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ANGLO AMERICAN PLAT LTD - Trading statement for the interim period ended 30 June 2013

Release Date: 15/07/2013 10:31
Code(s): AMS     PDF:  
Wrap Text
Trading statement for the interim period ended 30 June 2013

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


TRADING STATEMENT FOR THE INTERIM PERIOD ENDED 30 JUNE 2013


Amplats results for the six months ended 30 June 2013 ("the
period") will be released on SENS on or about 22 July 2013.

Headline earnings per share (“HEPS”) for the period is expected
to increase to between 480 cents and 535 cents from 273 cents
reported for the six months ended 30 June 2012 (“the comparative
period”).

The expected increase in HEPS is largely attributable to a
weaker average exchange rate of the Rand against the Dollar and
higher sales volumes, partially offset by the impact of higher
costs and lower realised dollar metal prices.

Basic earnings per share for the period are expected to increase
to between 450 cents and 486 cents from a loss of 178 cents for
the comparative period. Basic earnings for the comparative
period includes an after tax once off loss of R1.2 billion
(455 cents per share) resulting from the write-down of certain
investments as well as certain projects and assets, that were
considered uneconomical.

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


Johannesburg
15 July 2013

Merchant bank and sponsor
RAND MERCHANT BANK (a division of FirstRand Bank Limited)


For further information, please contact:


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

Media:
Mary-Jane Morifi
Tel: +27 (0)11 373 6325
mary-jane.morifi@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 a meaningful and sustainable difference in the development
of      the     communities      around     its      operations.
www.angloamericanplatinum.com

Anglo American plc 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

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