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ANGLO AMERICAN PLAT LTD - Trading statement

Release Date: 14/11/2012 14:05
Code(s): AMS     PDF:  
Wrap Text
Trading statement

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”)

TRADING STATEMENT

Anglo American Platinum is now reasonably certain that basic and headline earnings for the year ending 31
December 2012 (“the period”) will decrease by more than 20% from that reported in the year ended 31
December 2011 (“the comparative period”).

However, in view of volatility in exchange rates, metal prices and the impact of the current illegal industrial
action, Anglo American Platinum cannot, with reasonable certainty, quantify the extent of the decrease in
expected earnings other than that the decrease is expected to be more than 20%.

Headline earnings and basic earnings reported for the comparative period were R3,566 million and R3,591
million respectively while headline earnings per share (“HEPS”) and earnings per share (“EPS”) were R13.65
and R13.74 respectively.

The expected decrease in earnings is primarily as a result of lower sales volumes, the impact of the illegal
industrial action on production and cost, higher mining inflation and lower metal prices achieved compared to
the comparative period.

Shareholders are advised that a further trading statement will be issued in due course to provide earnings
forecast ranges for earnings per share and headline earnings per share as required by the JSE Listing
requirements.

The forecast financial information on which this trading statement is based has not been reviewed and
reported on by the Company’s external auditors.

The results for the period will be released on SENS on or about 4 February 2013.


For further information, please contact:


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

Media:
Mpumi Sithole
Tel: +27 (0)14 591 3741
mpumi.sithole@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
14 November 2012

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

Date: 14/11/2012 02:05:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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