Waterval smelter furnace number one – shutdown and rebuild 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") ANGLO AMERICAN PLATINUM’S WATERVAL SMELTER FURNACE NUMBER ONE – SHUTDOWN AND REBUILD Anglo American Platinum advises that it has safely effected a shutdown of the furnace number one at Waterval smelter in South Africa, after a leak of molten furnace matte was detected from the furnace’s hearth on Saturday, 10 September 2016. All emergency procedures, including actions to safeguard all site personnel, were successfully implemented and no one was injured. A preliminary assessment of the damage to the furnace has shown that a rebuild of the furnace should be brought forward, as the most prudent means of mitigating future potential operational risks. While the extent of the damage to the furnace has yet to be fully quantified, early indications are that the rebuild, and associated production ramp-up, is likely to take approximately three to four months to complete. The Company’s remaining smelters are operating at full capacity and consequently, smelting losses associated with this unplanned shutdown, will not be recovered during 2016. This furnace represents circa 20% of the Company’s smelting capacity. As a result, platinum production for the 2016 financial year is expected to be impacted by between 70,000 and 100,000 platinum ounces. There will be a build-up of concentrate stocks during the rebuild which will be released as refined metal in the future. The capital expenditure for the unplanned rebuild will be circa R125 million, resulting in total capital expenditure for the year to be at the upper end of our previously guided range of between R3.5 billion and R4.0 billion. The Company’s mining and concentrating activities are unaffected, therefore not impacting the previously guided range of produced (metal in concentrate) of 2.3 and 2.4 million platinum ounces. Shareholders and key stakeholders will be kept updated on the progress of the rebuilding of the furnace and associated impacts. 13 September 2016 Johannesburg Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) For further information, please contact: Investors: Media: Emma Chapman Mpumi Sithole (SA) +27 (0) 11 373 6239 (SA) +27 (0) 11 373 6246 emma.chapman@angloamerican.com 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. 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 a meaningful and sustainable difference in the development of the communities around its operations. www.angloamericanplatinum.com 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.angloamerican.com Date: 13/09/2016 11:18:00 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.