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ANGLO AMERICAN PLAT LTD - Anglo American Platinum update

Release Date: 01/11/2012 11:00
Code(s): AMS     PDF:  
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Anglo American Platinum update

ANGLO AMERICAN PLATINUM LIMITED
Incorporated in the Republic of South Africa
Registration number 1946/022452/06
Share code: AMS
ISIN: ZAE000013181

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 seven weeks
since the initial safety suspension and the subsequent illegal industrial action by employees.

Anglo American Platinum announced on 18 October that it had entered into discussions with its recognised
unions, NUM, UASA and NUMSA, and the strike committee to explore options to facilitate the return to work
of employees currently involved in illegal strike action. The status of the 12 000 dismissed Rustenburg
employees formed part of these discussions, which did not include any wage negotiations.

As a result of these discussions, Anglo American Platinum announced on Monday 29 October its offer to
facilitate the return to work of the Union and Amandelbult employees and to reinstate all 12 000 dismissed
Rustenburg employees. The offer was strictly subject to all striking employees returning to work and doing
actual work activities by no later than Tuesday 30 October 2012.

Anglo American Platinum confirms that this offer has not yet been accepted by employees.

Disciplinary hearings for Amandelbult and Union Mine employees engaging in illegal strike action are already
underway and the outcome will be announced in due course.

The company currently does not have sufficient staff for safe operations in the affected areas and continues
to carry out essential services only.

Anglo American Platinum confirms that it is losing an average of 3, 694 ounces of platinum per day and to
date 141,640 ounces of platinum have been lost.

Anglo American Platinum also notes the reports of 123 arrests made by SAPS since the illegal strike action
and following the violence in the Rustenburg area and can confirm that 36 of those arrested are Anglo
American Platinum employees.

The CEO of Anglo American Platinum, Chris Griffith said’ “We have been patiently appealing to our workers
to get back to work so that the situation in Rustenburg and the north of Pilanesburg can go back to normal.
We are disappointed that the offer, which was made to employees to alleviate some of the hardship as a
result of the no-work no-pay principle, has not yet been accepted. We are appealing for calm in Rustenburg
communities and continue to work with SAPS to help restore law and order to the area.

Further updates will be provided as 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


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
1 November 2012

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

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