ANGLO AMERICAN PLC - Anglo American plc notification: Kumba Iron Ore Limited year end results 2013

Anglo American plc notification: Kumba Iron Ore Limited year end results 2013

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

NEWS RELEASE

Anglo American plc notification:
Kumba Iron Ore Limited year end results 2013

Anglo American plc wishes to draw attention to Kumba Iron Ore Limited’s announcement of its
results for the year ended 31 December 2013. Kumba Iron Ore Limited reported headline
earnings of R15 443 million.

Anglo American plc will report underlying earnings in respect of Kumba Iron Ore Limited of
US$1,108 million for the year ended 31 December 2013, which takes into account certain
adjustments.

                                                                                           Year ended      Year ended                                                                        
                                                                                             31.12.13       31.12.12

$m                                                                                                          restated (1)

IFRS headline earnings                                                                        1,604           1,534
Exploration                                                                                      14              16
Kumba Envision Trust(2)                                                                          33              53
Other adjustments                                                                                 2               3
                                                                                              1,653           1,606
Non-controlling interests                                                                      (501)           (513)
Elimination of intercompany interest                                                             12               4
Depreciation of assets fair valued on acquisition (net of tax)                                   (6)             (8)
Corporate cost allocation                                                                       (50)            (49)

Contribution to Anglo American underlying earnings                                             1,108          1,040
(1)
      Headline and underlying earnings have been restated to reflect the adoption of new accounting pronouncements.
(2)
    The Kumba Envision Trust charge is included in IFRS headline earnings but is a non-operating special item so is
    excluded from Anglo American underlying earnings.

Anglo American plc will report results for the year ended 31 December 2013 on 14 February
2014. The above figures are unaudited.

Underlying earnings

Underlying earnings is net profit attributable to equity shareholders, adjusted to remove special
items and remeasurements, and any related tax and non-controlling interests. Special items are
those items of financial performance that the Group believes should be excluded from
underlying financial performance. Operating special items include impairment charges and
reversals and other exceptional items, including restructuring costs. Non-operating special
items include profits and losses on disposals of investments and businesses as well as certain
adjustments relating to business combinations. Remeasurements include adjustments to
ensure that the unrealised gains or losses on non-hedge derivative instruments are recorded in
underlying earnings in the same period as the underlying transaction against which these
instruments provide an economic, but not formally designated, hedge as well as foreign
exchange impact arising in US dollar functional currency entities on deferred tax balances.

11 February 2014
Sponsor: UBS South Africa (Pty) Ltd

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