ANGLO AMERICAN PLAT LTD - Anglo American Platinum To Commence Disciplinary Action If Employees Do Not Return To Work

Anglo American Platinum To Commence Disciplinary Action If Employees Do Not Return To Work

ANGLO AMERICAN PLATINUM LIMITED
Incorporated in the Republic of South Africa
Registration number 1946/022452/06
Share code: AMS
ISIN: ZAE000013181
(“Anglo American Platinum” or “the Company”)

ANGLO AMERICAN PLATINUM TO COMMENCE DISCIPLINARY ACTION IF
EMPLOYEES DO NOT RETURN TO WORK

Anglo American Platinum is providing an update in respect of its
Rustenburg operations following resumption of those operations on
Tuesday 18 September 2012.

Anglo American Platinum continues to experience a low turnout rate
at its Rustenburg mines which are currently reporting less than
20% attendance. As announced on Wednesday 19 September, the
current industrial action is illegal and Anglo American Platinum
has given notice to its employees on several occasions that they
are required to return to work and that legal avenues would be
pursued if they failed to do so. Disciplinary action will be
initiated on Thursday 27 September against those employees who
persist in unlawful strike action.

Chris Griffith, CEO of Anglo American Platinum, said: “We have
repeatedly urged our employees to come back to work and I do so
again – I am making a personal appeal for all striking employees
to return to work immediately. If our employees do not heed this
call, we will simply have no choice but to begin disciplinary
action tomorrow against any employees who remain on strike and
that action could lead to dismissals. Our Rustenburg mining
operations are under considerable economic pressure and their
future is already under review.”

Anglo American Platinum confirms that the volume of lost platinum
production from its Rustenburg mining operations since 12
September 2012 has amounted to approximately 20,000 ounces.

The hearing at the CCMA yesterday did not relate to the current
illegal strike. The CCMA hearing related solely to the memorandum
submitted in mid-July by approximately 300 employees from
Khusuleka Mine. For the avoidance of doubt, all Rustenburg
employees who are not reporting to work, including those at
Khusuleka, are participating in an illegal strike.


For further information, please contact:

Media:
Mpumi Sithole
Tel: +27 (0)14 591 1792
mpumi.sithole@angloamerican.com
Investors:
Kgapu Mphahlele
+27 (0) 11 373 6239
kgapu.mphahlele@angloamerican.com



Notes to editors:

Anglo American Platinum Limited is a member of the Anglo American
plc Group and is the world’s leading primary producer of platinum
group metals. The company is listed on the Johannesburg Securities
Exchange (JSE). Its mining, smelting and refining operations are
based in South Africa. Elsewhere in the world, the Group owns Unki
Platinum Mine in Zimbabwe and is actively exploring in Brazil.
Anglo American Platinum has a number of joint ventures with
several historically disadvantaged South African consortia as part
of its commitment to the transformation of the mining industry.
Anglo American Platinum is committed to the highest standards of
safety and continues to make meaningful and sustainable difference
in the development of the communities around its operations.
www.angloamericanplatinum.com

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


Johannesburg
26 September 2012

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

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