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AGL - Anglo American plc - Anglo American completes sale of Moly-Cop and

Release Date: 04/01/2011 09:00
Code(s): AGL
Wrap Text

AGL - Anglo American plc - Anglo American completes sale of Moly-Cop and AltaSteel to OneSteel Anglo American plc Incorporated in the United Kingdom (Registration number: 3564138) Short name: Anglo Share code: AGL ISIN number: GB00B1XZS820 ("Anglo American plc" or "the company") Anglo American completes sale of Moly-Cop and AltaSteel to OneSteel Anglo American plc ("Anglo American") announces the completion of the sale of Moly-Cop and AltaSteel to OneSteel Limited ("OneSteel") for cash proceeds of US$1,076 million. Anglo American announced the sale of Moly-Cop and AltaSteel to OneSteel on 14 November 2010 for a total consideration of US$932 million on a debt and cash free basis. The total cash proceeds amount includes the cash and debt in the business and certain adjustments1. For further information, please contact: United Kingdom James Wyatt-Tilby, Media Relations Tel: +44 (0)20 7968 8759 Caroline Metcalfe, Investor Relations Tel: +44 (0)20 7968 2192 Daniel Thole, Brunswick Tel: +44 (0)20 7396 3518 South Africa Anna Mulholland, Investor Relations Tel: +27 (0)11 373 6683 Kgapu Mphahlele, Investor Relations Tel: +27 (0)11 373 6239 Notes to editors: Adjustments include amounts payable in respect of the locked box period since 1 July 2010. Anglo American plc is one of the world`s largest mining companies, is headquartered in the UK and listed on the London and Johannesburg stock exchanges. Anglo American`s portfolio of mining businesses spans precious metals and minerals - in which it is a global leader in both platinum and diamonds; base metals - copper and nickel; and bulk commodities - iron ore, metallurgical coal and thermal coal. Anglo American is committed to the highest standards of safety and responsibility across all its businesses and geographies and to making a sustainable difference in the development of the communities around its operations. The company`s mining operations and extensive pipeline of growth projects are located in southern Africa, South America, Australia, North America and Asia. www.angloamerican.com 4 January 2011 Sponsor: UBS South Africa (Pty) Ltd Date: 04/01/2011 09:00:01 Supplied by www.sharenet.co.za Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.

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