ANGLO AMERICAN SA FINANCE LIMITED - Rating Action

Rating Action

Anglo American SA Finance Limited

Rating Action

Dated: 15 June 2017

Rating Agency: Moody’s Investors Service, Inc. (‘Moody’s’)

Moody’s upgrades Anglo American SA Finance Limited (‘AASAF’)
ZAR20bn DMTN Programme ratings to (P)Aa2.za from (P)A1.za.


In accordance with paragraph 4.26 of the JSE Debt Listings
Requirements, noteholders are advised that Moody’s has upgraded
the AASAF ZAR20bn DMTN Programme national scale rating (‘NSR’)
to (P)Aa2.za from (P)A1.za and confirmed the positive outlook.
AA plc is the Guarantor under Anglo American SA Finance Ltd’s
ZAR20bn DMTN Programme.

For further information contact:

Debt Sponsor – The Standard Bank of South Africa Limited
Natalie Di-Sante
Tel (011)721 6125 Email: natalie.di-sante@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: 15/06/2017 11:45:00 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.