Sharenet Sites 
Sharenet Sites
Trading statement for the twelve months ended 31 December 2014
ANGLO AMERICAN PLATINUM LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1946/022452/06)
Share Code: AMS
ISIN: ZAE000013181
(“The Company" or "Anglo American Platinum")
TRADING STATEMENT FOR THE TWELVE MONTHS ENDED 31 DECEMBER 2014
For sake of clarity the percentage differences have been inserted into the announcement which
was released on SENS earlier today.
Anglo American Platinum Limited (“the Company”) will release results for the twelve months
ended 31 December 2014 ("the period") on the Johannesburg Stock Exchange News Service
(“SENS”) on 9 February 2015.
Following on from the Company’s trading statement dated 1 December 2014, shareholders are
further advised that headline earnings and headline earnings per share (“HEPS”) for the period
are likely to decrease to be between R650 million and R875 million and 250 cents and 335 cents
per share respectively (or decrease between 55% and 40%). This compares to headline
earnings and HEPS of R1,451 million and 556 cents per share respectively reported for the 12
months ended 31 December 2013, as released on SENS on 3 February 2014 ("the comparative
period"). The decrease in headline earnings and HEPS is primarily due to the impact of the five
month industrial action which impacted on operational performance.
Basic earnings and basic earnings per share (“EPS”) for the period however, are likely to
increase to be between R495 million and R705 million and 190 cents and 270 cents per share
respectively. Basic earnings and EPS reported for the comparative period for the twelve months
ended 31 December 2013 were a loss of R1,370 million and 525 cents per share respectively (or
increase between 136% and 151%).
Basic earnings for the period include a gain of R243 million (equivalent to 93 cents per share)
arising on the final phase of the refinancing transaction with Atlatsa Resources Corporation, an
impairment of an investment in an unlisted associate of R168 million (equivalent to 64 cents per
share) and the scrapping of assets of R294 million, after tax and minority interest, (equivalent to
113 cents per share) following the closure of the loss-making Union Mine south decline section.
Basic earnings reported for the 12 months ended 31 December 2013 included the scrapping of
assets of R2,026 million, after tax, (equivalent to 776 cents per share) and R833 million loss
(equivalent to 319 cents per share) arising from the acquisition of properties as part of the
refinancing transaction with Atlatsa Resources Corporation.
The forecast financial information on which this trading statement is based has not been
reviewed by or reported on by the Company’s external auditors.
Johannesburg
23 January 2015
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
For further information, please contact:
Investors:
Emma Chapman
Tel: +27 (0)11 373 6239
emma.chapman@angloamerican.com
Media:
Mpumi Sithole
Tel: +27 (0)11 373 6246
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 a global and diversified mining business that provides the raw materials
essential for economic development and modern life. Our people are at the heart of our
business. It is our people who use the latest technologies to find new resources, plan and build
our mines and who mine, process and move and market our products – from bulk commodities
and base metals to precious metals and diamonds (through De Beers) – to our customers
around the world. Our diversified portfolio of products spans the economic development cycle
and, as a responsible miner, we are the custodians of precious resources. We work together
with our key partners and stakeholders to unlock the long-term value that those resources
represent for our shareholders, but also for the communities and countries in which we operate
– creating sustainable value and making a real difference. Our mining operations, growth
projects and exploration and marketing activities extend across southern Africa, South America,
Australia, North America, Asia and Europe.
www.angloamerican.com
Date: 23/01/2015 02:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
