ANGLO AMERICAN PLC - Anglo American to increase De Beers shareholding to 85% and welcomes Botswanas ongoing commitment

Anglo American to increase De Beers shareholding to 85% and welcomes Botswana’s
ongoing commitment

Anglo American plc (“the Company”)
Incorporated in the United Kingdom
(Registration number: 3564138)
Short name: Anglo
Share code: AGL
ISIN number: GB00B1XZS820

31 July 2012

Anglo American to increase De Beers shareholding to 85% and welcomes Botswana’s
ongoing commitment

Anglo American plc (“Anglo American”) notes today’s announcement made by the Government
of the Republic of Botswana (“GRB”) in relation to its decision not to take up its pre-emptive
rights to acquire an additional shareholding in De Beers.

Under the terms of the Shareholders’ Agreement between Anglo American, CHL (representing
the Oppenheimer family interests) and the GRB, the GRB had pre-emption rights in respect of
CHL’s interest in De Beers, enabling it to increase its interest in De Beers, on a pro rata basis,
to 25%. On 26 July, a formal pre-emption offer was served by CHL on Anglo American and the
GRB in accordance with the terms of the Shareholders’ Agreement.

As a result of the GRB’s decision, Anglo American will acquire an incremental 40% interest in
De Beers for a total cash consideration of US$5.1 billion, subject to adjustment as provided for
in its agreement with CHL, taking its total interest to 85%.

Cynthia Carroll, Chief Executive of Anglo American, said: “The innovative partnership between
Anglo American and the Government of the Republic of Botswana, as the shareholders in De
Beers, is a clear demonstration of the level of commitment of the GRB to the long term
prosperity of the world’s leading diamond company. We look forward to strengthening this
longstanding and proven partnership which provides a close alignment of interests between
Anglo American and Botswana and builds upon the ten year sales agreement between De
Beers and the GRB in relation to Debswana’s production.”

The Minister of Minerals, Energy, and Water Resources, Dr. Ponatshego H Kedikilwe, on
behalf of the Republic of Botswana said: “The diamond industry is a major contributor to our
economy in Botswana and De Beers is the world’s premier diamond company. We look forward
to building on the excellent relationship we have with Anglo American, both through our
ownership of De Beers and through the Debswana joint venture, and to sharing in De Beers’
highly attractive long term prospects.”

Anglo American expects the transaction to complete during September 2012, unless an earlier
date can be agreed.


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                                               Caroline Crampton
Tel: +44 (0)20 7968 8481                                Tel: +44 (0)20 7968 2192

South Africa                                            South Africa
Pranill Ramchander                                      Nicholas Gordon
Tel: +27 (0)11 638 2592                                 Tel: +27 (0)11 638 3262


Sponsor: UBS South Africa (Pty) Ltd


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, extensive pipeline of growth projects and exploration activities
span southern Africa, South America, Australia, North America, Asia and Europe.
www.angloamerican.com

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