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

Release Date: 04/10/2016 09:00
Code(s): AGL     PDF:  
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Anglo American rough diamond sales value for De Beers’ eighth 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 
 
Anglo American rough diamond sales value for De Beers’ eighth sales cycle of 2016

Anglo American plc announces the value of rough diamond sales (Global Sightholder Sales
and Auction Sales) for De Beers’ eighth sales cycle of 2016, amounting to $485 million,
compared with the $639 million value of the seventh sales cycle of 2016.

Bruce Cleaver, CEO of De Beers, said: “Demand for De Beers’ rough diamonds in Cycle 8
continued to reflect the improved midstream trading environment compared with 2015. Our
rough diamond sales were slightly ahead of expectation during the Cycle, given the normal
seasonal demand patterns, the shorter than usual period between Sights 7 and 8, and the
forthcoming holidays in some of the major diamond cutting centres.”


                                      Cycle 8 2016(1)                                     Cycle 7 2016(2)
                                       (provisional)                                         (actual)
Sales value(3)                           $485m                                                $639m

    (1)   Cycle 8 2016 provisional sales value represents sales as at 3 October 2016.
    (2)   Cycle 7 2016 actual sales value is restated following the earlier publication of a provisional figure for the seventh sales cycle of 2016.
    (3)   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.


For further information, please contact:

Media                                                                           Investors
UK                                                                              UK
James Wyatt-Tilby                                                               Paul Galloway
james.wyatt-tilby@angloamerican.com                                             paul.galloway@angloamerican.com
Tel: +44 (0)20 7968 8759                                                        Tel: +44 (0)20 7968 8718

Marcelo Esquivel                                                                Trevor Dyer
marcelo.esquivel@angloamerican.com                                              trevor.dyer@angloamerican.com
Tel: +44 (0)20 7968 8891                                                        Tel: +44 (0)20 7968 8992

South Africa                                                                    Sheena Jethwa
Pranill Ramchander                                                              sheena.jethwa@angloamerican.com
pranill.ramchander@angloamerican.com                                            Tel: +44 (0)20 7968 8680
Tel: +27 (0)11 638 2592

Ann Farndell
ann.farndell@angloamerican.com
Tel: +27 (0)11 638 2786

Notes to editors:
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


4 October 2016

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

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