ARI - African Rainbow Minerals Limited - Clarification further to the Anglo

ARI - African Rainbow Minerals Limited - Clarification further to the Anglo     
Platinum media release - 7 February 2011                                        
African Rainbow Minerals Limited                                                
(Incorporated in the Republic of South Africa)                                  
(Registration number 1933/004580/06)                                            
JSE share code: ARI                                                             
ISIN: ZAE000054045                                                              
("ARM" or "the Company")                                                        
CLARIFICATION FURTHER TO THE ANGLO PLATINUM MEDIA RELEASE - 7 FEBRUARY 2011     
Anglo Platinum Limited ("Anglo Platinum") in a media release on 7 February      
2011 provided details about its previous empowerment transactions in a table    
contained at the foot of the release.                                           
The Anglo Platinum description of the 2001 year transaction provides that the   
shareholding structure of the Modikwa Joint Venture included the ARM Broad-     
Based Economic Empowerment Trust as part of the transaction.                    
ARM would like to clarify that the ARM Broad-Based Economic Empowerment Trust   
which owns shares directly into ARM did not form part of the 2001 Modikwa       
Joint Venture transaction as stated in the Anglo Platinum release.              
The transaction entered into with Anglo Platinum`s Rustenburg Platinum Mine in  
respect of the Modikwa Mine in 2001 was a 50:50 joint venture with ARM Mining   
Consortium Limited ("ARM MC"). The local communities have an 8.5% shareholding  
in the Modikwa Mine through two Section 21 community companies, namely          
Mampudima- and Matimatjatji Community Companies, which they hold through their  
17% shareholding in ARM MC.                                                     
At that time African Rainbow Minerals & Exploration Investments (Pty) Limited   
("ARMI") owned 83% of ARM MC through its 100% held subsidiary African Rainbow   
Minerals Platinum (Pty) Limited ("ARM Platinum").                               
In the 2004 merger transaction between ARMI and Anglovaal Mining Limited, the   
ARMI interest in ARM Platinum was incorporated into African Rainbow Minerals    
Limited.                                                                        
For all investor relations queries, please contact:                             
Jongisa Klaas                                                                   
Head of Investor Relations and Corporate Development                            
Office: +27 11 779 1507                                                         
Email: jongisa.klaas@arm.co.za                                                  
Sandton                                                                         
11 February 2011                                                                
Sponsor to ARM: Deutsche Securities (SA) (Proprietary) Limited                  
Date: 11/02/2011 14:53:01 Supplied by www.sharenet.co.za                     
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