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Anglo American Platinum announces the sale of Rustenburg Operations to Sibanye is now unconditional

19 October, 2016

Anglo American Platinum announces the sale of its Rustenburg Operations (“the Transaction”) to Sibanye Rustenburg Platinum Mines Proprietary Limited (“Sibanye”) is now unconditional. This follows, amongst other things, the granting of consent in terms of section 11 of the Mineral and Petroleum Resources Development Act for the sale of the Rustenburg Operations Mining Right and Prospecting Right to Sibanye.

As a result, the Transaction will complete on 1 November 2016, when Sibanye will take over ownership, control and management of the Rustenburg Operations in accordance with the Transaction agreements.

For reference, Anglo American Platinum’s shareholders are referred to the announcement released on 9 September 2015 announcing the agreement of the Transaction; the announcement released on 18 January 2016 confirming that Sibanye shareholders had approved the acquisition of the Rustenburg Operations; and the announcement released on 17 March 2016 confirming that the Transaction was approved by the Competition Authorities in accordance with the Competition Act.

Anglo American Platinum will further update the market upon completion of the Transaction.

Johannesburg
19 October 2016

Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited).

For further information, please contact:

Investors: Media:
Emma Chapman Mpumi Sithole
(SA) +27 (0) 11 373 6239 (SA) +27 (0) 11 373 6246
[email protected] [email protected]

Notes to editors:
Anglo American Platinum Limited is a member of the Anglo American plc Group and is the world’s leading primary producer of platinum group metals. The company is listed on the Johannesburg Securities Exchange (JSE). Its mining, smelting and refining operations are based in South Africa. Elsewhere in the world, the Group owns Unki Platinum Mine in Zimbabwe. Anglo American Platinum has a number of joint ventures with several historically disadvantaged South African consortia as part of its commitment to the transformation of the mining industry. Anglo American Platinum is committed to the highest standards of safety and continues to make a meaningful and sustainable difference in the development of the communities around its operations.

www.angloamericanplatinum.com

Anglo American is a globally diversified mining business. Our portfolio of world-class competitive mining operations and undeveloped resources provides the raw materials to meet the growing consumer-driven demands of the world’s developed and maturing economies. Our people are at the heart of our business. It is our people who use the latest technologies to find new resources, plan and build our mines and who mine, process and move and market our products – from diamonds (through De Beers) to platinum and other precious metals and copper – to our customers around the world.

As a responsible miner, we are the custodians of those precious resources. We work together with our key partners and stakeholders to unlock the long-term value that those resources represent for our shareholders, but also for the communities and countries in which we operate – creating sustainable value and making a real difference.

www.angloamerican.com