ANGLO AMERICAN PLC - Anglo American agrees sale of Dartbrook coal mine to Australian Pacific Coal

Anglo American agrees sale of Dartbrook coal mine to Australian Pacific Coal

Anglo American plc
Incorporated in the United Kingdom
(Registration number: 3564138)
Short name JSE: Anglo
Share code JSE: AGL
Short name NSX: Anglo-AMRC NM
Share code NSX: ANM
ISIN number: GB00B1XZS820
(the "Company")

24 December 2015

Anglo American agrees sale of Dartbrook coal mine to Australian Pacific Coal

Anglo American plc (“Anglo American”) announces that it has entered into a Sale and Purchase
Agreement (“SPA”) (and agreed to enter into a related Royalty Deed) with Australian Pacific Coal
Limited (“AQC”) as guarantor and a subsidiary of AQC as purchaser to sell its 83.33% interest in
the Dartbrook Coal Mine (“Dartbrook”) in the Hunter Valley, New South Wales, Australia.

Under the terms of the SPA and Royalty Deed, AQC will acquire Anglo American's interest in
Dartbrook for up to A$50 million (approximately US$36 million), comprising an upfront cash
payment of A$25 million and the grant of a royalty equal to A$3.0 for each tonne of coal produced
by the operation in the future and A$0.25 for each tonne of coal sourced from other sites and
processed using Dartbrook’s processing infrastructure. Royalty payments will be subject to
escalation with reference to the Brisbane All Groups Consumer Price Index and capped at A$25
million (in real terms).

The transaction will be effected via a sale of shares in the subsidiary companies holding Anglo
American's interest in Dartbrook. The transaction remains subject to several conditions precedent,
including the waiver of pre-emption rights by Anglo American's joint venture partner, Marubeni
Coal Pty Ltd (“Marubeni”) and the receipt of local and federal government consents for the
transfer of the mining and exploration rights related to the operation. The transaction is expected
to complete by mid-2016.

Dartbrook consists of an underground thermal coal mine and associated processing
infrastructure that has been on care and maintenance since 2006. The agreed sale is consistent
with Anglo American’s portfolio restructuring to focus it around its core of “Priority 1” assets.

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


For further information, please contact:

 Media                                                                                 Investors
 UK                                                                                    UK
 James Wyatt-Tilby                                                                     Paul Galloway
 Tel: +44 (0)20 7968 8759                                                              Tel: +44 (0)20 7968 8718

 South Africa                                                                          Ed Kite
Anglo American plc
20 Carlton House Terrace London SW1Y 5AN United Kingdom
Tel: +44 (0)20 7968 8888 Fax: +44 (0)20 7968 8500
Registered office as above. Incorporated in England and Wales under the Companies Act 1985. Registered Number 3564138
 Pranill Ramchander                                      Tel: +44 (0)20 7968 2178
 Tel: +27 (0)11 638 2592

 Shamiela Letsoalo
 Tel: +27 (0)11 638 3112

Notes to editors:
Anglo American is a global and diversified mining business that provides the raw materials
essential for economic development and modern life. 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 bulk commodities and base
metals to precious metals and diamonds (through De Beers) – to our customers around the world.
Our diversified portfolio of products spans the economic development cycle and, as a responsible
miner, we are the custodians of 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. Our mining operations, growth projects and exploration and marketing
activities extend across southern Africa, South America, Australia, North America, Asia and
Europe.

www.angloamerican.com

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