ANGLO AMERICAN PLC - AngloAmerican agrees to sale of Palabora shareholding

AngloAmerican agrees to sale of Palabora shareholding

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

NEWS RELEASE


Anglo American agrees sale of shareholding in Palabora

Anglo American plc (“Anglo American”) announces that it has reached a binding agreement to
sell its 16.8% effective interest in Palabora Mining Company Limited (“Palabora”) for
ZAR893 million (approximately $103 million). As stated previously, Anglo American participated
in the sale process led by Rio Tinto which holds a 57.7% effective interest in Palabora.

The purchaser is a consortium comprising South African and Chinese entities led by the
Industrial Development Corporation of South Africa Limited and Hebei Iron & Steel Group, who
are committed to the ongoing sustainable management of Palabora.

The sale is subject to customary regulatory approvals in South Africa and China which are
expected to take four to six months. The purchase price is subject to customary adjustments
upon closing.

Notes to editors:

Palabora’s principal asset is a copper mine in South Africa which also produces vermiculite and
magnetite.

The purchasing consortium comprises the following parties (respective interests in brackets):

-   Hebei Iron & Steel Group (35%), a leading international steel producer wholly-owned by the
    Chinese Government;
-   The Industrial Development Corporation of South Africa Limited (20%), a development
    institution wholly-owned by the South African Government;
-   Tewoo Group Co., Ltd (20%), a diversified group wholly-owned by the Chinese
    Government; and
-   General Nice Development Ltd (25%), a privately-owned Chinese trading company.


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
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                               Sarah McNally
Pranill Ramchander                         Tel: +44 (0)20 7968 8747
Tel: +27 (0)11 638 2592



Sponsor: UBS South Africa (Pty) Ltd

11 December 2012

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