ANGLO AMERICAN PLC - Anglo American plc notification: Anglo American Platinum Limited year end results 2016

Anglo American plc notification: Anglo American Platinum Limited year end results 2016

Anglo American plc
(Incorporated in England and Wales)
(Registration number: 3564138)
Registered office: 20 Carlton House Terrace, London, SW1Y 5AN
ISIN: GBOOB1XZS820
JSE Share Code: AGL
NSX Share Code: ANM

Anglo American plc notification:
Anglo American Platinum Limited year end results 2016

Anglo American wishes to draw attention to Anglo American Platinum Limited’s announcement
of its results for the year ended 31 December 2016. Anglo American Platinum Limited reported
headline earnings of R1,867 million.

Anglo American will report underlying earnings in respect of Anglo American Platinum Limited of
$65 million for the year ended 31 December 2016, which takes into account certain adjustments.

                                                                                                                      Year                  Year
                                                                                                                    ended                  ended
 $ million                                                                                                        31.12.16              31.12.15

 Anglo American Platinum Headline earnings                                                                             126                   (10)(note 1)
 Impairment of loans(2)                                                                                                  -                    119
 Restructuring costs                                                                                                    14                    55
 Other adjustments                                                                                                    (23)                    27(note 1)
                                                                                                                       117                    191
 Impact of Anglo American Platinum restatements(3)                                                                    (56)                     18
                                                                                                                        61                    209
 Non-controlling interests                                                                                            (12)                   (42)
 Exploration                                                                                                             5                      6
 Elimination of intercompany interest                                                                                   72                     67
 Depreciation of assets fair valued on acquisition                                                                    (16)                   (22)
 Other adjustments                                                                                                     (5)                      -
 Corporate cost allocation                                                                                            (40)                   (50)

 Contribution to Anglo American underlying earnings                                                                     65                    168
 (1) Restated.
 (2) Relates to loans to Plateau Resources Proprietary Limited and Atlatsa Holdings Proprietary Limited.
 (3) During the year, Anglo American Platinum Limited has identified certain computational errors affecting its results reported in prior periods, the
     impact of which is considered material to Anglo American Platinum Limited but is not material to Anglo American. Consequently, the affected
     prior period results have been restated in the individual financial statements of Anglo American Platinum Limited but have been corrected in the
     current year in Anglo American’s financial statements.

Anglo American will report results for the year ended 31 December 2016 on 21 February 2017.
The above figures are unaudited.

Underlying earnings
Underlying earnings is profit attributable to equity shareholders before special items and
remeasurements, and is therefore presented after net finance costs, income tax and non-
controlling interests. Special items are those items of financial performance that the Group
believes should be separately disclosed to assist in the understanding of the underlying financial
performance achieved by the Group.

15 February 2017

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

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