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ANGLO AMERICAN PLC - Anglo American rough diamond sales value for De Beers first sales cycle of 2016

Release Date: 26/01/2016 10:00
Code(s): AGL     PDF:  
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Anglo American rough diamond sales value for De Beers’ first sales cycle of 2016

Anglo American plc
(Incorporated in England and Wales)
(Registration number: 3564138)
Registered office: 20 Carlton House Terrace, London, SW1Y 5AN
ISIN: GBOOB1XZS820
JSE Share Code: AGL
NSX Share Code: ANM
("the Company")

News Release

Anglo American rough diamond sales value for De Beers’ first sales cycle of 2016

Anglo American plc announces the value of rough diamond sales (Global Sightholder Sales
and Auction Sales) for De Beers’ first sales cycle of 2016. Rough diamond sales during the first
cycle of the year improved significantly to $540 million, compared with the $248 million value of
the final sales cycle of 2015.
                                                                                      
                                                                 Cycle 1 2016(1)                                        Cycle 10 2015
  Sales value(2)                                                      $540m                                                  $248m
  (1)   Cycle 1 2016 provisional sales value represents sales as at 25 January 2016.
  (2)   Sales value is quoted in terms of sales by De Beers Global Sightholder Sales and De Beers Auction Sales, and reported on a consolidated accounting
        basis. Auction Sales included in a given cycle are the sum of all sales between the end of the preceding cycle and the end of the noted cycle.


A positive holiday season in the US from a retail perspective, low levels of rough diamond
purchases by the midstream in the fourth quarter of 2015 and a subsequent reduction in
manufacturing saw polished diamond stocks pull through the pipeline, resulting in firmer
polished prices. Rough diamond demand broadened across the entire product range as cutting
and polishing factories began to increase their activity.

Philippe Mellier, Chief Executive of De Beers Group, said: "We are encouraged by the result of
the first sales cycle of 2016, and will keep working closely with our customers to deliver
sustainable improvements in the diamond industry in 2016."


26 January 2016

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



For further information, please contact:

Media                                                                                       Investors
UK                                                                                          UK
James Wyatt-Tilby                                                                           Paul Galloway
Tel: +44 (0)20 7968 8759                                                                    Tel: +44 (0)20 7968 8718

Marcelo Esquivel                                                                            Ed Kite
Tel: +44 (0)20 7968 8891                                                                    Tel: +44 (0)20 7968 2178

South Africa
Pranill Ramchander

Anglo American plc
20 Carlton House Terrace London SW1Y 5AN United Kingdom
Tel: +44 (0)20 7968 8888 Fax: +44 (0)20 7968 8500
Registered office as above. Incorporated in England and Wales under the Companies Act 1985. Registered Number 3564138
Tel: +27 (0)11 638 2592

Shamiela Letsoalo
Tel: +27 (0)11 638 3112

Notes to editors:
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

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