Panel Publishes Reasons For Decision In Normandy 06

The Panel advises that it has published its reasons for decision in relation to the Normandy 06 matter.

The application was made by AngloGold Ltd for review of the Normandy 04 Panel's decision. In its application AngloGold was seeking a declaration that the Plan of Arrangement between Newmont Mining and Franco-Nevada would have given Franco-Nevada and its shareholders benefits, which were not offered to all other Normandy shareholders.