ANGLO AMERICAN PLC - Anglo American update re Anglo Platinum

Anglo American update re Anglo Platinum

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

Date: 11 October 2012

Anglo American update re Anglo Platinum

Anglo American Platinum update

Anglo American Platinum Limited (“Anglo American Platinum”) is providing an update on the
ongoing illegal industrial action around its Rustenburg, Union and Amandelbult mining
operations. It has been four weeks since the initial safety suspension and the subsequent
industrial action by employees in the Rustenburg area.

Despite the company’s repeated calls for employees to return to work, attendance levels have
remained below 20%. Currently, most of the company’s mining and processing operations in
the north of Rustenburg have insufficient staff to operate safely and continue to carry out
essential services only.

On Friday 5 October, Anglo American Platinum announced that 12,000 of its striking
employees in the Rustenburg area had been dismissed due to non-attendance and non-
representation at the disciplinary hearings. These employees were given three days to appeal
the decision and a subsequent extension was provided to enable employees who still wished to
appeal, the opportunity to do so. The extension ends at the close of business today.

Disciplinary hearings at Union Mine have now concluded and employees will be advised of the
outcomes in due course. Employees at Amandelbult Mine (Tumela/Dishaba), who have been
engaged in illegal strike action since Wednesday 3 October, have been making representations
since Thursday 11 October, and in line with the process carried out at Rustenburg, employees
will have the opportunity to appeal.

Anglo American Platinum confirms that as a result of the illegal industrial action of its
employees and the initial safety suspension, total lost platinum production has amounted to
67,000 ounces, resulting in approximately R1.1 billion of lost revenue. The average loss of
platinum production is 3,800 ounces per day.

The ongoing illegal strike by Anglo American Platinum employees will adversely affect the
company’s delivery obligations regarding the supply of Chrome ore and as a result force
majeure notices have been issued to its chrome customers. The company’s ability to deliver
Platinum Group Metals (PGMs) and base metals however remains unaffected at this stage.

Chris Griffith, Anglo American Platinum CEO says: “We are calling for calm in those affected
areas and continue to work closely with our tripartite partners – government and the recognised
labour unions – to help restore law and order to the affected areas. Our commitment to the
Platinum centralised engagement structures, driven by the Chamber of Mines, has not changed
and, as we have mentioned, we are considering the possibility of bringing forward wage
negotiations that are within our current arrangements.”
Further updates will be provided when appropriate.

For further information, please contact:


Media:
Mpumi Sithole
Tel: +27 (0)14 591 3741
mpumi.sithole@angloamerican.com

Investors:
Kgapu Mphahlele
+27 (0) 11 373 6239
kgapu.mphahlele@angloamerican.com


Sponsor: UBS South Africa (Pty) Ltd

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