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ANGLO AMERICAN PLC - Anglo American rough diamond sales value for De Beers seventh sales cycle of 2017

Release Date: 05/09/2017 09:00
Code(s): AGL     PDF:  
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Anglo American rough diamond sales value for De Beers’ seventh sales cycle of 2017

Anglo American plc
Registered office: 20 Carlton House Terrace, London SW1Y 5AN
Registered number: 3564138 (incorporated in England and Wales)
Legal Entity Identifier: 549300S9XF92D1X8ME43
ISIN: GBOOB1XZS820
JSE Share Code: AGL
NSX Share Code: ANM

Anglo American rough diamond sales value for De Beers’ seventh sales cycle of 2017

Anglo American plc announces the value of rough diamond sales (Global Sightholder Sales and
Auction Sales) for De Beers’ seventh sales cycle of 2017, amounting to $505 million.

Bruce Cleaver, CEO of De Beers, said: “As expected, rough diamond sales were somewhat lower
in the seventh cycle of the year, with some midstream demand having already been brought
forward into Cycle 6 due to Diwali being earlier than normal in 2017.

“Businesses in the diamond industry’s midstream segment are adopting a watchful approach as
attention now turns to the Hong Kong Jewellery & Gem Fair in mid-September.”

                                            Cycle 7 2017(1)                       Cycle 6 2017(2)         Cycle 7 2016
                                             (provisional)                           (actual)               (actual)
 Sales value(3)                                 $505m                                $576m                  $639m

  (1)   Cycle 7 2017 provisional sales value represents sales as at 4 September 2017.
  (2)   Cycle 6 2017 actual sales value is restated following the earlier publication of a provisional figure for
        the sixth sales cycle of 2017.
  (3)   Sales values are quoted on a consolidated accounting basis and are before capitalisation of pre-
        commercial production revenues at Gahcho Kué. 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 to our
customers around the world.

As a responsible miner – of diamonds (through De Beers), copper, platinum and other precious
metals, iron ore, coal and nickel – we are the custodians of what are precious natural resources.
We work together with our key partners and stakeholders to unlock the long-term value that those
resources represent for our shareholders and for the communities and countries in which we
operate – creating sustainable value and making a real difference.
www.angloamerican.com


5 September 2017

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

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