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AGL - Anglo American plc - Anglo American statement re. Codelco`s announcement

Release Date: 12/10/2011 17:45
Code(s): AGL
Wrap Text

AGL - Anglo American plc - Anglo American statement re. Codelco`s announcement Anglo American plc ("the Company") Incorporated in the United Kingdom (Registration number: 3564138) Short name: Anglo Share code: AGL ISIN number: GB00B1XZS820 Anglo American statement re. Codelco`s announcement Anglo American notes the announcement made today by Codelco in relation to financing arrangements for the option it holds over a 49% shareholding in certain of Anglo American`s copper assets in Chile, together known as "Anglo American Sur". Anglo American Sur comprises the Los Bronces and El Soldado copper mines and the Chagres copper smelter. The option dates back to 1978 and was inherited by Anglo American upon acquisition of the assets in 2002. The exercise window for the option is limited to the month of January every three years until 2027; the next such window is January 2012. Anglo American will consider the implications of Codelco`s announcement. For further information, please contact: Media Investors UK UK James Wyatt-Tilby Leng Lau Tel: +44 (0)20 7968 8759 Tel: +44 (0)20 7968 8540 Emily Blyth Leisha Wemyss Tel: +44 (0)20 7968 8481 Tel: +44 (0)20 7968 8607 South Africa Pranill Ramchander Tel: +27 (0)11 638 2592 Notes to editors: Anglo American 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 bulk commodities - iron ore and manganese, metallurgical coal and thermal coal; base metals - copper and nickel; and precious metals and minerals - in which it is a global leader in both platinum and diamonds. 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 12 October 2011 Sponsor: UBS South Africa (Pty) Ltd Date: 12/10/2011 17:45:01 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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