Moody's Rating Action - AA02 - AA07 Anglo American SA Finance Limited JSE Bond Code: AA02 ISIN: ZAG000051574 JSE Bond Code: AA04 ISIN: ZAG000093949 JSE Bond Code: AA05 ISIN: ZAG000093931 JSE Bond Code: AA06 ISIN: ZAG000114836 JSE Bond Code: AA07 ISIN: ZAG000114828 Dated: 16 February 2016 Rating Agency: Moody’s Investors Service Ltd (‘Moody’s’) Moody’s downgrades Anglo American plc (‘AA plc’) ratings to Ba3 from Baa3. In accordance with paragraph 4.26 of the JSE Debt Listings Requirements, noteholders are advised that Moody’s has downgraded the senior unsecured ratings of AA plc and its subsidiaries to Ba3 from Baa3 and its short term ratings to NP from P-3. Concurrently, Moody’s downgraded the company’s national scale rating (‘NSR’) to Baa2.za from A3.za and downgraded the short term NSR from P-1.za to P-2.za. AA plc is the Guarantor under Anglo American SA Finance Ltd’s R20bn DMTN Programme. For further information contact: Debt Sponsor – The Standard Bank of South Africa Limited Alexi Contogiannis Tel (011)721 8003 Email: alexi.contogiannis@standardbank.co.za Anglo American SA Finance Limited Pranill Ramchander Tel (011)638 2592 Email: pranill.ramchander@angloamerican.com Debt Sponsor: The Standard Bank of South Africa Limited, acting through its Corporate and Investment Banking division. Date: 16/02/2016 12:18:00 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.