewith, with the SEC, granting unto said attorneys-in-fact and agents,  and each of them, full power and authority to do and perform each and every act and thing requisite and necessary to  be done in and about the premises, as fully to all intents and purposes as he might or could do in person, hereby  ratifying and confirming all that said attorneys-in-fact and agents or any of them, or his substitute, may lawfully do  or cause to be done by virtue hereof.  </font></DIV>
  <DIV style="position:absolute;top:632;left:105">
    <p align="left">Pursuant to the requirements of the Securities Act of 1933, this registration statement has been signed by the </DIV>
  <DIV style="position:absolute;top:665;left:105">
    <p align="left">following persons in the capacities and on the date indicated. </DIV>
  <DIV style="position: absolute; top: 705; left: 189; width: 703; height: 19">
    <p align="left">Signature&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
    Title </DIV>
  <DIV style="position:absolute;top:724;left:217"> </DIV>
  <DIV style="position:absolute;top:741;left:155">
    <p align="left">/s/ Robert M Godsell </DIV>
  <DIV style="position:absolute;top:724;left:492"> </DIV>
  <DIV style="position:absolute;top:759;left:164">
    <p align="left">Robert M Godsell </DIV>
  <DIV style="position:absolute;top:775;left:217"> </DIV>
  <DIV style="position:absolute;top:792;left:164">
    <p align="left">/s/ Russell P Edey </DIV>
  <DIV style="position:absolute;top:759;left:422">
    <p align="left">Chief Executive Officer </DIV>
  <DIV style="position:absolute;top:775;left:369">
    <p align="left">and Director (Principal Executive Officer) </DIV>
  <DIV style="position:absolute;top:792;left:492"> </DIV>
  <DIV style="position:absolute;top:810;left:172">
    <p align="left">Russell P Edey </DIV>
  <DIV style="position:absolute;top:826;left:217;right:656;text-align:justify"><font style="line-height:16px;">   </font></DIV>
  <DIV style="position:absolute;top:810;left:379">
    <p align="left">Chairman and Non-Executive Director </DIV>
  <DIV style="position:absolute;top:826;left:492;right:380;text-align:justify"><font style="line-height:16px;">   </font></DIV>
  <DIV style="position:absolute;top:861;left:169">
    <p align="left">Jonathan G Best </DIV>
  <DIV style="position:absolute;top:877;left:217;right:656;text-align:justify"><font style="line-height:16px;">   </font></DIV>
  <DIV style="position:absolute;top:911;left:156">
    <p align="left">/s/ David L Hodgson </DIV>
  <DIV style="position:absolute;top:861;left:407">
    <p align="left">Executive Director (Finance) </DIV>
  <DIV style="position:absolute;top:877;left:399">
    <p align="left">(Principal Financial Officer and </DIV>
  <DIV style="position:absolute;top:894;left:405">
    <p align="left">Principal Accounting Officer) </DIV>
  <DIV style="position:absolute;top:911;left:492"> </DIV>
  <DIV style="position:absolute;top:928;left:164">
    <p align="left">David L Hodgson </DIV>
  <DIV style="position:absolute;top:945;left:217"> </DIV>
  <DIV style="position:absolute;top:962;left:152">
    <p align="left">/s/ Kelvin H Williams </DIV>
  <DIV style="position:absolute;top:928;left:353">
    <p align="left">Chief Operating Officer and Executive Director </DIV>
  <DIV style="position:absolute;top:945;left:492;right:380;text-align:justify"><font style="line-height:16px;">   </font></DIV>
  <DIV style="position:absolute;top:979;left:161">
    <p align="left">Kelvin H Williams </DIV>
  <DIV style="position:absolute;top:996;left:217"> </DIV>
  <DIV style="position:absolute;top:1013;left:157">
    <p align="left">/s/ Frank B Arisman </DIV>
  <DIV style="position:absolute;top:979;left:400">
    <p align="left">Executive Director (Marketing) </DIV>
  <DIV style="position:absolute;top:1031;left:166">
    <p align="left">Frank B Arisman </DIV>
  <DIV style="position:absolute;top:1047;left:217"> </DIV>
  <DIV style="position:absolute;top:1064;left:149">
    <p align="left">/s/ Elisabeth R Bradley </DIV>
  <DIV style="position:absolute;top:1031;left:417">
    <p align="left">Director (Non-Executive) </DIV>
  <DIV style="position:absolute;top:1082;left:158">
    <p align="left">Elisabeth R Bradley </DIV>
  <DIV style="position:absolute;top:1082;left:417">
    <p align="left">Director (Non-Executive) </DIV>
  </DIV>
  </FONT><FONT style="font-family:Times;font-size:12pt;color:#000000;"><DIV style="position:relative;width:892;height:1263;page-break-before:always;">
  <IMG width="892" height="1263" src="anglos8004.gif" alt="background image">
  <DIV style="position:absolute;top:1116;left:105"><font style="font-size:9pt;"> </font></DIV>
  <DIV style="position:absolute;top:1114;left:446"> </DIV>
  <DIV style="position: absolute; top: 156; left: 187; width: 703; height: 19">Signature&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
    Title </DIV>
  <DIV style="position:absolute;top:177;left:217"> </DIV>
  <DIV style="position:absolute;top:193;left:154">/s/ Colin B Brayshaw </DIV>
  <DIV style="position:absolute;top:211;left:163">Colin B Brayshaw </DIV>
  <DIV style="position:absolute;top:228;left:217"> </DIV>
  <DIV style="position:absolute;top:244;left:161">/s/ Anthony W Lea </DIV>
  <DIV style="position:absolute;top:211;left:417">Director (Non-Executive) </DIV>
  <DIV style="position:absolute;top:262;left:170">Anthony W Lea </DIV>
  <DIV style="position:absolute;top:279;left:217;right:656;text-align:justify"><font style="line-height:16px;">   </font></DIV>
  <DIV style="position:absolute;top:262;left:417">Director (Non-Executive) </DIV>
  <DIV style="position:absolute;top:312;left:217"> </DIV>
  <DIV style="position:absolute;top:312;left:492"> </DIV>
  <DIV style="position:absolute;top:329;left:217"> </DIV>
  <DIV style="position:absolute;top:329;left:492"> </DIV>
  <DIV style="position:absolute;top:346;left:217"> </DIV>
  <DIV style="position:absolute;top:346;left:492"> </DIV>
  <DIV style="position:absolute;top:363;left:148">/s/ Thokoana J Motlatsi </DIV>
  <DIV style="position:absolute;top:363;left:492"> </DIV>
  <DIV style="position:absolute;top:380;left:157">Thokoana J Motlatsi </DIV>
  <DIV style="position:absolute;top:397;left:217"> </DIV>
  <DIV style="position:absolute;top:414;left:158">/s/ William A Nairn </DIV>
  <DIV style="position:absolute;top:380;left:351">Deputy Chairman and Director (Non-Executive) </DIV>
  <DIV style="position:absolute;top:431;left:167">William A Nairn </DIV>
  <DIV style="position:absolute;top:448;left:217;right:656;text-align:justify"><font style="line-height:16px;">   </font></DIV>
  <DIV style="position:absolute;top:431;left:417">Director (Non-Executive) </DIV>
  <DIV style="position:absolute;top:482;left:143">Nicholas F Oppenheimer </DIV>
  <DIV style="position:absolute;top:499;left:217"> </DIV>
  <DIV style="position:absolute;top:516;left:134">/s/ Julian Ogilvie Thompson </DIV>
  <DIV style="position:absolute;top:482;left:417">Director (Non-Executive) </DIV>
  <DIV style="position:absolute;top:533;left:142">Julian Ogilvie Thompson </DIV>
  <DIV style="position:absolute;top:550;left:217;right:656;text-align:justify"><font style="line-height:16px;">   </font></DIV>
  <DIV style="position:absolute;top:533;left:417">Director (Non-Executive) </DIV>
  <DIV style="position:absolute;top:584;left:165">Anthony J Trahar </DIV>
  <DIV style="position:absolute;top:601;left:217"> </DIV>
  <DIV style="position:absolute;top:618;left:154">/s/ Peter V O'Connor </DIV>
  <DIV style="position:absolute;top:584;left:417">Director (Non-Executive) </DIV>
  <DIV style="position:absolute;top:635;left:163">Peter V O'Connor </DIV>
  <DIV style="position:absolute;top:652;left:217"> </DIV>
  <DIV style="position:absolute;top:669;left:161">/s/ David D Barber </DIV>
  <DIV style="position:absolute;top:635;left:414">Authorized Representative  </DIV>
  <DIV style="position:absolute;top:652;left:435">In the United States </DIV>
  <DIV style="position:absolute;top:686;left:170">David D Barber </DIV>
  <DIV style="position:absolute;top:703;left:217"> </DIV>
  <DIV style="position:absolute;top:720;left:160">/s/ Arthur H Calver </DIV>
  <DIV style="position:absolute;top:686;left:439">Alternate Director </DIV>
  <DIV style="position:absolute;top:737;left:169">Arthur H Calver </DIV>
  <DIV style="position:absolute;top:754;left:217"> </DIV>
  <DIV style="position:absolute;top:771;left:158">/s/ Peter G Whitcutt </DIV>
  <DIV style="position:absolute;top:737;left:439">Alternate Director </DIV>
  <DIV style="position:absolute;top:788;left:167">Peter G Whitcutt </DIV>
  <DIV style="position:absolute;top:805;left:217"> </DIV>
  <DIV style="position:absolute;top:788;left:439">Alternate Director </DIV>
  <DIV style="position:absolute;top:822;left:105;right:767;text-align:justify"><font style="line-height:16px;">   </font></DIV>
  </DIV>
  </FONT><FONT style="font-family:Times;font-size:13pt;color:#000000;"><DIV style="position:relative;width:892;height:1263;page-break-before:always;">
  <p align="left">
  <IMG width="892" height="1263" src="anglos8005.gif" alt="background image">
  <DIV style="position:absolute;top:1116;left:105"><font style="font-size:9pt;"> </font></DIV>
  <DIV style="position:absolute;top:1114;left:446"><font style="font-size:12pt;"> </font></DIV>
  <DIV style="position:absolute;top:159;left:395">
    <p align="left"><b>Exhibit Index </b></DIV>
  <DIV style="position:absolute;top:214;left:210">
    <p align="left">The following exhibits are filed as part of this Registration Statement: </DIV>
  <DIV style="position:absolute;top:252;left:105">
    <p align="left"><b>Exhibit No. </b></DIV>
  <DIV style="position:absolute;top:252;left:297">
    <p align="left"><b>Description of Document </b></DIV>
  <DIV style="position:absolute;top:290;left:105">
    <p align="left">4.1 </DIV>
  <DIV style="position:absolute;top:290;left:297;right:115;text-align:justify">
    <p align="left"><font style="line-height:20px;">Memorandum and Articles of Association of AngloGold Limited  (incorporated by reference from the Registrant's Registration  Statement on Form F-3, File No. 333-101891, as filed with the  Commission on December 17, 2002). </font></DIV>
  <DIV style="position:absolute;top:388;left:105">
    <p align="left">4.2 </DIV>
  <DIV style="position:absolute;top:388;left:297;right:98;text-align:justify">
    <p align="left"><font style="line-height:20px;">Form of Amended and Restated Deposit Agreement, dated as of June  26, 1998, and as amended as of August 5, 1998, among AngloGold  Limited, The Bank of New York, as depositary, and all holders from  time to time of ADRs issued thereunder (incorporated by reference  from the Registration Statement on Form F-6, File No. 333-14066, as  filed with the Commission). </font></DIV>
  <DIV style="position:absolute;top:526;left:105">
    <p align="left">4.3 </DIV>
  <DIV style="position:absolute;top:526;left:297;right:117;text-align:justify">
    <p align="left"><font style="line-height:20px;">Proposed Revised Form of Amended and Restated Deposit  Agreement (incorporated by reference from Post-Effective  Amendment No. 1 to the Registration Statement on Form F-6, File  No. 333-14066, as filed with the Commission on December 12,  2002). </font></DIV>
  <DIV style="position:absolute;top:644;left:105">
    <p align="left">4.4 </DIV>
  <DIV style="position:absolute;top:644;left:297;right:108;text-align:justify">
    <p align="left"><font style="line-height:20px;">AngloGold Limited Share Incentive Scheme (as amended through  April 30, 2002) (incorporated by reference from Exhibit 19.4(c) of  the Registrant's Annual Report on Form 20-F as filed with the  Commission on June 28, 2002). </font></DIV>
  <DIV style="position:absolute;top:742;left:105">
    <p align="left">5* </DIV>
  <DIV style="position:absolute;top:742;left:297;right:126;text-align:justify">
    <p align="left"><font style="line-height:20px;">Opinion of Mervyn Taback Incorporated as to the legality of the  shares being registered. </font></DIV>
  <DIV style="position:absolute;top:800;left:105">
    <p align="left">23.1* </DIV>
  <DIV style="position:absolute;top:800;left:297;right:113;text-align:justify">
    <p align="left"><font style="line-height:20px;">Consent of Ernst &amp; Young, Independent Accountants of AngloGold  Limited. </font></DIV>
  <DIV style="position:absolute;top:857;left:105">
    <p align="left">23.2* </DIV>
  <DIV style="position:absolute;top:857;left:297">
    <p align="left">Consent of Mervyn Taback Incorporated (included in Exhibit 5). </DIV>
  <DIV style="position:absolute;top:895;left:105">
    <p align="left">24* </DIV>
  <DIV style="position:absolute;top:895;left:297">
    <p align="left">Power of Attorney (included on signature pages). </DIV>
  <DIV style="position:absolute;top:934;left:105;right:649;text-align:justify">
    <p align="left"><font style="line-height:20px;">*    Filed herewith.     </font></DIV>
  </DIV>
  </FONT><FONT style="font-family:Times;font-size:12pt;color:#000000;"><DIV style="position:relative;width:892;height:1263;page-break-before:always;">
  <IMG width="892" height="1263" src="anglos8006.gif" alt="background image">
  <DIV style="position:absolute;top:1116;left:105"><font style="font-size:9pt;"> </font></DIV>
  <DIV style="position:absolute;top:1114;left:446"> </DIV>
  <DIV style="position:absolute;top:159;left:105"><font style="font-size:13pt;"> </font></DIV>
  <DIV style="position: absolute; top: 180; left: 718; width: 174; height: 19"><font style="font-size:13pt;"><b>EXHIBIT 5 </b></font></DIV>
  <DIV style="position:absolute;top:199;left:105;right:763;text-align:justify"><font style="font-size:13pt;line-height:20px;">   </font></DIV>
  <DIV style="position:absolute;top:240;left:375"><font style="font-size:13pt;"><b>LEGAL OPINION </b></font></DIV>
  <DIV style="position: absolute; top: 260; left: 683; width: 209; height: 29"><font style="font-size:19pt;"><b>TABACKS </b></font></DIV>
  <DIV style="position: absolute; top: 285; left: 705; width: 187; height: 19"><b>ATTORNEYS</b></DIV>
  <DIV style="position:absolute;top:282;left:788"><font style="font-size:13pt;"><b> </b></font></DIV>
  <DIV style="position:absolute;top:302;left:788"> </DIV>
  <DIV style="position: absolute; top: 318; left: 735; width: 157; height: 19">First Floor </DIV>
  <DIV style="position:absolute;top:335;left:707">21 West Street </DIV>
  <DIV style="position:absolute;top:352;left:704">Houghton 2198 </DIV>
  <DIV style="position: absolute; top: 369; left: 717; width: 177; height: 19">Johannesburg </DIV>
  <DIV style="position:absolute;top:385;left:715">PO Box 3334 </DIV>
  <DIV style="position:absolute;top:402;left:704">Houghton 2041 </DIV>
  <DIV style="position: absolute; top: 419; left: 722; width: 170; height: 19">South Africa </DIV>
  <DIV style="position: absolute; top: 436; left: 669; width: 223; height: 19">Tel +27 11 483 1571 </DIV>
  <DIV style="position: absolute; top: 452; left: 664; right: 85; text-align: justify; width: 228; height: 38"><font style="line-height:16px;">Fax +27 11 483 1503&nbsp;<br>
    Fax +27 11 483 0601 </font></DIV>
  <DIV style="position: absolute; top: 486; left: 662; width: 230; height: 19">DX 375 Johannesburg </DIV>
  <DIV style="position: absolute; top: 503; left: 648; width: 244; height: 19">Email  evb@tabacks.com </DIV>
  <DIV style="position: absolute; top: 520; left: 630; width: 262; height: 19">Website www.tabacks.com </DIV>
  <DIV style="position: absolute; top: 542; left: 105; right: 701; text-align: justify; width: 787; height: 44"><font style="font-size:14pt;line-height:18px;"><b>  Your Ref&nbsp;<br>
    Our Ref </b></font></DIV>
  <DIV style="position: absolute; top: 565; left: 210; width: 682; height: 22"><font style="font-size:14pt;"><b>Ms E van Biljon/ea/ANGL3 EB107 </b></font></DIV>
  <DIV style="position: absolute; top: 584; left: 106; width: 787; height: 22"><font style="font-size:14pt;"><b>Date   </b></font></DIV>
  <DIV style="position: absolute; top: 586; left: 210; width: 682; height: 22"><font style="font-size:14pt;"><b>15 March 2004</b></font></DIV>
  <DIV style="position:absolute;top:584;left:313"> </DIV>
  <DIV style="position: absolute; top: 618; left: 105; right: 101; text-align: justify; width: 718; height: 247"><font style="line-height:16px;">  The United States Securities and&nbsp;<br>
     Exchange Commission&nbsp;<br>
    450 Fifth Street, NW&nbsp;<br>
    Washington, DC&nbsp;<br>
    USA 20549&nbsp; </font>
    <p>&nbsp;</p>
    <p><font style="line-height:16px;">        Dear Sirs&nbsp; </font></p>
    <p><font style="line-height:16px;">    <b>OPINION IN RESPECT OF THE LEGALITY OF THE ISSUANCE OF UP TO 1 000 000 SHARES IN THE  CAPITAL OF ANGLOGOLD LIMITED PURSUANT TO THE ANGLOGOLD SHARE INCENTIVE  SCHEME</b> </font></DIV>
  <DIV style="position:absolute;top:845;left:105"><font style="font-size:13pt;"> </font></DIV>
  <DIV style="position: absolute; top: 875; left: 105; right: 83; text-align: justify; width: 720; height: 95"><font style="line-height:16px;">We have acted as South African legal advisers to AngloGold Limited (the "Company") in connection with  the Company's Registration Statement on Form S-8 filed with the Securities and Exchange Commission  under the Securities Act of 1933, as amended (the "Act"), with respect to the offering of up to 1,000,000  Ordinary Shares, par value ZAR0.25 per share (the "Shares"), of the Company, to be issued pursuant to  the AngloGold Limited Share Incentive Scheme (as amended) (the "Scheme").   </font></DIV>
  <DIV style="position: absolute; top: 977; left: 105; right: 88; text-align: justify; width: 717; height: 57"><font style="line-height:16px;">In connection with the foregoing, we have examined originals, or copies certified or otherwise identified to  our satisfaction, of such corporate records, certificates and other documents, and such questions of law,  as we have deemed necessary or appropriate as the basis for the opinion hereinafter expressed.   </font></DIV>
  <DIV style="position: absolute; top: 1044; left: 105; right: 96; text-align: justify; width: 719; height: 57"><font style="line-height:16px;">In the context of such examination, we have assumed the genuineness of all signatures, the authenticity  of all documents presented to us as originals, the conformity to the originals of all documents presented  to us as copies and the authenticity of the originals of such documents.  In rendering our opinion, we have </font></DIV>
  </DIV>
  </FONT><FONT style="font-family:Times;font-size:12pt;color:#000000;"><DIV style="position:relative;width:892;height:1263;page-break-before:always;">
  <IMG width="892" height="1263" src="anglos8007.gif" alt="background image">
  <DIV style="position:absolute;top:1116;left:105"><font style="font-size:9pt;"> </font></DIV>
  <DIV style="position:absolute;top:1114;left:446"> </DIV>
  <DIV style="position:absolute;top:159;left:105;right:92;text-align:justify"><font style="line-height:16px;">relied as to factual matters upon certificates of public officials and certificates and representations of  officers of the Company. </font></DIV>
  <DIV style="position:absolute;top:210;left:105;right:92;text-align:justify"><font style="line-height:16px;">We are admitted to practice as Mervyn Taback Incorporated in the Gauteng Province of South Africa.   Our opinion set forth below is limited to the laws of South Africa as in effect on the date hereof, and we do  not express any opinion herein as to the effect of the laws of any other jurisdiction. </font></DIV>
  <DIV style="position:absolute;top:278;left:105;right:95;text-align:justify"><font style="line-height:16px;">Upon the basis of such examination, and subject to any matter not disclosed to us by the parties  concerned and having regard for such legal considerations as we deem relevant, we are of the opinion  that any Shares to be issued upon the exercise of any options granted under the Scheme, to the extent  that they are issued in compliance with the provisions of the Scheme, the Company's memorandum and  articles of association and the then-applicable law, will be validly issued, fully paid, and non-assessable. </font></DIV>
  <DIV style="position: absolute; top: 379; left: 105; right: 84; text-align: justify; width: 695; height: 57"><font style="line-height:16px;">We hereby consent to the filing of this opinion as an exhibit to the Registration Statement.  In giving such  consent, we do not thereby concede that we are in the category of persons whose consent is required by  the Act or by the General Rules and Regulations promulgated thereunder. </font></DIV>
  <DIV style="position:absolute;top:465;left:105"><font style="font-size:13pt;">Yours faithfully </font></DIV>
  <DIV style="position: absolute; top: 486; left: 105; right: 605; text-align: justify; width: 787; height: 19"><font style="line-height:16px;">  /s/ELIZE VAN BILJON&nbsp;</font>
    <p><font style="line-height:16px;">    <b>ELIZE VAN BILJON&nbsp;<br>
    MERVYN TABACK INC </b></font></DIV>
  <DIV style="position:absolute;top:569;left:446;right:422;text-align:justify"><font style="font-size:13pt;line-height:19px;"><b>    </b> </font></DIV>
  </DIV>
  </FONT><FONT style="font-family:Times;font-size:13pt;color:#000000;"><DIV style="position:relative;width:892;height:1263;page-break-before:always;">
  <IMG width="892" height="1263" src="anglos8008.gif" alt="background image">
  <DIV style="position:absolute;top:133;left:105"><font style="font-size:12pt;"> </font></DIV>
  <DIV style="position:absolute;top:1116;left:105"><font style="font-size:9pt;"> </font></DIV>
  <DIV style="position:absolute;top:1114;left:446"><font style="font-size:12pt;"> </font></DIV>
  <DIV style="position:absolute;top:159;left:105"> </DIV>
  <DIV style="position:absolute;top:180;left:678"><b>EXHIBIT 23.1 </b></DIV>
  <DIV style="position:absolute;top:199;left:105;right:763;text-align:justify"><font style="line-height:20px;">           </font></DIV>
  <DIV style="position:absolute;top:320;left:254"><b>CONSENT OF INDEPENDENT ACCOUNTANTS </b></DIV>
  <DIV style="position:absolute;top:377;left:446"><font style="font-size:11pt;"> </font></DIV>
  <DIV style="position:absolute;top:412;left:446"><font style="font-size:11pt;"> </font></DIV>
  <DIV style="position:absolute;top:447;left:446"><font style="font-size:11pt;"> </font></DIV>
  <DIV style="position:absolute;top:480;left:210"><font style="font-size:11pt;">We consent to the incorporation by reference in the Registration Statement on Form F-3 (File No. 333-</font></DIV>
  <DIV style="position:absolute;top:495;left:105;right:107;text-align:justify"><font style="font-size:11pt;line-height:15px;">101891 and 333-101891-01) of AngloGold Limited and the Registration Statement on Form S-8 (File No. 333-10990) of  AngloGold Limited of our report dated February 13, 2004, with respect to the consolidated financial statements of AngloGold  Limited included in the Annual Report (Form 20-F) for the year ended December 31, 2003. </font></DIV>
  <DIV style="position: absolute; top: 637; left: 473; right: 338; text-align: justify; width: 787; height: 19"><font style="font-size:11pt;line-height:15px;">                 /s/ </font></DIV>
  <DIV style="position:absolute;top:636;left:490"><font style="font-size:11pt;">Ernst </font></DIV>
  <DIV style="position:absolute;top:636;left:524"><font style="font-size:11pt;">&amp; </font></DIV>
  <DIV style="position:absolute;top:636;left:537"><font style="font-size:11pt;">Young </font></DIV>
  <DIV style="position: absolute; top: 651; left: 473; width: 419; height: 19"><font style="font-size:11pt;">       Registered </font></DIV>
  <DIV style="position:absolute;top:651;left:540"><font style="font-size:11pt;">Accountants </font></DIV>
  <DIV style="position:absolute;top:651;left:616"><font style="font-size:11pt;">and </font></DIV>
  <DIV style="position:absolute;top:651;left:641"><font style="font-size:11pt;">Auditors  </font></DIV>
  <DIV style="position: absolute; top: 666; left: 474; width: 418; height: 19"><font style="font-size:11pt;">       Chartered </font></DIV>
  <DIV style="position: absolute; top: 666; left: 540; width: 352; height: 19"><font style="font-size:11pt;">Accountants </font></DIV>
  <DIV style="position: absolute; top: 666; left: 620; width: 272; height: 19"><font style="font-size:11pt;">(S.A.) </font></DIV>
  <DIV style="position: absolute; top: 682; left: 105; right: 628; text-align: justify; width: 787; height: 19"><font style="font-size:11pt;line-height:15px;">  Johannesburg&nbsp;<br>
    Republic of South Africa&nbsp;<br>
    March 18, 2004 </font></DIV>
  <DIV style="position:absolute;top:759;left:105"><font style="font-size:11pt;"> </font></DIV>
  <DIV style="position:absolute;top:792;left:105"><font style="font-size:12pt;"> </font></DIV>
  </DIV>
  </FONT></BODY>
  </HTML>
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text: Page 1
  As filed with the Securities and Exchange Commission on March 19, 2004
  Registration No. 333-
  SECURITIES AND EXCHANGE COMMISSION
  Washington, D.C.  20549
  _______________
  FORM S-8
  REGISTRATION STATEMENT
  Under
  THE SECURITIES ACT OF 1933
  ________________
  AngloGold Limited
  (Exact name of Registrant as specified in its charter)
  South Africa
  (State or other jurisdiction of
  incorporation or organization)
  Not Applicable
  (I.R.S. Employer
  Identification Number)
  11 Diagonal Street
  Johannesburg, 2001
  (P.O. Box 62117, Marshalltown, 2107)
  South Africa
  (Address of Registrant's principal executive offices)
  AngloGold Limited Share Incentive Scheme
  (as amended through April 30, 2002)
  (Full title of the plan)
  _______________
  AngloGold North America Inc.
  7400 East Orchard Road, Suite 350
  Greenwood Village, CO 80111
  Tel: +1 (303) 889-0700
  (Name, address and telephone number of agent for service)
  _______________
  Copies to:
  Doreen E. Lilienfeld, Esq.
  Shearman & Sterling LLP
  Broadgate West
  9 Appold Street
  London, England EC2A 2AP
  Tel: +44 (0)20 7655 5942
  CALCULATION OF REGISTRATION FEE
  Title of Securities to be
  Registered
  Amount to be
  Registered (2)
  Proposed Maximum
  Offering Price per
  Share(3)
  Proposed Maximum
  Aggregate Offering
  Price(3)
  Amount of
  Registration Fee
  Ordinary Shares of AngloGold Limited,
  par  value ZAR0.25 per share(1)
  1,000,000                        
    $42.63                
    $42,630,000
  $5,052.80
  (1)
  The ordinary shares may be represented by American Depositary Receipts
    ("
  ADRs
  "), each of which currently represents one  ordinary share.  A separate registration statement on Form F-6 (Registration No. 333-14066) has been filed for the registration of  American Depositary Shares evidenced by the ADRs issuable upon the deposit of the ordinary shares registered hereby.
  (2)
  Pursuant to Rule 416(c) under the Securities Act of 1933, as amended (the
    "
  Securities Act
  "), there is also being registered such  number of additional shares that may become available for purchase pursuant to the AngloGold Limited Share Incentive Scheme  (as amended) in the event of certain changes in the outstanding ordinary shares, including reorganizations, mergers,  recapitalizations, restructurings, stock dividends, stock splits, reverse stock splits and reclassifications.
  (3)
  Estimated solely for the purpose of calculating the registration fee pursuant to Rule 457(c) and 457(h) under the Securities Act,  based upon the average of the high and low prices for the Registrant's ADRs representing the Registrant's ordinary shares  reported on the New York Stock Exchange on March 17, 2004.
  STATEMENT PURSUANT TO GENERAL INSTRUCTION E
  TO FORM S-8
  The contents of our Registration Statement on Form S-8 (File No. 333-10990),
  filed with the Securities and Exchange Commission (the
    "
  Commission
  ") on October 8, 1999   (the "
  Prior Registration
    Statement
  "), and our two Current Reports on Form 6-K, furnished to the  Commission on March 19, 2004, are hereby incorporated by reference.
  Explanatory Statement
  This Registration Statement covers 1,000,000 ordinary shares of AngloGold
  Limited that may be offered and sold from time to time under the AngloGold Limited Share  Incentive Scheme (as amended through April 30, 2002) (the
    "
  Scheme
  ").
  The Prior Registration Statement covered 189,000 Shares (as adjusted) subject to
  then currently outstanding awards and 309,000 (as adjusted) Shares available for future issuances  under the Scheme, for an aggregate number of 498,000 Shares.
  1
  At the general meeting held on
  April 30, 2002, our shareholders approved amendments to the Scheme that provide for the grant  of performance related options, which may be exercised in full three years after the date of grant,  subject to the attainment of specified performance conditions.  Performance related options are  the only type of option which may be presently granted under the Scheme.  Prior to such  amendments, options granted under the Scheme vested over a five-year period on the second,  third, fourth and fifth anniversaries of the date of grant.  No further time vested options will be  granted and February 1, 2012 is the last date that these options may be exercised, or they will  lapse.
  In addition to the amendments approved at the general meeting of the Registrant's
  shareholders held on April 30, 2002, there have been several other minor amendments made to  the Scheme.
  .
  1
  The Prior Registration Statement as filed with the SEC on October 8, 1999, registered 94,500 ordinary shares  of the Registrant subject to outstanding awards under the Scheme and 154,500 ordinary shares of the  Registrant available for future awards under the Scheme.  Such ordinary shares of the Registrant then had a par  value of ZAR0.50 each. The Registrant effected a two-for-one share split, which became effective at the close  of business on December 24, 2002, resulting in an aggregate number of 498,000 ordinary shares being  registered on the Prior Registration Statement.
  SIGNATURES
  Pursuant to the requirements of the Securities Act of 1933, as amended, the registrant, AngloGold
  Limited, a corporation duly organized and existing under the laws of the Republic of South Africa, certifies that it  has reasonable grounds to believe that it meets all the requirements for filing on Form S-8 and has duly caused this  registration statement to be signed on its behalf by the undersigned, thereunto duly authorized, in Johannesburg,  South Africa on the 16
  th
  day of March 2004.
  AngloGold Limited
  By: /s/ Kelvin H Williams
  Name: Kelvin H Williams
  Title: Executive Director, Marketing
  POWER OF ATTORNEY
  Each of the undersigned do hereby constitute and appoint Jonathan G Best, Kelvin H Williams,
  Yedwa Z Simelane and Christopher R Bull and each of them, individually, his or her true and lawful attorneys-in- fact and agents, with full power of substitution and resubstitution, in his or her name, place and stead, in any and all  capacities (including his capacity as a director and/or officer of the registrant), to sign any and all amendments and  post-effective amendments and supplements to this registration statement, and to file the same, with all exhibits  thereto and other documents in connection therewith, with the SEC, granting unto said attorneys-in-fact and agents,  and each of them, full power and authority to do and perform each and every act and thing requisite and necessary to  be done in and about the premises, as fully to all intents and purposes as he might or could do in person, hereby  ratifying and confirming all that said attorneys-in-fact and agents or any of them, or his substitute, may lawfully do  or cause to be done by virtue hereof.
  Pursuant to the requirements of the Securities Act of 1933, this registration statement has been signed by the
  following persons in the capacities and on the date indicated.
  Signature                                                         
    Title
  /s/ Robert M Godsell
  Robert M Godsell
  /s/ Russell P Edey
  Chief Executive Officer
  and Director (Principal Executive Officer)
  Russell P Edey
  Chairman and Non-Executive Director
  Jonathan G Best
  /s/ David L Hodgson
  Executive Director (Finance)
  (Principal Financial Officer and
  Principal Accounting Officer)
  David L Hodgson
  /s/ Kelvin H Williams
  Chief Operating Officer and Executive Director
  Kelvin H Williams
  /s/ Frank B Arisman
  Executive Director (Marketing)
  Frank B Arisman
  /s/ Elisabeth R Bradley
  Director (Non-Executive)
  Elisabeth R Bradley
  Director (Non-Executive)
  Signature                                                          
    Title
  /s/ Colin B Brayshaw
  Colin B Brayshaw
  /s/ Anthony W Lea
  Director (Non-Executive)
  Anthony W Lea
  Director (Non-Executive)
  /s/ Thokoana J Motlatsi
  Thokoana J Motlatsi
  /s/ William A Nairn
  Deputy Chairman and Director (Non-Executive)
  William A Nairn
  Director (Non-Executive)
  Nicholas F Oppenheimer
  /s/ Julian Ogilvie Thompson
  Director (Non-Executive)
  Julian Ogilvie Thompson
  Director (Non-Executive)
  Anthony J Trahar
  /s/ Peter V O'Connor
  Director (Non-Executive)
  Peter V O'Connor
  /s/ David D Barber
  Authorized Representative
  In the United States
  David D Barber
  /s/ Arthur H Calver
  Alternate Director
  Arthur H Calver
  /s/ Peter G Whitcutt
  Alternate Director
  Peter G Whitcutt
  Alternate Director
  Exhibit Index
  The following exhibits are filed as part of this Registration Statement:
  Exhibit No.
  Description of Document
  4.1
  Memorandum and Articles of Association of AngloGold Limited  (incorporated by reference from the Registrant's Registration  Statement on Form F-3, File No. 333-101891, as filed with the  Commission on December 17, 2002).
  4.2
  Form of Amended and Restated Deposit Agreement, dated as of June  26, 1998, and as amended as of August 5, 1998, among AngloGold  Limited, The Bank of New York, as depositary, and all holders from  time to time of ADRs issued thereunder (incorporated by reference  from the Registration Statement on Form F-6, File No. 333-14066, as  filed with the Commission).
  4.3
  Proposed Revised Form of Amended and Restated Deposit  Agreement (incorporated by reference from Post-Effective  Amendment No. 1 to the Registration Statement on Form F-6, File  No. 333-14066, as filed with the Commission on December 12,  2002).
  4.4
  AngloGold Limited Share Incentive Scheme (as amended through  April 30, 2002) (incorporated by reference from Exhibit 19.4(c) of  the Registrant's Annual Report on Form 20-F as filed with the  Commission on June 28, 2002).
  5*
  Opinion of Mervyn Taback Incorporated as to the legality of the  shares being registered.
  23.1*
  Consent of Ernst & Young, Independent Accountants of AngloGold  Limited.
  23.2*
  Consent of Mervyn Taback Incorporated (included in Exhibit 5).
  24*
  Power of Attorney (included on signature pages).
  *    Filed herewith.
  EXHIBIT 5
  LEGAL OPINION
  TABACKS
  ATTORNEYS
  First Floor
  21 West Street
  Houghton 2198
  Johannesburg
  PO Box 3334
  Houghton 2041
  South Africa
  Tel +27 11 483 1571
  Fax +27 11 483 1503
  Fax +27 11 483 0601
  DX 375 Johannesburg
  Email  evb@tabacks.com
  Website www.tabacks.com
  Your Ref
  Our Ref
  Ms E van Biljon/ea/ANGL3 EB107
  Date
  15 March 2004
  The United States Securities and
  Exchange Commission
  450 Fifth Street, NW
  Washington, DC
  USA 20549
  Dear Sirs
  OPINION IN RESPECT OF THE LEGALITY OF THE ISSUANCE OF UP TO 1 000 000 SHARES IN THE  CAPITAL OF ANGLOGOLD LIMITED PURSUANT TO THE ANGLOGOLD SHARE INCENTIVE  SCHEME
  We have acted as South African legal advisers to AngloGold Limited (the "Company") in connection with  the Company's Registration Statement on Form S-8 filed with the Securities and Exchange Commission  under the Securities Act of 1933, as amended (the "Act"), with respect to the offering of up to 1,000,000  Ordinary Shares, par value ZAR0.25 per share (the "Shares"), of the Company, to be issued pursuant to  the AngloGold Limited Share Incentive Scheme (as amended) (the "Scheme").
  In connection with the foregoing, we have examined originals, or copies certified or otherwise identified to  our satisfaction, of such corporate records, certificates and other documents, and such questions of law,  as we have deemed necessary or appropriate as the basis for the opinion hereinafter expressed.
  In the context of such examination, we have assumed the genuineness of all signatures, the authenticity  of all documents presented to us as originals, the conformity to the originals of all documents presented  to us as copies and the authenticity of the originals of such documents.  In rendering our opinion, we have
  relied as to factual matters upon certificates of public officials and certificates and representations of  officers of the Company.
  We are admitted to practice as Mervyn Taback Incorporated in the Gauteng Province of South Africa.   Our opinion set forth below is limited to the laws of South Africa as in effect on the date hereof, and we do  not express any opinion herein as to the effect of the laws of any other jurisdiction.
  Upon the basis of such examination, and subject to any matter not disclosed to us by the parties  concerned and having regard for such legal considerations as we deem relevant, we are of the opinion  that any Shares to be issued upon the exercise of any options granted under the Scheme, to the extent  that they are issued in compliance with the provisions of the Scheme, the Company's memorandum and  articles of association and the then-applicable law, will be validly issued, fully paid, and non-assessable.
  We hereby consent to the filing of this opinion as an exhibit to the Registration Statement.  In giving such  consent, we do not thereby concede that we are in the category of persons whose consent is required by  the Act or by the General Rules and Regulations promulgated thereunder.
  Yours faithfully
  /s/ELIZE VAN BILJON
  ELIZE VAN BILJON
  MERVYN TABACK INC
  EXHIBIT 23.1
  CONSENT OF INDEPENDENT ACCOUNTANTS
  We consent to the incorporation by reference in the Registration Statement on Form F-3 (File No. 333-
  101891 and 333-101891-01) of AngloGold Limited and the Registration Statement on Form S-8 (File No. 333-10990) of  AngloGold Limited of our report dated February 13, 2004, with respect to the consolidated financial statements of AngloGold  Limited included in the Annual Report (Form 20-F) for the year ended December 31, 2003.
  /s/
  Ernst
  &
  Young
  Registered
  Accountants
  and
  Auditors
  Chartered
  Accountants
  (S.A.)
  Johannesburg
  Republic of South Africa
  March 18, 2004