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

Release Date: 13/12/2016 10:00
Code(s): AGL     PDF:  
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Anglo American rough diamond sales value for De Beers’ tenth sales cycle of 2016

NEWS RELEASE
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

13 December 2016

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

Anglo American plc announces the value of rough diamond sales (Global Sightholder Sales
and Auction Sales) for De Beers’ tenth sales cycle of 2016, amounting to USD418 million,
compared with the USD476 million value of the ninth sales cycle of 2016.

Bruce Cleaver, CEO of De Beers, said: “We continued to see good demand for De Beers rough
diamonds in our latest sales cycle. While the trade in lower value rough diamonds is
experiencing a temporary slowdown as a result of the demonetisation programme in India,
demand across the rest of the product mix continued to be healthy and overall sales remained
in line with seasonal expectations. Pleasingly, sales were also significantly higher than those
for the equivalent cycle in 2015.”
                                                                                                         
                            Cycle 10 2016(1)          Cycle 9 2016(2)          Cycle 10 2015
                               (provisional)                 (actual)               (actual)
                  
Sales value(3)                       USD418m                  USD476m                USD248m

(1) Cycle 10 2016 provisional sales value represents sales as at 12 December 2016.
(2) Cycle 9 2016 actual sales value is restated following the earlier publication of a provisional figure for the ninth sales cycle of 2016.
(3) Sales values are quoted 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

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


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

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