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ANGLO AMERICAN PLAT LIMITED - Trading statement for the six months ended 30 June 2016

Release Date: 21/06/2016 08:00
Code(s): AMS     PDF:  
Wrap Text
Trading statement for the six months ended 30 June 2016

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 SIX MONTHS ENDED 30 JUNE 2016

Anglo American Platinum Limited (“the Company”) will release results for the six months ended 30 June
2016 ("the period") on the Johannesburg Stock Exchange News Service (“SENS”) on 25 July 2016.

With reference to the listings requirements of the JSE Limited, companies are required to publish a trading
statement as soon as they become reasonably certain that the financial results for the period to be reported
on next will differ by at least 20% from those of the previous corresponding reporting period.

Anglo American Platinum advises shareholders, with reasonable certainty, that headline earnings and
headline earnings per share (“HEPS”) for the six months ended 30 June 2016 will be at least 20% (R494
million or 189 cents per share) lower than the comparative reporting period for the six months ended 30
June 2015 (“the comparative period”). Headline earnings and HEPS for the comparative period were R2.5
billion and 946 cents respectively. Basic earnings and basic earnings per share (“EPS”) will also be at
least 20% (R489 million or 187 cents per share) lower than the comparative period. Basic earnings and
EPS for the comparative period were R2.4 billion million and 936 cents respectively.

The decrease in headline earnings and basic earnings is primarily due the stock take adjustment in the
previous period which resulted in an after tax-tax gain of R1.6 billion or 599 cents per share, and a decrease
in dollar metal prices which were partially offset by a weaker rand. The Company cannot yet quantify a
specific range, and will release a further announcement once there is more certainty.

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

Johannesburg
21 June 2016

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

For further information, please contact:

Investors:
Emma Chapman
Head of Investor Relations
Tel: +27 (0)11 373 6239
emma.chapman@angloamerican.com

Media:
Mpumi Sithole
Tel: +27 (0)11 373 6246
mpumi.sithole@angloamerican.com


About Anglo American Platinum
Anglo American is a globally diversified mining business. Our portfolio of world-class competitive mining
operations and undeveloped resources provides the raw materials to meet the growing consumer-driven
demands of the world’s developed and maturing economies. 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 diamonds (through De Beers) to platinum and
other precious metals and copper – to our customers around the world.

As a responsible miner, we are the custodians of those 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.

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: 21/06/2016 08:00:00 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,
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